Pivot (invalidation): 113.40 Our preference Long positions above 113.40 with targets at 113.70 & 113.85 in extension. Alternative scenario Below 113.40 look for further downside with 113.25 & 113.10 as targets...
Pivot (invalidation): 1.2610 Our preference Long positions above 1.2610 with targets at 1.2685 & 1.2720 in extension. Alternative scenario Below 1.2610 look for further downside with 1.2565 & 1.2520 as targets...
Pivot (invalidation): 1.1375 Our preference Short positions below 1.1375 with targets at 1.1345 & 1.1330 in extension. Alternative scenario Above 1.1375 look for further upside with 1.1400 & 1.1425 as targets...
USDJPY bull pressure builds up on 113.81 resistance zone and now leaves risk of a move towards the 113.81. On the upside, resistance comes in at 114.00 level. Above here will turn attention to the 114.50 level. Further out, we expect a possible move towards the 115...
Pivot (invalidation): 51.95 Our preference Short positions below 51.95 with targets at 50.50 & 50.10 in extension. Alternative scenario Above 51.95 look for further upside with 52.80 & 53.30 as targets...
Pivot (invalidation): 14.6200 Our preference Long positions above 14.6200 with targets at 14.8300 & 14.9100 in extension. Alternative scenario Below 14.6200 look for further downside with 14.5200 & 14.4600 as targets...
Pivot (invalidation): 1241.75 Our preference Long positions above 1241.75 with targets at 1247.00 & 1249.00 in extension. Alternative scenario Below 1241.75 look for further downside with 1239.00 & 1236.00 as targets...
Pivot (invalidation): 2685.00 Our preference Short positions below 2685.00 with targets at 2623.00 & 2582.00 in extension. Alternative scenario Above 2685.00 look for further upside with 2708.00 & 2735.00 as targets...
Pivot (invalidation): 10850.00 Our preference Long positions above 10850.00 with targets at 11010.00 & 11078.00 in extension. Alternative scenario Below 10850.00 look for further downside with 10770.00 & 10680.00 as targets...
Pivot (invalidation): 5.3300 Our preference Long positions above 5.3300 with targets at 5.3700 & 5.4000 in extension. Alternative scenario Below 5.3300 look for further downside with 5.3050 & 5.2680 as targets...
Pivot (invalidation): 0.7210 Our preference Long positions above 0.7210 with targets at 0.7240 & 0.7255 in extension. Alternative scenario Below 0.7210 look for further downside with 0.7195 & 0.7180 as targets...
Pivot (invalidation): 1.3380 Our preference Short positions below 1.3380 with targets at 1.3320 & 1.3290 in extension. Alternative scenario Above 1.3380 look for further upside with 1.3420 & 1.3445 as targets...
Pivot (invalidation): 0.9910 Our preference Long positions above 0.9910 with targets at 0.9965 & 0.9990 in extension. Alternative scenario Below 0.9910 look for further downside with 0.9890 & 0.9865 as targets...
Pivot (invalidation): 113.15 Our preference Long positions above 113.15 with targets at 113.70 & 113.85 in extension. Alternative scenario Below 113.15 look for further downside with 113.00 & 112.85 as targets...
Pivot (invalidation): 1.2585 Our preference Long positions above 1.2585 with targets at 1.2675 & 1.2720 in extension. Alternative scenario Below 1.2585 look for further downside with 1.2550 & 1.2520 as targets...
Pivot (invalidation): 1.1350 Our preference Long positions above 1.1350 with targets at 1.1380 & 1.1400 in extension. Alternative scenario Below 1.1350 look for further downside with 1.1325 & 1.1305 as targets...
Recently I decided that I needed to pause the two automated trading strategies that I had been running. One had been tested to the point that I was comfortable running it on my live account and the newer one I was running on my demo account...
Pivot (invalidation): 51.40 Our preference Long positions above 51.40 with targets at 52.70 & 53.30 in extension. Alternative scenario Below 51.40 look for further downside with 50.50 & 50.10 as targets...
Pivot (invalidation): 14.6400 Our preference Short positions below 14.6400 with targets at 14.4900 & 14.4000 in extension. Alternative scenario Above 14.6400 look for further upside with 14.7200 & 14.8000 as targets...