<p>Pivot</p> <p> (invalidation): 1603.00 </p> <p>Our preference</p> <p>Long positions above 1603.00 with targets at 1643.00 & 1668.00 in extension.</p> <p>Alternative scenario</p>
(25 March 2020)Silver spot ($) Bullish bias above 14.0400.
<p>Pivot</p> <p> (invalidation): 14.0400 </p> <p>Our preference</p> <p>Long positions above 14.0400 with targets at 14.7000 & 14.9000 in extension.</p> <p>Alternative scenario</p>
(25 March 2020)Crude Oil (WTI) The bias remains bullish.
<p>Pivot</p> <p> (invalidation): 23.50 </p> <p>Our preference</p> <p>Long positions above 23.50 with targets at 26.25 & 27.20 in extension.</p> <p>Alternative scenario</p>
(25 March 2020)DAILY MARKET BRIEF 1:Equities doped with unprecedented fiscal, monetary stimuli.
<p>US Congress passed the much-expected $2-trillion fiscal stimulus package, the largest in the US history, to fight the coronavirus-induced economic slowdown and to halt the heavy bleeding across the financial markets. We don’t have details about how this colossal amount will be spent, but the package certainly involves an expansive aid for
(25 March 2020)GBP/USD Supported by a rising trend line.
<p>Pivot</p> <p> (invalidation): 1.1750 </p> <p>Our preference</p> <p>Long positions above 1.1750 with targets at 1.1845 & 1.1890 in extension.</p> <p>Alternative scenario</p>
(25 March 2020)USD/JPY Rebound expected.
<p>Pivot</p> <p> (invalidation): 110.75 </p> <p>Our preference</p> <p>Long positions above 110.75 with targets at 111.70 & 112.00 in extension.</p> <p>Alternative scenario</p>
(25 March 2020)USD/CHF Turning down.
<p>Pivot</p> <p> (invalidation): 0.9825 </p> <p>Our preference</p> <p>Short positions below 0.9825 with targets at 0.9775 & 0.9750 in extension.</p> <p>Alternative scenario</p>
(25 March 2020)USD/CAD The downside prevails.
<p>Pivot</p> <p> (invalidation): 1.4455 </p> <p>Our preference</p> <p>Short positions below 1.4455 with targets at 1.4330 & 1.4280 in extension.</p> <p>Alternative scenario</p>
Chart of the Day US500 (S&P500)
<h2><span>Chart of the Day US500 (S&P500)</span></h2> <p><strong>US500 (S&P500) Potential Panic Low in Place</strong></p> <p><span>Following the Fed’s bazooka and the prospect of imminent US fiscal stimulus, S&P500 surged 9.38% overnight and the Dow registering its
Why Is The Nikkei Rallying?
<p>Despite the broader sell-off which has dominated asset markets recently, the Nikkei has seen a strong reversal this week. Rallying more than 8% yesterday and over 20% on the week, Japanese equities have been the clear outperformer. The reason for this rally has been the reaction to speculation about BOJ QE purchases which, unlike we’ve [&h