So far, there is little evidence that a V-shaped recovery should be favored, as market outperformance is still being driven by a small number of stocks (i.e. technology and healthcare sectors...
Markets appear losing steam following yesterday’s gains motivated by Fed Chairman Powell comment that monetary stimulus is still on the table as well as headlines concerning the potential discovery of a vaccine by Moderna Inc that could create an immune-system response in the body, bringing extra...
Pivot (invalidation): 10890.00 Our preference Long positions above 10890.00 with targets at 11235.00 & 11340.00 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: 1. We are at Resistance coming from the Weekly Chart 2. First Push Down, SI:19.3 3. Hard to Move Up,SI: 20...
The global risk recovery is set to pick up at the start of the week as Fed Chai Powell expressed optimism that the US growth story will improve in 2H. S&P 500 futures (1.15%) pushing up Asian equities Nikkei (0.48), Shanghai Composite (0.47%), and Kospi (0...
Optimism over warm weather supporting the gradual return to normal activities following a more than two-month lockdown period globally holds equities in demand as commodity currencies hold to their gains with oil prices climbing above $30 for the first time since mid-March 2020 on hope of growing...
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: 1. We have hit a Fib Area 2. High Volumes at the bottom close to the 61.8 3. First Push Up, SI=6.8...