Alejandro Zambrano
Alejandro Zambrano
Alejandro Zambrano leads the team at InvestingCube.com, and is also ATFX’s Global Chief Market Strategist. He combines extensive professional experience and a pragmatic attitude to trading, building clients’ understanding of the markets and the rationale behind investing. Before joining ATFX, Zambrano was the Chief Market Strategist of the FCA regulated broker, Amana Capital. Prior to that, he was also the Head Analyst at FXCM’s London research desk. Interact with Alex via Twitter at @AlexFX00.

Soft US and Euro Area PMI Suggests Sharp Economic Contraction in US and Europe

The stock markets have been suggesting it for a while, and that is probably why they ignored the latest PMI figures from the US and Euro area. A two trillion USD fiscal stimulus is also helping the mood amongst investors. On March 24, we received a comprehensive update on the...

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Video: Coronavirus Special: Key Indicators to Watch, Dow Jones, GBPUSD, DAX Index

Watch the recording of this exclusive webinar as we discuss what may happen next with the coronavirus crisis, and how our Chief Market Strategist, Alex Zambrano, is navigating the markets in his private trading account....

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Dow Jones chart

Dow Jones Under Pressure, At Risk of Trading Back to 2016 Election Day Levels

The Dow Jones remains in a firm downtrend, and the trend will continue lower as long as the stock index trades below the March 17 high of 21351. Yesterday afternoon, a high was created around the 20377 level, and I suspect that if the Dow Jones revisits that level that...

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GBPUSD chart

GBPUSD Trend Remains Downwards as Traders Target 1985 Lows

GBPUSD has stabilized following yesterday’s 690 pips drop, but the downtrend remains firmly in place. The short-term trend will remain downwards as long as the price trades below yesterday’s high of 1.2135, and if we draw Fibonacci levels from yesterday’s high to low, we can derive the 50% correction level...

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FTSE 100

FTSE 100 Trend Remains Bearish, Watch These Levels

Today, the FTSE 100 slid below last week’s low, and from Friday’s high, the index was down by 15% by 8.30 am London time. As the trading session is about to end, the trend remains downwards in the FTSE 100 and will continue to be bearish as long as the...

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EURUSD

EURUSD Could Remain Range Bound for Longer, Watch These Levels

Today, the EURUSD pair is little changed as traders try to figure out what will happen next with the price. The price was heading straight up from its January 20 low of 1.0777, and reached the high of 1.1498, 18 days later on March 9, 2020. Following that sharp move...

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FED EURUSD

Dow Jones Limits Down Following Fed Interest Rate Reduction

Trading in the Dow Jones futures has started for the new week, and immediately the Dow Jones has weakened.  However, seen from a technical perspective, Friday’s close did enough to turn the very short-term trend bullish. Also, the Federal Reserve just reduced interest rates to the 0% to 0.25% interval...

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NZDUSD Daily Chart

Surprise RBNZ Interest Rate Cut Lifts NZDUSD, New Zealand Dollar, FED

It’s 21:30 GMT on Sunday, March 15, when the New Zealand dollar, NZDUSD, is trading at 0.6135. The New Zealand central bank, RBNZ, had just reduced interest rates by 50 basis points to 0.25%....

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FTSE 100

FTSE 100 Could Open Near Last Week’s Low, Down by 5.5% From Friday

At the time of writing, the FTSE 100 was be down by near 5.5% from Friday’s close and trading around 5350 according to spread bet brokers offering weekend trading. If the index remains around 5350 as trading starts for the new week, then this means that the FTSE 100 will...

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