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Pivot (invalidation): 1.1300 Our preference Short positions below 1.1300 with targets at 1.1255 & 1.1235 in extension. Alternative scenario Above 1.1300 look for further upside with 1.1315 & 1.1335 as targets...
The 4 hour right side is down against the 3/19/20 highs at 1.9789. Ideally while below the late June highs there the pair can see a turn back lower continue. Before fall we can see a short term rally towards 1.6350 LONG EURUAD @1.6230-10 TP1- 1.6280 tp2- 1.6340 SL: 1.6190 Good luck...
Meanwhile, demand in safe haven assets is firming with increased inflows in US treasuries, Swiss franc and gold. Gold cleared the $1800 resistance and rallied to $1820 per oz on stops...
Equities in Shanghai (+1.03%) extended gains for the eighth consecutive session, still surfing on the wave of optimism that more central bank and government stimulus is underway to maintain a ‘healthy’ bull market to tackle the Covid-led economic slowdown in China...
Pivot (invalidation): 40.55 Our preference Long positions above 40.55 with targets at 41.10 & 41.40 in extension. Alternative scenario Below 40.55 look for further downside with 40.25 & 39.90 as targets...
Pivot (invalidation): 18.5200 Our preference Long positions above 18.5200 with targets at 18.8600 & 19.0200 in extension. Alternative scenario Below 18.5200 look for further downside with 18.3700 & 18.2200 as targets...
Pivot (invalidation): 1800.00 Our preference Long positions above 1800.00 with targets at 1818.00 & 1826.00 in extension. Alternative scenario Below 1800.00 look for further downside with 1792.00 & 1786.00 as targets...
Pivot (invalidation): 3143.00 Our preference Long positions above 3143.00 with targets at 3184.00 & 3225.00 in extension. Alternative scenario Below 3143.00 look for further downside with 3125.00 & 3086.00 as targets...
Pivot (invalidation): 12670.00 Our preference Short positions below 12670.00 with targets at 12370.00 & 12260.00 in extension. Alternative scenario Above 12670.00 look for further upside with 12730.00 & 12840.00 as targets...
Pivot (invalidation): 6.8650 Our preference Short positions below 6.8650 with targets at 6.8460 & 6.8390 in extension. Alternative scenario Above 6.8650 look for further upside with 6.8720 & 6.8820 as targets...
Pivot (invalidation): 0.6960 Our preference Long positions above 0.6960 with targets at 0.6995 & 0.7010 in extension. Alternative scenario Below 0.6960 look for further downside with 0.6945 & 0.6930 as targets...
Pivot (invalidation): 1.3540 Our preference Short positions below 1.3540 with targets at 1.3490 & 1.3470 in extension. Alternative scenario Above 1.3540 look for further upside with 1.3565 & 1.3590 as targets...
Pivot (invalidation): 0.9390 Our preference Short positions below 0.9390 with targets at 0.9365 & 0.9350 in extension. Alternative scenario Above 0.9390 look for further upside with 0.9405 & 0.9420 as targets...
Pivot (invalidation): 107.40 Our preference Short positions below 107.40 with targets at 107.15 & 107.00 in extension. Alternative scenario Above 107.40 look for further upside with 107.60 & 107.70 as targets...
Pivot (invalidation): 1.2590 Our preference Long positions above 1.2590 with targets at 1.2630 & 1.2650 in extension. Alternative scenario Below 1.2590 look for further downside with 1.2565 & 1.2535 as targets...
Pivot (invalidation): 1.1325 Our preference Long positions above 1.1325 with targets at 1.1370 & 1.1395 in extension. Alternative scenario Below 1.1325 look for further downside with 1.1310 & 1.1295 as targets...
This blog post should help to understand the settings of the EA Protection Filter (EAPF). The EAPF has many paramters, which can be confusing at the start. But in most cases you probably only need a fraction of the parameters and can ignore the rest...
The US dollar index remains little changed near the 97 mark. The EURUSD retreated below 1.13 as the single currency encountered solid resistance into the 1.1350 mark over the past 48 hours...
