Blogs

<p>Pivot</p> <p>&nbsp;(invalidation): 108.75 </p> <p>Our preference</p> <p>Long positions above 108.75 with targets at 109.10 &amp; 109.25 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 1.2365 </p> <p>Our preference</p> <p>Long positions above 1.2365 with targets at 1.2420 &amp; 1.2440 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 1.0880 </p> <p>Our preference</p> <p>Short positions below 1.0880 with targets at 1.0845 &amp; 1.0825 in extension.</p> <p>Alternative scenario</p>

<p>Fed Chairman Jeremy Powell, the sponsor of “liquidity banquet” on the US money markets ensured that the Fed did not skimp on supply of credit resources. After turning a blind eye to moral hazard, he’ll share with us an updated assessment of the US economy, which will shed light on possible future policy decisions. In […]

<h2>Echoes of Former Crises</h2> <p>The Current crisis stemming from the ongoing spread of COVID-19 has once again shone a light on the tensions within the Euro-zone and the fault lines which run through the European project. Such episodes are not uncommon for the Euro-zone, even looking back beyond the most recent Brexit situatio

<h2>Oil Demand Decimated by Covid-19 Disruption</h2> <p>Following the mild recovery seen in WTI price action last week, momentum has stalled with oil prices trading roughly flat so far on the week. The main driver for oil prices remains the ongoing COVID-19 situation. While risk assets, generally speaking, have been able to reclai

<h2><span>Daily Market Outlook, April 9, 2020 </span></h2> <p><b>The Asian equity market is mostly up (apart from Japan)</b><span> after further strong gains on Wall Street yesterday. </span></p> <p><b>The Brent crude oil price is holding above $33bbl </b><span>in h

NeoWave theory by Glenn Neely. Retracement rule 5 – conditions “c” and “d” to apply it. Retracement rule 6, condition “a”. Dear friends! Today, I will be covering retracement rules five and six. If you haven’t read about the NeoWave theory, I strongly reading all the articles in the NeoWave series, based on Glenn Neely’s […]

Open GBP/USD positions according to the outcomes of the meetings of OPEC+ and G20  What is better, to stay still or to jump up and down? The GBP used to try both. In the September-December period, the GBP/USD pair soared by 13, following by a 16% drop by mid-March, and now the pair consolidating in the range […]

USCrude – oil Oil middle-term uptrend continues. Buy target in the trend is Target Zone 2 [30.75 – 30.19].  The trend key support is in the range of [23.29 – 22.73]. Expect the price to enter the zone of good buy prices and look for a pattern to open long position. The short-term trend is […]