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21.04. Fresh trading analysis: positive earnings, pandemic concerns

Wednesday, April 21st, today’s news—European markets are up on positive earnings despite the lockdown worries, UK inflation grew in March. Asia-Pacific markets retreat, Japan's Nikkei 225 is down 2%, American markets are flat, dollar struggles to recover from a seven-month low as Treasury yields fall. The price of Brent oil is …

Gold analysis

Gold futures fluctuated in a narrow range slanting to an upside during the Asian session, overlooking the rebound of the US dollar index for the second session in a row from its lowest since the third of March, when it tested the lowest since February 26, according to the inverse …

EURUSD technical analysis

The pair is corrected downwards, but at the same time remains in a short-term uptrend. Positive data publication on the economy of Germany and the euro zone, as well as the US, will support the euro currency and put pressure on the US dollar. The decline in demand for …

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