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<p>WTI crude oil futures is continuing a seven-week rebound but with slower momentum over the last couple of days, reaching a fresh three-month peak near 40.60. The short-term bias looks overbought as the RSI pulled back from the 70 level and is heading south, while the MACD is flattening above its trigger and zero lines. […]

<p>Investors’ worst nightmare becomes reality with news of a second wave of contagion hitting the wires in the US. According to Bloomberg, Florida reported the highest number of new cases in a week and hospitalizations in Texas surged by a record 6.3%. Meanwhile, the WHO warned that the persistent rise in Latin America is a […]

<p>INDICES Yesterday, European stocks still lacked upward momentum, with the Stoxx Europe 600 Index slipping 0.4%. Germany’s DAX 30 fell 0.7%, France’s CAC 40 dropped 0.8%, and the U.K.’s FTSE 100 edged down 0.1%. EUROPE ADVANCE/DECLINE 66% of STOXX 600 constituents traded lower or unchanged yesterday. 88% of the shares trad

<p>The EUR/JPY made a bearish bounce at the 21 ema zone after a bearish breakout below it (wave a). The bearish impulse will probably complete a counter trend move near or at the 144 ema close. The EUR/JPY remains bearish as long as price action stays below the 21 ema zone. Price is aiming for […]

<p>Pivot (invalidation): 37.95 Our preference Long positions above 37.95 with targets at 39.40 & 39.90 in extension. Alternative scenario Below 37.95 look for further downside with 37.10 & 36.40 as targets. Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.</p> <p>T

<p>Pivot (invalidation): 17.7700 Our preference Long positions above 17.7700 with targets at 18.0400 & 18.1900 in extension. Alternative scenario Below 17.7700 look for further downside with 17.5200 & 17.3600 as targets. Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.</p&

<p>Pivot (invalidation): 1721.00 Our preference Long positions above 1721.00 with targets at 1745.00 & 1755.00 in extension. Alternative scenario Below 1721.00 look for further downside with 1708.00 & 1696.00 as targets. Comment The RSI is mixed to bullish.</p> <p>The post <a rel="nofollow" href="https:

<p>Pivot (invalidation): 3233.00 Our preference Short positions below 3233.00 with targets at 3162.00 & 3128.00 in extension. Alternative scenario Above 3233.00 look for further upside with 3260.00 & 3320.00 as targets. Comment The RSI is mixed to bearish.</p> <p>The post <a rel="nofollow" href="https:/

<p>Pivot (invalidation): 12764.00 Our preference Short positions below 12764.00 with targets at 12430.00 & 12240.00 in extension. Alternative scenario Above 12764.00 look for further upside with 13000.00 & 13220.00 as targets. Comment As Long as the resistance at 12764.00 is not surpassed, the risk of the break below 12430.00 remain

Initial Claims are expected to fall to 1.550 million from 1.877 million. while Continuing Claims are set to drop to 20 million from 21.487 million. Eq