When Twitter Inc. and Snap Inc. posted quarterly revenue that blew past analysts’ expectations, the results bumped up the shares of the two of their larger rivals: Facebook Inc. and Alphabet Inc.
Brent: is there a bottom?
Information is not investment advice
On the W1, Brent oil formed a bullish “hammer”. The pattern appeared near the 50-week MA (64.80). This week opened with a gap to the upside – the market is optimistic about the demand for the commodity after the US-China trade deal. By applying the Fibonacci tool to the January decline, we get the upside targets at 66.40 and 67.25. Corrections to the support in the 65.35/10 area represent potential buy opportunities.
Notice that to trade Brent, you need to choose BRN-20H in your MetaTrader.
EUR/USD managed to rise for a very short period of time right after the ECB decision to as high as 1.1798 before declining and giving away its entire gains.
US Equities bounced back again in the past two days, while the S&P500 recovered all of its declines after holding well above its 50-day MA for the fifth time this year.
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