Blogs
(23 April 2020)DAILY MARKET BRIEF 2:(ECB) having hit the limits of its stimulus capacity
<p>In Europe, the future of the union is at stake. With the European Central Bank (ECB) having hit the limits of its stimulus capacity and Christine Lagarde’s firm push for fiscal stimulus, the European finance ministers are, this time, left to their selves to tackle the biggest ever recession that the bloc has known since […]
(23 April 2020)DAILY MARKET BRIEF 1:Oil gains as Trump tries fueling tensions in the Mid-East.
<p>Most Asian stock indices traded in the green, as equities in Europe and the US reversed losses on Wednesday.</p> <p>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 […]
(23 April 2020)Crude Oil (WTI) Expect 17.70.
<p>Pivot</p> <p> (invalidation): 12.10 </p> <p>Our preference</p> <p>Long positions above 12.10 with targets at 16.20 & 17.70 in extension.</p> <p>Alternative scenario</p>
(23 April 2020)Silver spot ($) Further advance.
<p>Pivot</p> <p> (invalidation): 14.9400 </p> <p>Our preference</p> <p>Long positions above 14.9400 with targets at 15.4300 & 15.6000 in extension.</p> <p>Alternative scenario</p>
(23 April 2020)Gold spot ($) The bias remains bullish.
<p>Pivot</p> <p> (invalidation): 1702.00 </p> <p>Our preference</p> <p>Long positions above 1702.00 with targets at 1722.00 & 1730.00 in extension.</p> <p>Alternative scenario</p>
(23 April 2020)S&P 500 Rebound.
<p>Pivot</p> <p> (invalidation): 2761.75 </p> <p>Our preference</p> <p>Long positions above 2761.75 with targets at 2820.00 & 2879.00 in extension.</p> <p>Alternative scenario</p>