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<p>INDICES Yesterday, European stocks were broadly higher, with the Stoxx Europe 600 Index rising 1.8%. Germany’s DAX 30 climbed 1.6%, the U.K.’s FTSE 100 increased 2.3%, and France’s CAC 40 was up 1.3%. EUROPE ADVANCE/DECLINE 74% of STOXX 600 constituents traded higher yesterday. 69% of the shares trade above their 20D MA v

<p>European bourses are pointing to a mixed start as oil prices gain and more US aid is coming, but PMI’s and US jobless claims could hit hard European markets are pointing towards a mixed start as investors digest the promise of more US aid to cushion the blow of the coronvirus hit, in addition to […]

<p>Most Asian stock indices traded in the green, as equities in Europe and the US reversed losses on Wednesday. The US crude inventories rose 15 million barrels last week, slightly lower than expected, but still a lot given that no one really knows where to store the extra oil if pumping continues at the current […]

<p>Oil prices are back into positive territory, a statement we never thought worthy of saying before. Both major oil benchmarks are recovering for a second straight day with gains exceeding 12% at the time of writing. The US is preparing for another round of stimulus, taking its overall financial aid to nearly $3 trillion dollars. […]

<p>The GBP/USD is bearish. 1.2350 zone is providing resistance and we can see new sellers within the zone. If they manage to bring the price below 1.2300, next wave of selling should start. 1.2300 has been providing support yesterday, when price tested 1.2300 after a strong drop. However the correction was a bit stronger as […]

<p>Pivot (invalidation): 12.10 Our preference Long positions above 12.10 with targets at 16.20 & 17.70 in extension. Alternative scenario Below 12.10 look for further downside with 10.25 & 8.90 as targets. Comment The RSI is above its neutrality area at 50%.</p> <p>The post <a rel="nofollow" href="https

<p>Pivot (invalidation): 14.9400 Our preference Long positions above 14.9400 with targets at 15.4300 &#38; 15.6000 in extension. Alternative scenario Below 14.9400 look for further downside with 14.8300 &#38; 14.6600 as targets. Comment The RSI is bullish and calls for further upside.</p> <p>The post <a rel="nofoll

<p>Pivot (invalidation): 2761.75 Our preference Long positions above 2761.75 with targets at 2820.00 & 2879.00 in extension. Alternative scenario Below 2761.75 look for further downside with 2727.00 & 2697.00 as targets. Comment The RSI is mixed with a bullish bias.</p> <p>The post <a rel="nofollow" href=&qu

<p>Pivot (invalidation): 10320.00 Our preference Long positions above 10320.00 with targets at 10520.00 & 10680.00 in extension. Alternative scenario Below 10320.00 look for further downside with 10200.00 & 9960.00 as targets. Comment The RSI calls for a rebound.</p> <p>The post <a rel="nofollow" href="

According to the Spanish Health Ministry, the number of confirmed coronavirus cases increased to 213,024 on Thursday from 208,389 reported Wednesday.