<p>Pivot</p> <p> (invalidation): 2910.00 </p> <p>Our preference</p> <p>Long positions above 2910.00 with targets at 2975.00 & 3010.00 in extension.</p> <p>Alternative scenario</p>
Blogs
(30 April 2020)DAX Further upside.
<p>Pivot</p> <p> (invalidation): 10890.00 </p> <p>Our preference</p> <p>Long positions above 10890.00 with targets at 11230.00 & 11400.00 in extension.</p> <p>Alternative scenario</p>
(30 April 2020)USD/TRY Rebound expected.
<p>Pivot</p> <p> (invalidation): 6.9400 </p> <p>Our preference</p> <p>Long positions above 6.9400 with targets at 6.9660 & 6.9780 in extension.</p> <p>Alternative scenario</p>
(30 April 2020)AUD/USD Bullish bias above 0.6520.
<p>Pivot</p> <p> (invalidation): 0.6520 </p> <p>Our preference</p> <p>Long positions above 0.6520 with targets at 0.6565 & 0.6590 in extension.</p> <p>Alternative scenario</p>
(30 April 2020)USD/CAD Capped by a negative trend line.
<p>Pivot</p> <p> (invalidation): 1.3915 </p> <p>Our preference</p> <p>Short positions below 1.3915 with targets at 1.3850 & 1.3820 in extension.</p> <p>Alternative scenario</p>
(30 April 2020)USD/CHF The bias remains bullish.
<p>Pivot</p> <p> (invalidation): 0.9730 </p> <p>Our preference</p> <p>Long positions above 0.9730 with targets at 0.9765 & 0.9785 in extension.</p> <p>Alternative scenario</p>
(30 April 2020)USD/JPY Bullish bias above 106.55.
<p>Pivot</p> <p> (invalidation): 106.55 </p> <p>Our preference</p> <p>Long positions above 106.55 with targets at 106.90 & 107.10 in extension.</p> <p>Alternative scenario</p>
(30 April 2020)GBP/USD Under pressure.
<p>Pivot</p> <p> (invalidation): 1.2480 </p> <p>Our preference</p> <p>Short positions below 1.2480 with targets at 1.2420 & 1.2390 in extension.</p> <p>Alternative scenario</p>
Tulip Mania: The Story of the Dutch Tulip Bubble
<p>Today, tulips are frequently found in flower shops and residential gardens, but in the Netherlands in 1637, a single tulip could buy you a house. This is the story of the Dutch Tulip Bubble, considered the first financial bubble in history. During the Dutch Golden Age, a period when Dutch trade, science, military and art […]
EU Data: Two weeks of Lockdown and -3.8% of GDP Decline in 1Q
<p><strong>GDP</strong></p> <p>Recession in 2020 will go down in history as a deliberate economic sacrifice of governments in exchange of greatly reduced uncertainty. Incoming data shows that this step came at a great cost. Eurozone GDP fell by 3.8% YoY in the first quarter and it is only with lockdowns affecting econo