Blogs

<p>Pivot</p> <p>&nbsp;(invalidation): 7.0100 </p> <p>Our preference</p> <p>Short positions below 7.0100 with targets at 6.9690 &amp; 6.9510 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 0.6495 </p> <p>Our preference</p> <p>Short positions below 0.6495 with targets at 0.6450 &amp; 0.6430 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 1.4030 </p> <p>Our preference</p> <p>Long positions above 1.4030 with targets at 1.4085 &amp; 1.4115 in extension.</p> <p>Alternative scenario</p>

<p>Tuesday, May 19th marks the Last Trade Date for the June 2020 Crude Oil futures contract. Active CL traders can roll to the July contract as early as Thursday, May 14th, before the open. Standard trade execution fees & commissions apply. For up-to-date information on contract expirations, roll dates, news announcements & more, vi

<p>Good day!</p> <p>British pound has currently reached the supporting level of 1.2247. This asset might jump anytime soon although it could also break the lower boundary of the range and drop just to target the level of around 1.2000:<br /> <img class="alignnone size-large wp-image-43464" src="http://blog.

<p>AUDJPY Daily Outlook – On Wednesday the US stock market took a nosedive, oil held near $30 caught between demand loss and supply cuts, Fed’s Powell said the economy may face ‘extended period’ of weak growth, we found out that the UK GDP shrank by a record 5.8% in March, and there may be a […]

<p><strong>Oil: Contango Eases</strong></p> <p>Tuesday WTI gains, which helped the price to close above $25, set the stage for modest Wednesday rally. While the market ponders over next leg of the rally, price difference between the December and June WTI futures continued to narrow:</p> <p><img class=&qu

<p><span>Asian stocks were mixed on Wednesday in a risk-off session. The New Zealand dollar fell after the country’s central bank boosted its asset purchase program and indicated openness toward negative interest rates.  Earlier, a tweet from President Donald Trump, complaining about China trade policy, sent equities into a fleeting swo

<h2>Negative UK Growth Readings</h2> <p>The British Pound has come under renewed selling pressure today in response to the latest UK data released this morning. The UK GDP figure for March came in at -5.8% on the month, marking the sharpest monthly contraction since the Office for National Statistics began compiling data in 1997.

<h2>QE Almost Doubled</h2> <p>The Reserve Bank of New Zealand became the latest central bank to increase its monetary easing this week. At the May monetary policy meeting held overnight, the RBNZ announced that while rates will remain unchanged at the current record lows of 0.25% it will increase its bond purchases by nearly doubl