The past year has offered significant headline risk and slowing growth. Global growth has moderated to a below-trend 3.0% rate in 2019, as investment slows and US-China tariffs bite. Separate US measures like the "Hong Kong Human Rights and Democracy Act" have irritated China's government...
Tiffany & Co. reported challenges during the holiday shopping season in Hong Kong and Japan, but said overall sales for the period increased. The jeweler said global sales rose about 1% to 3% from Nov. 1 through Christmas Eve compared with the same stretch last year...
Pivot (invalidation): 61.35 Our preference Long positions above 61.35 with targets at 62.05 & 62.50 in extension. Alternative scenario...
Pivot (invalidation): 17.7400 Our preference Long positions above 17.7400 with targets at 18.0500 & 18.2200 in extension. Alternative scenario...
Pivot (invalidation): 3220.50 Our preference Long positions above 3220.50 with targets at 3250.00 & 3263.00 in extension. Alternative scenario...
Pivot (invalidation): 1506.50 Our preference Long positions above 1506.50 with targets at 1516.00 & 1521.50 in extension. Alternative scenario...
Pivot (invalidation): 13230.00 Our preference Long positions above 13230.00 with targets at 13390.00 & 13425.00 in extension. Alternative scenario...
Pivot (invalidation): 5.9450 Our preference Short positions below 5.9450 with targets at 5.9150 & 5.8950 in extension. Alternative scenario...
Pivot (invalidation): 0.6930 Our preference Long positions above 0.6930 with targets at 0.6970 & 0.6985 in extension. Alternative scenario...
Pivot (invalidation): 1.3125 Our preference Short positions below 1.3125 with targets at 1.3090 & 1.3075 in extension. Alternative scenario...
Pivot (invalidation): 0.9820 Our preference Short positions below 0.9820 with targets at 0.9790 & 0.9770 in extension. Alternative scenario...
Pivot (invalidation): 109.60 Our preference Short positions below 109.60 with targets at 109.35 & 109.25 in extension. Alternative scenario...
Pivot (invalidation): 1.2960 Our preference Long positions above 1.2960 with targets at 1.3015 & 1.3050 in extension. Alternative scenario...
Pivot (invalidation): 1.1100 Our preference Long positions above 1.1100 with targets at 1.1130 & 1.1145 in extension. Alternative scenario...
What to expect from major currency pairs in the New year. There is no doubt that the vast majority of brokerage companies and private traders consider the EUR/USD pair as one of the main tools for their work. Different sources say that this pair holds from 22% to 32% of the Forex market...
But while navigating market uncertainty and risks is bumpy at times, we see a number of choices investors can consider to smooth the investment path ahead: 1. Go "middle of the road" in bonds Yields on the safest bonds are low, while risks are rising among some high yield issuers...
