<p>Pivot</p> <p> (invalidation): 0.9750 </p> <p>Our preference</p> <p>Short positions below 0.9750 with targets at 0.9715 & 0.9700 in extension.</p> <p>Alternative scenario</p>
Blogs
(29 April 2020)USD/JPY The downside prevails.
<p>Pivot</p> <p> (invalidation): 106.90 </p> <p>Our preference</p> <p>Short positions below 106.90 with targets at 106.35 & 106.15 in extension.</p> <p>Alternative scenario</p>
(29 April 2020)GBP/USD Further advance.
<p>Pivot</p> <p> (invalidation): 1.2420 </p> <p>Our preference</p> <p>Long positions above 1.2420 with targets at 1.2510 & 1.2530 in extension.</p> <p>Alternative scenario</p>
(29 April 2020)EUR/USD Continuation of the rebound.
<p> </p> <p>Pivot</p> <p> (invalidation): 1.0815 </p> <p>Our preference</p> <p>Long positions above 1.0815 with targets at 1.0870 & 1.0890 in extension.</p>
Iran Satellite Launch Raises Risks
<p>Following a flaring up of tensions between the US and Iran over the last two weeks, rhetoric seems to have calmed down a little this week, which has been a boost for risk markets. Last week, the prospect of conflict between the two nations spiked higher amidst increasingly aggressive rhetoric between the two nations.</p> <p>A [
Daily Market Outlook, April 29, 2020
<h2><span><strong>Daily Market Outlook, April 28, 2020</strong> </span></h2> <p><span>Asian equities are up this morning, despite a mixed performance yesterday on Wall Street, as ‘risk on’ continues to be the prevailing mood in the market. The oil price is modestly higher with Brent crude around $21bb
Daily Commodity Outlook, April 29, 2020
<h2></h2> <p><span>Stocks in Asia edged higher with U.S. equity futures as earning continued to roll in. The dollar maintained this week’s decline. Nasdaq futures climbed after Alphabet Inc. reported better-than-expected sales. On Wednesday night, U.S. equities saw a volatile session Tuesday with mega-cap tech stocks retreat
Tickmill’s Investing Diva, USDJPY Daily Outlook 29-04-20
<p>USDJPY Daily Outlook – On Tuesday oil turned positive, we found out that the French consumer confidence saw a record fall in April, so the French Prime Minister said it’s time to emerge from the coronavirus lockdown, but the UK is not ready to change social distancing measures.</p> <p>Welcome to the Tickmill update, I’m K
WTI Crude Oil settles in negative territory for May – will June’s WTI sell-off again
<p><a href="https://admiralmarkets.com/analytics/traders-blog/wti-oil-negative-may-june-strategy"><img data-resize="auto" data-resize="auto" data-resize="auto" style="width:auto;" data-src="https://fxmedia.s3.amazonaws.com/articles/remote/834ab047134095a30c0e6394ae5b2c80.jpeg&quo
Analysis for oil, gold, and EUR/USD for 29.04.2020
USCrude – oil Oil middle-term downtrend continues, as the key resistance hasn’t been broken out. The key resistance is in the zone of [11.67 – 10.92]. I don’t recommend selling oil, although the trend is down. I believe the instrument is strongly oversold. I recommend expecting the trend reversal up and buy the instrument then. […]