The bullish flag has been activated in EUR/USD following ECB's statement. If the price can stay above $1.1085 after Lagarde's press conference then the measured target is $1.1260.
EUR/USD drops again to now hit multi-year support just above $1.08. Watch for a bounce here and potentially a bottom if the news flow from Ukraine improves.
Crude oil price just hit a major short-term target near $104.00. We are likely to see a pullback here before another push is staged with a goal of breaking $105
A remarkable turnaround in the US stock market yesterday yielded a bullish flag in the S&P 500. The target is 4415 although buyers are likely to face strong resistance on their way up.
The S&P 500 futures are down over 2% today on news from Ukraine. The price action slipped further in the red to hit 4120, the 127.2% Fibonacci extension. In case this zone gives away, the next big support is located near 4040.
Crude oil consolidating within a triangle. A break above $95 is likely to result in $100 quickly. A break below $89/90 opens the way for a deeper correction to $85
Bitcoin (BTC) price has plunged below the $40,000 mark for the first time in 4 months as bears move to test the 200-DMA near $38,500. More importantly, the $45,000 break activated the head-and-shoulders chart formation, which has a measured target of $28,000.
DAX Index has finally arrived to the "crime scene", a level of 12000 that hosts 100-WMA and 200-WMA. Given the strength of a rally recently, but also of this resistance zone, we may expect a pullback from these levels.
