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Escalating US-China tensions weighed on sentiment in Asia. Equities in Shanghai (+0.32%) and Hong Kong (-0.02%) lacked direction, the ASX (+1...
The US dollar sank to a two-year low after the Empire Manufacturing index warned that the business conditions in the US deteriorated significantly more than expected in August, with the headline figure showing a decline to 3.7 from 17.2 printed a month earlier...
Pivot (invalidation): 42.30 Our preference Long positions above 42.30 with targets at 42.95 & 43.20 in extension. Alternative scenario Below 42.30 look for further downside with 42.10 & 41.80 as targets...
Pivot (invalidation): 27.1000 Our preference Long positions above 27.1000 with targets at 28.3000 & 28.7500 in extension. Alternative scenario Below 27.1000 look for further downside with 26.5700 & 26.2700 as targets...
Pivot (invalidation): 1976.00 Our preference Long positions above 1976.00 with targets at 2003.00 & 2015.00 in extension. Alternative scenario Below 1976.00 look for further downside with 1966.00 & 1956.00 as targets...
Pivot (invalidation): 3378.00 Our preference Long positions above 3378.00 with targets at 3400.00 & 3415.00 in extension. Alternative scenario Below 3378.00 look for further downside with 3362.00 & 3350.00 as targets...
Pivot (invalidation): 12955.00 Our preference Short positions below 12955.00 with targets at 12800.00 & 12730.00 in extension. Alternative scenario Above 12955.00 look for further upside with 13055.00 & 13100.00 as targets...
Pivot (invalidation): 7.3680 Our preference Long positions above 7.3680 with targets at 7.4070 & 7.4300 in extension. Alternative scenario Below 7.3680 look for further downside with 7.3490 & 7.3160 as targets...
Pivot (invalidation): 0.7200 Our preference Long positions above 0.7200 with targets at 0.7230 & 0.7245 in extension. Alternative scenario Below 0.7200 look for further downside with 0.7180 & 0.7165 as targets...
Pivot (invalidation): 1.3230 Our preference Short positions below 1.3230 with targets at 1.3170 & 1.3150 in extension. Alternative scenario Above 1.3230 look for further upside with 1.3245 & 1.3265 as targets...
Pivot (invalidation): 0.9070 Our preference Short positions below 0.9070 with targets at 0.9045 & 0.9030 in extension. Alternative scenario Above 0.9070 look for further upside with 0.9095 & 0.9120 as targets...
Pivot (invalidation): 105.90 Our preference Short positions below 105.90 with targets at 105.45 & 105.25 in extension. Alternative scenario Above 105.90 look for further upside with 106.05 & 106.20 as targets...
Pivot (invalidation): 1.3100 Our preference Long positions above 1.3100 with targets at 1.3150 & 1.3170 in extension. Alternative scenario Below 1.3100 look for further downside with 1.3085 & 1.3070 as targets...
Pivot (invalidation): 1.1860 Our preference Long positions above 1.1860 with targets at 1.1900 & 1.1930 in extension. Alternative scenario Below 1.1860 look for further downside with 1.1830 & 1.1805 as targets...
On July 31 of this year, the administration of US President Donald Trump announced that the popular social application TikTok, owned by the Chinese company ByteDance, could pose a serious threat to the country's national security, since it belongs to China and can transfer personal data of users...
For this analysis I use iPump indicator https://www.mql5.com/en/market/product/39895 EUR / USD On Friday, the EUR / USD pair was trading higher and closed the day in positive territory around $ 1.1840. The pair has also increased slightly today, rising to $ 1.1865...
Gold remained bid above the $1930 per oz, but investors remain in a wait-and-see mode following the severe downside correction that dragged the price of an ounce by up to $200 last week...
Equities in Asia kicked off the week on a mixed note. Nikkei (-0.63%) fell as the data showed the Japanese economy contracted 7.8% in the second quarter and 27.8% on annualized basis, the worst figures on record, as the pandemic took a heavy toll on consumption, capital expenditure and exports...
Pivot (invalidation): 42.05 Our preference Long positions above 42.05 with targets at 42.55 & 42.90 in extension. Alternative scenario Below 42.05 look for further downside with 41.85 & 41.65 as targets...