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Technical Analysis

DAX30 closes the week above 13,000 points – further bullishness to come?


DAX30 closes the week above 13,000 points – further bullishness to come?

 Economic Events October 12, 2020Source: Economic Events October 12, 2020 - Admiral Markets' Forex Calendar

The German DAX30 saw a surprisingly strong weekly close above 13,000 points.

This was a surprise as it followed US President Donald Trump told his administration's negotiators aro

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EURUSD significantly above 1.1600, despite rising US yields – 1,2000 soon?


EURUSD significantly above 1.1600, despite rising US yields – 1,2000 soon?

Economic Events October 09, 2020Source: Economic Events October 09, 2020 - Admiral Markets' Forex Calendar

Into the weekly close, the economic calendar is quite thin, even though recent political developments are delivering enough fuel for potential volatility in FX markets and, thus, EURUSD.

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Will Gold bulls sustainably recapture 1,900 USD soon?


Will Gold bulls sustainably recapture 1,900 USD soon?

Economic Events October 07, 2020Source: Economic Events October 07, 2020 - Admiral Markets' Forex Calendar

Gold saw a solid start into the week, pushing back above the 1,900 USD mark.

One reason might be the "mixed" jobs report from last Friday. The report showed that the US economy ge

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Trump gets Coronavirus, DAX30 under pressure


Trump gets Coronavirus, DAX30 under pressure

Economic Events October 05, 2020Source: Economic Events October 05, 2020 - Admiral Markets' Forex Calendar

The German DAX30 found itself in a trading range between 12,700 and 12,900 points for most of last week after a bullish run last week on Monday.

A break below the "make-or-break" level

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NFPs on Friday in focus: will EURUSD see 1.1800 into the weekly close?


NFPs on Friday in focus: will EURUSD see 1.1800 into the weekly close?

Economic Events October 02, 2020

Source: Economic Events October 02, 2020 - Admiral Markets' Forex Calendar

Compared to last week, the overall picture in EURUSD hasn't significantly changed over the last several days.

With a drop below 1.1700 the short-term forecast remains short and this co

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