<p>Pivot</p> <p> (invalidation): 3000.00 Our preference</p> <p>Long positions above 3000.00 with targets at 3100.00 & 3140.00 in extension.</p> <p>Alternative scenario</p> <p>Below 3000.00 look for further downside with 2970.00 & 2921.00 as targets.</p>
Blogs
(02 JUNE 2020)DAX Rebound.
<p>Pivot</p> <p> (invalidation): 11570.00 Our preference</p> <p>Long positions above 11570.00 with targets at 11770.00 & 11880.00 in extension.</p> <p>Alternative scenario</p> <p>Below 11570.00 look for further downside with 11500.00 & 11430.00 as targets.</p>
(02 JUNE 2020)USD/TRY Under pressure.
<p>Pivot</p> <p> (invalidation): 6.8230 Our preference</p> <p>Short positions below 6.8230 with targets at 6.7880 & 6.7640 in extension.</p> <p>Alternative scenario</p> <p>Above 6.8230 look for further upside with 6.8390 & 6.8570 as targets.</p>
(02 JUNE 2020)AUD/USD Bullish bias above 0.6760.
<p>Pivot</p> <p> (invalidation): 0.6760 Our preference</p> <p>Long positions above 0.6760 with targets at 0.6815 & 0.6855 in extension.</p> <p>Alternative scenario</p> <p>Below 0.6760 look for further downside with 0.6715 & 0.6665 as targets.</p>
OPEC+ June Meeting: Level of Compliance, Demand Recovery Hint about Dovish Decision
<p>Oil prices advanced by more than 2% on Tuesday on expectations that the June OPEC + talks would have a positive outcome for the market. The initial date for the meeting is June 9-10, but rumors emerged this week that it can be brought forward to this Thursday. Potential market surprise centers on the question […]
Daily Commodity Outlook, June 2 2020
<p><span>Asian shares went higher on Tuesday following another strong session in the U.S. on Monday night. Global stocks are trading at a three-month high as businesses reopen around the world following coronavirus shutdowns, even with unemployment escalating. Goldman Sachs Group Inc. said the U.S. labour market is showing the earliest
Trump Threatens Military Lockdown As Riots Continue
<h2>From Bad To Worse</h2> <p>Conditions in the US have dramatically deteriorated this year and we are now starting to see significant selling pressure emerging in the Dollar. The US economy which had already been weakened by the two-year trade war waged by the president against China has been heavily damaged by the COVID-19 outb
The IndeX Files 02-06-2020
<h2>Equities As Dollar Falls Amidst US Tensions</h2> <p>Global equities benchmarks continue to gain ground this week despite emerging risk factors which have taken the shine off the post-lockdown recovery now underway. The backdrop of US/China tensions, which rose to the forefront last week ,has now seen a shift in focus amidst th
Daily Market Outlook, June 2, 2020
<h2><span>Daily Market Outlook, June 2, 2020 </span></h2> <p><span><strong>Asian equity market is largely up this morning following modest gains on Wall Street yesterday</strong>. Another night of demonstrations in the US and threats from President Trump to use troops if necessary to establish order s
Twitter fact-checks Trump tweets – will the stock tumble?
<p><a href="https://admiralmarkets.com/analytics/traders-blog/twitter-trump-fact-checking-stock"><img data-resize="auto" data-resize="auto" data-resize="auto" data-resize="auto" data-src="https://fxmedia.s3.amazonaws.com/articles/Twitter_Stock_-_Compressed.jpg"></a>