<p>Pivot</p> <p> (invalidation): 107.65 </p> <p>Our preference</p> <p>Long positions above 107.65 with targets at 108.00 & 108.10 in extension.</p> <p>Alternative scenario</p>
Blogs
(26 MAY 2020)GBP/USD Watch 1.2250.
<p>Pivot</p> <p> (invalidation): 1.2180 </p> <p>Our preference</p> <p>Long positions above 1.2180 with targets at 1.2230 & 1.2250 in extension.</p> <p>Alternative scenario</p>
Equity Futures Rally on Reopening Optimism
<p>Equity markets rallied Tuesday morning with hopes that the worst of the Covid-19 pandemic is over. As some of world’s largest economies begin to reopen and news of potential vaccines continues to circulate, investors seem optimistic about market recovery. However, with US-China trade negotiations still hanging in the balance, is this marke
COT Data: Buying Pressure Decreases in Crude Oil, More Sellers Resign
<p>Market players are now sitting tight in crude oil as the price continues to float in the narrow range with key support to sentiments offered by voluntary/involuntary supply cuts. Upturn in commodity markets along with weaker dollar are also reflected in strong performance of EM and commodity currencies. As the bull trend in the oil [&helli
COVID-19 Vaccine Hopes Increasing
<p>Just one month on from countries across the globe suffering COVID-19 deaths in the high hundreds and still facing weeks of lockdowns, the landscape has shifted dramatically. Around the world now, countries are coming out of lockdown and beginning to return to some sense of normality. With infection rates and death tolls dropping steadily a
The IndeX Files 26-05-2020
<h2>Vaccine Hopes Boosting Risk Sentiment</h2> <p>Global equities benchmarks are trading with renewed upside momentum this week amidst a broad improvement in risk sentiment. Investor appetite is returning as the global COVID-19 deaths continue to decline, suggesting that hopefully the worst of the virus is now passing. Sentiment h
Daily Market Outlook, May 26, 2020
<h2><span>Daily Market Outlook, May 26, 2020 </span></h2> <p><span><strong>A positive risk tone has continued through the Asian market session leading to further gains in equities</strong>. In particular, Japanese stocks are up by over 2%, supported by the country exiting its state of emergency and PM
Daily Commodity Outlook, May 26 2020
<p><span>Stocks in Asia went higher for a second day, shrugging off geopolitical tensions. Tensions between the U.S. and Beijing remain in focus after China condemned the U.S. for adding 33 Chinese entities to a trade blacklist. At the same time, China sought to reassure HK that its judiciary world remains independent under new national
Tickmill’s Investing Diva, EURUSD Daily Outlook 26-05-20
<p>EURUSD Daily Outlook – Risk appetite returned last week as traders seemed hopeful that coronavirus vaccine trials could see more progress and that the economies around the world could slowly open up.</p> <p>Welcome to the Tickmill update, I’m Kiana Danial the founder of the Invest Diva movement. Make sure to subscribe to
Merkel and Macron take a step towards an EU transfer union – is the EUR/USD headed for 1.1200?
<p><a href="https://admiralmarkets.com/analytics/traders-blog/merkel-macron-eu-transfer-union"><img data-resize="auto" data-resize="auto" data-resize="auto" data-src="https://fxmedia.s3.amazonaws.com/articles/remote/021715796cd0052bed0c4cd6c2366e5f.jpeg"></a></p><p&g