<p>Pivot</p> <p> (invalidation): 0.9620 </p> <p>Our preference</p> <p>Short positions below 0.9620 with targets at 0.9590 & 0.9570 in extension.</p> <p>Alternative scenario</p>
Blogs
(15 April 2020)USD/JPY Under pressure.
<p>Pivot</p> <p> (invalidation): 107.30 </p> <p>Our preference</p> <p>Short positions below 107.30 with targets at 106.95 & 106.70 in extension.</p> <p>Alternative scenario</p>
(15 April 2020)GBP/USD Bullish bias above 1.2580.
<p>Pivot</p> <p> (invalidation): 1.2580 </p> <p>Our preference</p> <p>Long positions above 1.2580 with targets at 1.2650 & 1.2690 in extension.</p> <p>Alternative scenario</p>
(15 April 2020)EUR/USD The bias remains bullish.
<p>Pivot</p> <p> (invalidation): 1.0960 </p> <p>Our preference</p> <p>Long positions above 1.0960 with targets at 1.1000 & 1.1020 in extension.</p> <p>Alternative scenario</p>
Gold mining industry
<p>The gold mining industry has not yet been affected by COVID-19 and quarantine events, and “everything is fine with it,” said Denis Alexandrov, head of Highland Gold Mining (HGM). </p> <p> </p> <p> "What they said from the point of view of the restriction on the sales of gold has not yet affected us as […
Will US/China Relations Survive COVID-19 Crisis?
<h2>US/China Relations In Focus</h2> <p>With the COVID-19 crisis commanding the attention of governments around the globe, the trade negotiations between the US and China have been put on the back-burner for now. In some respects, the emergence of a global health crisis has shone a light on how petty and unnecessary the two-year t
Chart of the Day USTec (Nasdaq)
<h2><span>Chart of the Day USTEC (Nasdaq)</span></h2> <p><span>USTEC (Nasdaq) – Probable Price Paths</span></p> <p><span>The Great Lockdown Recession as the IMF titled it will see the global economy contract by 3% this year, led by the US (-5.9%) and Europe (-7.5%) while India (1.9%
Trump Cancels WHO Funding Over China Claims
<p>Over a Presidency which has been headlined by controversy and scandal, Trump has once again thrust himself into the limelight for all the wrong reasons. Just a couple of months after his impeachment acquittal, Trump has made headlines this week firstly for a heated televised press conference in which he openly attacked and insulted members
Daily Market Outlook, April 15, 2020
<h2><strong>Daily Market Outlook, April 15, 2020 </strong></h2> <p><b>More cautious market sentiment prevailed in Asia</b><span>, with mixed equity markets ahead of further US earnings announcements later today. The IMF yesterday said the global recession will be the worst since the Great Depression.
Tickmill’s Investing Diva, AUDJPY Daily Outlook 15-04-20
<p>AUDJPY Daily Outlook – On Tuesday we found out that big banks’ profits plunged as they set aside billions to get ready for a flood of customers to default on their loans throughout the COVID-19 pandemic. Meanwhile, the IMF said we’re likely headed towards a massive global recession unlike anything aside from the Great Depression.<