Blogs

(19 JUNE 2020)AUD/USD Rebound expected.

Forex

<p>Pivot</p> <p>&nbsp;(invalidation): 0.6830 Our preference</p> <p>Long positions above 0.6830 with targets at 0.6875 &amp; 0.6900 in extension.</p> <p>Alternative scenario</p> <p>Below 0.6830 look for further downside with 0.6795 &amp; 0.6770 as targets.</p>

(19 JUNE 2020)USD/CAD Under pressure.

Forex

<p>Pivot</p> <p>&nbsp;(invalidation): 1.3615 Our preference</p> <p>Short positions below 1.3615 with targets at 1.3580 &amp; 1.3555 in extension.</p> <p>Alternative scenario</p> <p>Above 1.3615 look for further upside with 1.3635 &amp; 1.3655 as targets.</p>

(19 JUNE 2020)USD/CHF Turning down.

Forex

<p>c Pivot</p> <p>&nbsp;(invalidation): 0.9520 Our preference</p> <p>Short positions below 0.9520 with targets at 0.9500 &amp; 0.9480 in extension.</p> <p>Alternative scenario</p> <p>Above 0.9520 look for further upside with 0.9530 &amp; 0.9545 as targets.</p>

(19 JUNE 2020)GBP/USD Rebound expected.

Forex

<p>Pivot</p> <p>&nbsp;(invalidation): 1.2400 Our preference</p> <p>Long positions above 1.2400 with targets at 1.2450 &amp; 1.2480 in extension.</p> <p>Alternative scenario</p> <p>Below 1.2400 look for further downside with 1.2360 &amp; 1.2320 as targets.</p>

(19 JUNE 2020)EUR/USD Turning up.

Forex

<p>Pivot</p> <p>&nbsp;(invalidation): 1.1185 Our preference</p> <p>Long positions above 1.1185 with targets at 1.1225 &amp; 1.1260 in extension.</p> <p>Alternative scenario</p> <p>Below 1.1185 look for further downside with 1.1160 &amp; 1.1140 as targets.</p>

Daily Commodity Outlook, June 19  2020 

Forex

<p><span>Asian stock market went higher on Friday as the market is looking to end this week in gains.U.S. stock market ended mixed on Thursday night as Jobless claims data disappointed to act as a damper in early U.S. trading, but the upbeat Philadelphia Fed survey for June provided support for the stock market. U.S. and […]

Daily Market Outlook, June 19, 2020 

Forex

<h2><span>Daily Market Outlook, June 19, 2020 </span></h2> <p><span><strong>Markets exhibited a cautious tone in Asia with the equity market mixed but broadly higher over the week.</strong> There were continuing concerns about rising coronavirus cases in Latin America as well as a potential second wav

Does dollar need a revolution?

Forex

The dollar smile theory is again discussed in Forex The rules are unable and the ruled ones are unwilling. The EUR/USD pair seems to be reaching a revolutionary stage which may lead to unexpected results. The buyers of the S&P 500 and the euro are losing the faith in the V-shaped recovery of the US economy, or […]

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