Pivot (invalidation): 1.0840 Our preference Short positions below 1.0840 with targets at 1.0815 & 1.0795 in extension. Alternative scenario...
The weekly is turning up against the 9/8/2017 lows at 1.2061. The daily & 4 hour right side is up with a bullish sequence against the 12/31/19 lows at 1.2944. While above 1...
The weekly right side is down against the 7/27/17 highs at .7557. The daily right side is down against .6758 from 12/31/19. The 4 hour right side is down with a bearishsequence & the hourly is turning down against .6130. While below there the pair can continue lower again...
The weekly right side is up with a bullish sequence against the .6920 lows from 7/17/2015. The daily right side is up with a bullish sequence against the .8272 lows from 12/13/19. The 4 hour right side is up with a bullish sequence and the hourly is turning up against .8679...
Pivot (invalidation): 16.75 Our preference Short positions below 16.75 with targets at 15.20 & 14.40 in extension. Alternative scenario...
Pivot (invalidation): 15.1300 Our preference Long positions above 15.1300 with targets at 15.4400 & 15.6000 in extension. Alternative scenario...
Pivot (invalidation): 1729.00 Our preference Short positions below 1729.00 with targets at 1715.00 & 1709.00 in extension. Alternative scenario...
Pivot (invalidation): 2779.00 Our preference Long positions above 2779.00 with targets at 2879.00 & 2913.00 in extension. Alternative scenario...
Pivot (invalidation): 10200.00 Our preference Long positions above 10200.00 with targets at 10480.00 & 10610.00 in extension. Alternative scenario...
Pivot (invalidation): 6.9840 Our preference Short positions below 6.9840 with targets at 6.9450 & 6.9200 in extension...
Pivot (invalidation): 0.6400 Our preference Long positions above 0.6400 with targets at 0.6470 & 0.6500 in extension. Alternative scenario...
Pivot (invalidation): 1.4115 Our preference Short positions below 1.4115 with targets at 1.4035 & 1.4000 in extension. Alternative scenario...
Pivot (invalidation): 0.9750 Our preference Short positions below 0.9750 with targets at 0.9720 & 0.9705 in extension. Alternative scenario...
Pivot (invalidation): 107.60 Our preference Short positions below 107.60 with targets at 107.25 & 107.00 in extension. Alternative scenario...
Pivot (invalidation): 1.2360 Our preference Long positions above 1.2360 with targets at 1.2415 & 1.2440 in extension. Alternative scenario...
Pivot (invalidation): 1.0805 Our preference Long positions above 1.0805 with targets at 1.0840 & 1.0860 in extension. Alternative scenario...
Joe Dinapoli Trading Methodology Joe is a veteran trader with over 40 years of solid market trading experience. He is also a dogged and thorough researcher, an internationally recognized lecturer, and a widely acclaimed author...
EURUSD faces risk of further move higher after backing off lower prices on Friday. Resistance comes in at the 1.0850 where a break will turn risk towards the 1.0900 level. A breach of here will target the 1.0950 level. Further up, resistance stands at the 1.1000...
The weekly right side is down against the 1/26/2018 highs at .8130. The daily right side is down against the .7029 highs from 12/31/19. While bounces fail below .6445 where the 4 & 1 hour are turning down the pair can continue to see weakness lower...