<p>Asian equities kicked off the week on a mostly positive note on the back of encouraging trade data in China. Chinese exports fell 6.6% in March versus a 14% slump expected by analysts and a 17.2% decline recorded a month earlier. Imports retreated 0.9% y-o-y during the same month versus -9.5% penciled in and -4.0% […]
Blogs
New Strategy Guide is coming for Gann Angles with Probability
<p>New Strategy Guide is coming for Gann Angles with Probability </p> <p>We are currently working on the strategy guidance for Gann Angles with Probability. In this article, we will cover the idea behind the Gann Angles and its limitation on implementing side. Then, we will introduce the application of measuring speed of market an
(14 April 2020)Crude Oil (WTI) Under pressure.
<p>Pivot</p> <p> (invalidation): 23.30 </p> <p>Our preference</p> <p>Short positions below 23.30 with targets at 22.05 & 21.10 in extension.</p> <p>Alternative scenario</p>
(14 April 2020)Silver spot ($) 15.8400 expected.
<p>Pivot</p> <p> (invalidation): 15.2900 </p> <p>Our preference</p> <p>Long positions above 15.2900 with targets at 15.7400 & 15.8400 in extension.</p> <p>Alternative scenario</p>
(14 April 2020)Gold spot ($) Expect 1750.00.
<p>Pivot</p> <p> (invalidation): 1700.00 </p> <p>Our preference</p> <p>Long positions above 1700.00 with targets at 1735.00 & 1750.00 in extension.</p> <p>Alternative scenario</p>
Forecast for EUR / USD
<p>How to avoid false start? Donald Trump argues that the decline in mortality from coronavirus in the United States is associated with the success of social distance policies. At the same time, the president said that he has full power to give orders to the states to weaken this policy. The White House is close […]
(14 April 2020)S&P 500 Choppy.
<p>Pivot</p> <p> (invalidation): 2720.00 </p> <p>Our preference</p> <p>Long positions above 2720.00 with targets at 2836.00 & 2900.00 in extension.</p> <p>Alternative scenario</p>
DXY Abandons the Levels Above 100
<p>There is a growing perception that the worst for stocks could be over. The latest winning streak in the US stock market with little downside pressure is indicative of relative market consensus about the appreciation and scaring indifference to news headlines related to coronavirus. At the same time, we are witnessing global weakening of th
China Trade Recovers But GDP Risks Remain
<h2>Trade Data Improves</h2> <p>The latest trade data out of China has given a further signal that the world’s second largest economy is starting to recover. Following the two months of shut-downs in China, restrictions have started to be lifted over recent weeks, allowing for a pick-up in economic activity. Notably, last month we
Chart of the Day AUDUSD
<h2><span>Chart of the Day AUDUSD</span></h2> <p><strong>AUDUSD – Probable Price Paths</strong></p> <p><span>Broad USD was slightly mixed overnight, with the greenback softening against both the cyclicals, led by the AUD (supported risk sentiment, firm commodity complex), and the JPY