Blogs

Japanese Prime Minister (PM) Shinzo Abe said on Thursday, that they will work with the local governments to tackle the coronavirus spread. He further

<p>But despite the increasing global glut, WTI crude held support at $20 per barrel. First, because the Saudi’s increased production is certainly countered by lower production elsewhere due to the very low oil prices. Canada, for example, shut in the oil sand refineries to survive the unsustainable market conditions. Second, the huge jump in

<p>Major US stock indices lost circa 4.40% on Wednesday, but this time the sell-off was driven by European markets amid major European banks announced they will not pay dividends in 2020. Investors who have already suffered colossal losses during the recent market selloff were further disenchanted to hear that they would be losing their reven

<p>Pivot</p> <p>&nbsp;(invalidation): 20.55 </p> <p>Our preference</p> <p>Long positions above 20.55 with targets at 21.55 &amp; 21.90 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 14.1000 </p> <p>Our preference</p> <p>Short positions below 14.1000 with targets at 13.7900 &amp; 13.6100 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 1596.00 </p> <p>Our preference</p> <p>Short positions below 1596.00 with targets at 1576.00 &amp; 1567.00 in extension.</p> <p>Alternative scenario</p>