ZuluTrade Blog

Profit-Taking...?

Market View | Monday, May 11, 2020 4:54 PM GMT
Most probably, Traders have started profit-taking after the market’s recovery. Nasdaq has already recovered more than 80% from lows while SPX500 performed almost full recovery... [More]

Is GBPUSD heading to 61.8% Fibo level?

Market View | Friday, May 8, 2020 6:00 PM GMT
The Cable is exploding to the upside after employment rate release and the selling pressure has been increased on the greenback.... [More]

US market still positive after new Jobless Claims release

Market View | Thursday, May 7, 2020 4:07 PM GMT
Jobless Claims were just released and the trend remains heavily negative.... [More]

ADP Report: 20M Jobs Lost in April

Market View | Wednesday, May 6, 2020 4:38 PM GMT
US Indices remain stable currently after ADP employment report in which reported that the private sector sheds 20.2 million jobs in April due to coronavirus outbreak.... [More]

Federal Reserve Meeting in Focus

Market View | Wednesday, April 29, 2020 12:54 PM GMT
Today the regular Federal Reserve meeting will take place after two emergency meetings in March. Inv... [More]

Major Earnings Results may drive the Market!

Market View | Tuesday, April 28, 2020 2:43 PM GMT
Today Investors anticipate major earnings results by key players on the global economy.... [More]

U.S. jobless claims reach 26 million!

Market View | Thursday, April 23, 2020 4:45 PM GMT
The US jobless claims announcement is the top story in every newsfeed as another 4.4 million Americans were added in the unemployment lists.... [More]

Crude Oil Contract goes negative for a 1st time in history!

Market View | Tuesday, April 21, 2020 2:51 PM GMT
It’s true! It really happened. Producers had to pay Traders to take the oil off their hands. This has never happened before for an oil futures contract.... [More]

US Dollar is getting stronger

Market View | Thursday, April 16, 2020 2:53 PM GMT
Obviously, Investors prefer safe heavens instead of riskier assets and the US dollar grinds higher for a second day against its competitors.... [More]

Major Stocks surging before the US open

Market View | Tuesday, April 14, 2020 3:14 PM GMT
The markets are mixed as we speak and obviously, every Stock Index gets biased by COVID-19 daily num... [More]

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