Blogs

(09 JUNE 2020)S&P 500 Further upside.

Forex

<p>Pivot</p> <p>&nbsp;(invalidation): 3162.00 Our preference</p> <p>Long positions above 3162.00 with targets at 3260.00 &amp; 3320.00 in extension.</p> <p>Alternative scenario</p> <p>Below 3162.00 look for further downside with 3128.00 &amp; 3090.00 as targets.</p>

(09 JUNE 2020)DAX The bias remains bullish.

Forex

<p>Pivot</p> <p>&nbsp;(invalidation): 12600.00 Our preference</p> <p>Long positions above 12600.00 with targets at 13000.00 &amp; 13220.00 in extension.</p> <p>Alternative scenario</p> <p>Below 12600.00 look for further downside with 12325.00 &amp; 12133.00 as targets.</p>

(09 JUNE 2020)AUD/USD Turning down.

Forex

<p>Pivot</p> <p>&nbsp;(invalidation): 0.7035 Our preference</p> <p>Short positions below 0.7035 with targets at 0.6960 &amp; 0.6925 in extension.</p> <p>Alternative scenario</p> <p>Above 0.7035 look for further upside with 0.7070 &amp; 0.7100 as targets.</p>

Investors Await Powell’s Comments: FOMC Preview

Forex

<p>June’s Federal Open Market Committee meeting will conclude tomorrow likely with no action taken by the Fed. With interest rates already near zero and Chairman Jerome Powell stating negative rates are not an option, there is little that can be done. Instead, investors will look for discussion over potential stimulus packages and economic pr

Over 215M Micro E-mini Contracts Traded in First Year

Forex

<p>In their first year of trading, Micro E-mini futures have transformed the landscape of equity index futures trading. Following their launch in May 2019, more than 215 million contracts were traded in 12 months marking the most successful product launch in the CME’s history. First Year Highlights 865K per day average volume across all 4 [&h

USD: Downside Trend on Pause?

Forex

<p>The US Dollar hit a serious obstacle during decline on Monday which apparently helped bulls to gain control on Tuesday. A convenient explanation of this pullback is the process of pricing in the uncertainty related to the Fed’s meeting outcome on Wednesday. The US Central Bank has already signaled that it is unwilling to make […]

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