Blogs

<p>USDJPY pushes higher continuing a two-week uptrend which commenced on March 9 from the 101.17 multi year low. The move seems to be backed by positive momentum within the upward sloping Ichimoku lines, as well as the bullish crossover of the 100-period simple moving average (SMA) by the 50-period one. Furthermore, the short-term oscillators

<p>The Federal Open Market Committee (FOMC) announced a series of steps this morning designed to support the flow of credit in the U.S. economy. The actions taken are breath-taking in their scope. Indeed, these steps surpass in breadth and depth the measures that the Fed created in the midst of the financial crisis a decade […]

<p>The dollar index fell on Monday after Fed announced the new extraordinary set of programs in attempt to offset severe disruption to the economy on corona virus pandemic. The US central bank decided to extend the use of ‘heavy artillery’ as situation could deteriorate further and become uncontrollable. Increased stimulus and new facil

<p>This morning, the Federal Reserve announced a whole host of measures to support the U.S. economy. The moves included: Making its asset purchase program open-ended (effectively unlimited) and also including the purchases of commercial mortgage-backed securities. Previously, the Federal Reserve had pledged to purchase $500 billion of Treasur

<p>US 500 index (Cash) gapped today underneath the inside swing low of 2,273 reaching a multi-year low of 2,183.95 before buyers surfaced, steering the price back up towards the 2,350 area, where the flat Ichimoku lines are located. The short-term oscillators, although negative, reflect some strengthening in positive momentum. The MACD, in th

<p>The US Fed has provided unprecedented stimulus to the US markets so far, include slashing interest rates to 0%-25%,  QE4, extending credit lines, and participating in the overnight commercial paper markets.  Today, the Fed has announced TALF, or Term Asset-Backed Securities Loan Facility.  TALF allows the Fed to buy UNLIMITED amounts of Tr

<p>From limit-down into the green US futures are bouncing back strongly after the Fed went all in on Monday, announcing unlimited, open-ended QE among numerous other measures to support the economy and markets. We’ve gone from limit-down into the green and could soon be limit-up, all before the opening bell on Wall Street. Safe to […]

<p>The emergency airdrop of fiscal and monetary support provided to fight back in the battle against the coronavirus impact on the global economy continues to prevent further dives in world markets. This battle is of course not receiving a helping hand from the climbing numbers of the disease and fatalities, which at time of writing […

<p>On Monday, March 23rd, Brent is trading at 26.23 USD per barrel. After a quick rebound, market players resumed selling: demand for energy commodities remains low, thus putting pressure on prices. The COVID-19 pandemic continues spreading worldwide and makes global governments enforce quarantine restrictions. The restrictions, in their turn

<p>Gold price started a fresh decline from well above the $1,520 support against the US Dollar. The price declined below the $1,500 support and even traded below $1,485. Finally, the price traded as low as $1,455 and recently corrected higher. There was a recovery above the $1,485 resistance level and the 50 hourly simple moving […]