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Asian stocks were smashed, with Australia’s ASX (-9.70%) taking the biggest hit amid industrial production in China declined 13.5%, fixed asset investment tanked 24.5% and retail sales fell 20...
On Friday, US President Donald Trump declared a national state of emergency and today, the Federal Reserve (Fed) slashed its interest rates near zero in a second surprise action less than two weeks after it cut its rates by 50-basis-point in an unscheduled move...
Pivot (invalidation): 31.70 Our preference Short positions below 31.70 with targets at 30.35 & 29.75 in extension. Alternative scenario...
Pivot (invalidation): 15.1600 Our preference Short positions below 15.1600 with targets at 14.4200 & 14.0400 in extension. Alternative scenario...
Pivot (invalidation): 1563.00 Our preference Short positions below 1563.00 with targets at 1524.00 & 1504.00 in extension. Alternative scenario...
Pivot (invalidation): 2882.00 Our preference Short positions below 2882.00 with targets at 2595.00 & 2480.00 in extension. Alternative scenario...
Pivot (invalidation): 9670.00 Our preference Short positions below 9670.00 with targets at 8680.00 & 8330.00 in extension. Alternative scenario...
Pivot (invalidation): 6.2760 Our preference Long positions above 6.2760 with targets at 6.3390 & 6.3690 in extension. Alternative scenario...
Pivot (invalidation): 0.6120 Our preference Long positions above 0.6120 with targets at 0.6245 & 0.6300 in extension. Alternative scenario...
Pivot (invalidation): 1.3785 Our preference Long positions above 1.3785 with targets at 1.3900 & 1.3950 in extension. Alternative scenario...
Pivot (invalidation): 0.9525 Our preference Short positions below 0.9525 with targets at 0.9470 & 0.9435 in extension. Alternative scenario...
Pivot (invalidation): 106.40 Our preference Long positions above 106.40 with targets at 107.60 & 108.00 in extension. Alternative scenario...
Pivot (invalidation): 1.2425 Our preference Short positions below 1.2425 with targets at 1.2255 & 1.2165 in extension. Alternative scenario...
Pivot (invalidation): 1.1055 Our preference Long positions above 1.1055 with targets at 1.1155 & 1.1200 in extension. Alternative scenario...
Dear traders, times like this are anything but normal. This pandemic affects all of us worldwide and in many countries, public life is completely at a standstill. None of us have experienced a crisis of this kind, yet it also offers many unique opportunities that we might never have had...
First, a review of last week’s events: - EUR/USD. That's it! The world economy is no longer run by governments, banks, or corporations. The economy is reigned by only one "person" named Covid-19...
Hi forex trader, In this blog I want to show you how to use Moving Average Cloud (MAC) buffers to build a simple expert advisor. You can know more about MAC from here...
Hello and welcome everyone, after a few days of watching the market from the sideline we are now back in because the JPY grabbed our attention. That's what we saw at first this morning...
The latest sell-off has been a good test for the oil market. WTI crude held ground above $30 a barrel, laying the foundations of a solid support at this level...