<p>Pivot</p> <p> (invalidation): 1.4015 </p> <p>Our preference</p> <p>Short positions below 1.4015 with targets at 1.3970 & 1.3935 in extension.</p> <p>Alternative scenario</p>
Blogs
(25 MAY 2020)USD/CHF Rebound expected.
<p>Pivot</p> <p> (invalidation): 0.9705 </p> <p>Our preference</p> <p>Long positions above 0.9705 with targets at 0.9730 & 0.9745 in extension.</p> <p>Alternative scenario</p>
(25 MAY 2020)USD/JPY The bias remains bullish.
<p>Pivot</p> <p> (invalidation): 107.50 </p> <p>Our preference</p> <p>Long positions above 107.50 with targets at 107.85 & 108.00 in extension.</p> <p>Alternative scenario</p>
(25 MAY 2020)GBP/USD Bullish bias above 1.2160.
<p>Pivot</p> <p> (invalidation): 1.2160 </p> <p>Our preference</p> <p>Long positions above 1.2160 with targets at 1.2195 & 1.2210 in extension.</p> <p>Alternative scenario</p>
(25 MAY 2020)EUR/USD Watch 1.0870.
<p>Pivot</p> <p> (invalidation): 1.0910 </p> <p>Our preference</p> <p>Short positions below 1.0910 with targets at 1.0885 & 1.0870 in extension.</p> <p>Alternative scenario</p>
DAX with the help from German-French Eurobond plans soon back at 12,000 points?
<p><a href="https://admiralmarkets.com/analytics/traders-blog/dax30-eu-recovery-funds-eurobonds"><img data-resize="auto" data-resize="auto" data-resize="auto" data-resize="auto" data-resize="auto" data-resize="auto" data-resize="auto" data-src="https
April ECB Minutes Show the Central Bank Doesn’t Know What to Expect
<p>The minutes of April ECB meeting, released on May 22, revealed that the Central bank is eager to deliver more. “Minutes” are worthless they say, because it’s priced in… not the case this time.</p> <p>Two key things from the report: the ECB is ready to ease credit conditions more and the fact that PEPP remains […]
USD/RUB: Is a Global Reversal Ahead?
<p>Good day!</p> <p>The currency pair USD/RUB broke the lower side of descending triangle, gaining support at the 70.50 level. It is also targeting the broken side of this triangle as well as the level of 72.70. It sees that the asset might soon pull from the broken lower side of triangle and drop. It is […]
Eurozone Data Improving But ECB Concerns Remain
<h2>Economy Begins To Bounce Back</h2> <p>Eurozone recovery hopes continue to blossom this week. Following last week’s release of better than expected flash manufacturing data for the both the Eurozone and Germany, the German Ifo index released this morning also came in above expectations.</p> <p>The reading, which is
Precious Metals Monday 25-05-2020
<h2>Gold</h2> <p>Gold prices have seen renewed selling pressure over recent sessions following the breakout to fresh highs on the year last week which quickly reversed. The move above the 1747.15 level came with plenty of divergence on momentum studies and was short lived as both equities and the US dollar continue to see support,