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Next week (May 5), the next meeting of the RBA will be held. As you know, in early April, the regular meeting of the RBA was held, following which the bank management decided to keep the current monetary policy unchanged. The key interest rate of the RBA was kept at a record low level of 0...
At its monetary policy meeting today, the European Central Bank (ECB) is expected to maintain the interest rates unchanged, as the ECB’s Q1 Bank Lending Survey showed that companies’ demand for short-term loans rose in the first quarter due to emergency cash needs in the context of the pandemic-h...
US and global equities are boosted by positive news from Gilead’s remdesivir trials to treat Covid-19 and solid results from Microsoft and Facebook as expected. In fact, stay-home environment benefited to Microsoft’s Team, where the daily active users rose by 75 million...
Pivot (invalidation): 15.40 Our preference Long positions above 15.40 with targets at 17.95 & 18.50 in extension. Alternative scenario...
Pivot (invalidation): 15.1200 Our preference Long positions above 15.1200 with targets at 15.3200 & 15.3900 in extension. Alternative scenario...
Pivot (invalidation): 1703.00 Our preference Long positions above 1703.00 with targets at 1718.00 & 1724.00 in extension. Alternative scenario...
Pivot (invalidation): 2910.00 Our preference Long positions above 2910.00 with targets at 2975.00 & 3010.00 in extension. Alternative scenario...
Pivot (invalidation): 10890.00 Our preference Long positions above 10890.00 with targets at 11230.00 & 11400.00 in extension. Alternative scenario...
Pivot (invalidation): 6.9400 Our preference Long positions above 6.9400 with targets at 6.9660 & 6.9780 in extension. Alternative scenario...
Pivot (invalidation): 0.6520 Our preference Long positions above 0.6520 with targets at 0.6565 & 0.6590 in extension. Alternative scenario...
Pivot (invalidation): 1.3915 Our preference Short positions below 1.3915 with targets at 1.3850 & 1.3820 in extension. Alternative scenario...
Pivot (invalidation): 0.9730 Our preference Long positions above 0.9730 with targets at 0.9765 & 0.9785 in extension. Alternative scenario...
Pivot (invalidation): 106.55 Our preference Long positions above 106.55 with targets at 106.90 & 107.10 in extension. Alternative scenario...
Pivot (invalidation): 1.2480 Our preference Short positions below 1.2480 with targets at 1.2420 & 1.2390 in extension. Alternative scenario...
Pivot (invalidation): 1.0885 Our preference Short positions below 1.0885 with targets at 1.0840 & 1.0815 in extension. Alternative scenario...
Setup : 1Hour Chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) Our Story: Tha's a meshy chart but an opportunity appeared this morning. 1...
The weekly is turning down and the daily right side is down with a bearish sequence against the 2/16/18 highs at 1.2568. The 4 hour right side is down with a bearish sequence against the 1.1497 highs from 3/9/20. The hourly right side is down with a bearish sequence against the 1.0992 highs...
Moving to the economic calendar, Australia printed its highest quarterly inflation in five years. Consumer prices in Australia rose 2.2% in the first quarter of 2020 as wildfires and early effects of coronavirus outbreak led to a significant jump in food prices...
Major US stock indices closed slightly lower on Tuesday following a turbulent session, as technology stocks led losses with Nasdaq down by 1.40...
