Blogs

<p>In the currency markets, the US dollar is down on the back of an untouched risk appetite, but the US treasuries remain in demand. The US 10-year yield remains capped near the 0.70% mark.</p> <p> </p> <p>The USDJPY attracted buyers near the 106-support, as the USDCHF reached the 200-day moving average (0.9785).</p

<p>US and European equities closed Thursday’s session comfortably higher, and futures rose on prospects of business reopening, even though the White House stood against issuing specific guidelines on when and how to kick start the economic activity on fear that they could be too prescriptive, and force businesses to come back too early and ca

<p>Projecting Significant Channels into Future with EFW Analytics</p> <p> EFW Analytics is a powerful tool for your trading. EFW analytics contains multiple of features. One of them is project significant channels into future (available from version 10.6). The concept behind this is similar to viewing neighboring Channel feature.

<p>Pivot</p> <p>&nbsp;(invalidation): 24.45 </p> <p>Our preference</p> <p>Short positions below 24.45 with targets at 23.20 &amp; 22.55 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 15.1600 </p> <p>Our preference</p> <p>Long positions above 15.1600 with targets at 15.6000 &amp; 15.8000 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 1703.00 </p> <p>Our preference</p> <p>Long positions above 1703.00 with targets at 1731.00 &amp; 1745.00 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 2846.00 </p> <p>Our preference</p> <p>Long positions above 2846.00 with targets at 2901.00 &amp; 2931.00 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 10600.00 </p> <p>Our preference</p> <p>Long positions above 10600.00 with targets at 10800.00 &amp; 10980.00 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 7.1500 </p> <p>Our preference</p> <p>Short positions below 7.1500 with targets at 7.0540 &amp; 7.0160 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 0.6500 </p> <p>Our preference</p> <p>Long positions above 0.6500 with targets at 0.6570 &amp; 0.6600 in extension.</p> <p>Alternative scenario</p>