Blogs

<p>In the foreign exchange markets, the US dollar index consolidates above the 100 mark on firm safe haven demand. The US treasury yields retreat as investors continue piling into less risky US debt, despite the uptick in equities – a proof that the risk appetite remains brittle.</p> <p>The EURUSD extended losses to 1.0775 on Thur

<p>US equities rebounded; the Dow (+1.62%) and the S&amp;P500 (+1.15%) gained on Thursday, as bank stocks rallied 2.64% as the Federal Reserve (Fed) Chair Jerome Powell talked down the possibility of negative rates for the moment. Nasdaq advanced 0.91%.</p> <p>But gains in US futures remained limited in Asia, on the back of ri

<p>Pivot</p> <p>&nbsp;(invalidation): 26.75 </p> <p>Our preference</p> <p>Long positions above 26.75 with targets at 27.95 &amp; 28.55 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 15.8800 </p> <p>Our preference</p> <p>Long positions above 15.8800 with targets at 16.2000 &amp; 16.3600 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 1722.00 </p> <p>Our preference</p> <p>Long positions above 1722.00 with targets at 1743.00 &amp; 1748.00 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 2821.00 </p> <p>Our preference</p> <p>Long positions above 2821.00 with targets at 2880.00 &amp; 2907.00 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 10160.00 </p> <p>Our preference</p> <p>Long positions above 10160.00 with targets at 10475.00 &amp; 10600.00 in extension.</p> <p>Alternative scenario</p>