Gold is preparing for its best week since 2016. The ounce of precious metal traded at $1680 and the strengthening positive momentum could encourage a further rise to the $1700 mark. But gold is not virus-proof...
Equity markets were marked by wild upside and downside swings this week, moving in a completely random pattern and furiously rejecting all support from governments and central banks. At this point no one can really explain why the markets behave the way they do, and what may be next...
Pivot (invalidation): 46.35 Our preference Short positions below 46.35 with targets at 44.85 & 44.20 in extension. Alternative scenario...
Pivot (invalidation): 17.2600 Our preference Long positions above 17.2600 with targets at 17.5200 & 17.6600 in extension. Alternative scenario...
Pivot (invalidation): 1660.00 Our preference Long positions above 1660.00 with targets at 1676.50 & 1689.00 in extension. Alternative scenario...
Pivot (invalidation): 3081.00 Our preference Short positions below 3081.00 with targets at 2949.00 & 2855.00 in extension. Alternative scenario...
Pivot (invalidation): 12200.00 Our preference Short positions below 12200.00 with targets at 11624.00 & 11400.00 in extension. Alternative scenario...
Pivot (invalidation): 6.0910 Our preference Long positions above 6.0910 with targets at 6.1440 & 6.1670 in extension. Alternative scenario...
Pivot (invalidation): 0.6615 Our preference Short positions below 0.6615 with targets at 0.6580 & 0.6560 in extension. Alternative scenario...
Pivot (invalidation): 1.3385 Our preference Long positions above 1.3385 with targets at 1.3435 & 1.3455 in extension. Alternative scenario...
Pivot (invalidation): 0.9485 Our preference Short positions below 0.9485 with targets at 0.9415 & 0.9385 in extension. Alternative scenario...
Pivot (invalidation): 106.45 Our preference Short positions below 106.45 with targets at 105.50 & 105.00 in extension. Alternative scenario...
Pivot (invalidation): 1.2930 Our preference Long positions above 1.2930 with targets at 1.2970 & 1.3000 in extension. Alternative scenario...
Pivot (invalidation): 1.1200 Our preference Long positions above 1.1200 with targets at 1.1275 & 1.1300 in extension. Alternative scenario...
The StopHunts Indicator has a unique algorithm that can get you into the market ahead of price itself. Join the market makers and stop trading with the herd. It took me more than a year of development and testing. This will be the last indicator I will release...
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) Classic Short Our Story: 1. We are at Fib Area...
WTI crude traded a touch below the $48 mark per barrel. The two-day OPEC meeting starts today. Announcement of lower OPEC production could be the last piece in the puzzle to cement the recovery in the equity markets. But OPEC needs to pay up for that...
US equities coughed to life as the Congress agreed to spend $7.8 billion to combat the coronavirus on Wednesday. This was three times the amount suggested by President Donald Trump, a kind of surprise needed to boost the investor sentiment nowadays...
Pivot (invalidation): 47.75 Our preference Short positions below 47.75 with targets at 46.75 & 46.45 in extension. Alternative scenario...
