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Pivot (invalidation): 6.5165 Our preference Long positions above 6.5165 with targets at 6.7000 & 6.7940 in extension. Alternative scenario Below 6.5165 look for further downside with 6.4000 & 6.2880 as targets...
Pivot (invalidation): 0.7215 Our preference Short positions below 0.7215 with targets at 0.7160 & 0.7135 in extension. Alternative scenario Above 0.7215 look for further upside with 0.7240 & 0.7275 as targets...
Pivot (invalidation): 1.3030 Our preference Long positions above 1.3030 with targets at 1.3090 & 1.3125 in extension. Alternative scenario Below 1.3030 look for further downside with 1.2990 & 1.2965 as targets...
Pivot (invalidation): 0.9675 Our preference Long positions above 0.9675 with targets at 0.9715 & 0.9740 in extension. Alternative scenario Below 0.9675 look for further downside with 0.9655 & 0.9640 as targets...
Pivot (invalidation): 111.05 Our preference Short positions below 111.05 with targets at 110.85 & 110.65 in extension. Alternative scenario Above 111.05 look for further upside with 111.20 & 111.35 as targets...
Pivot (invalidation): 1.2970 Our preference Short positions below 1.2970 with targets at 1.2900 & 1.2860 in extension. Alternative scenario Above 1.2970 look for further upside with 1.3000 & 1.3030 as targets...
Pivot (invalidation): 1.1630 Our preference Short positions below 1.1630 with targets at 1.1580 & 1.1555 in extension. Alternative scenario Above 1.1630 look for further upside with 1.1655 & 1.1675 as targets...
EURUSD: The pair looks to pullback in the new week after turning lower the past week. On the upside, resistance comes in at 1.1650 level with a break through there opening the door for more upside towards the 1.1700 level. Further up, resistance lies at the 1...
Hello traders, greetings. EURUSD Here I will share in identifying sideways area and next strong actual Support for this week. People who understand this picture will get benefit, otherwise trading forex is not suitable for them...
Your Beliefs About Trading You do not trade the markets—no one does. Now that might sound surprising to many of you. But what you really trade are your beliefs about the market. Furthermore, your ability to do so is tempered by your beliefs about yourself...
First, a review of last week’s events: - EUR/USD. As expected, the week was full of multidirectional economic news, which caused first growth, and then the fall of this pair...
USDCHF: Risk Continues To Point Lower, Eyes 1.9600 Region USDCHF: The With the pair selling off the past week, more weakness is envisaged in the new week. On the downside, support lies at the 0.9650 level. A turn below here will open the door for more weakness towards the 0...
Japan’s economic data this week remain subdued, with a continued slowdown in industrial production in July, consumer consumption flat and a slight acceleration in inflation for August (CPI annual figures at 1.20%, slightly above consensus at 1%; core at 0.90%), suggesting a weak bounce for Q3 GDP...
As Argentina falls into economic chaos, fears of default are well founded. The peso has fallen more the 45% against the USD this year and official inflation is over 25%. The central bank’s futile attempt to fix things hiked rates 15% to 60% and promised not to lower before December...
Pivot (invalidation): 7035 Our preference Short positions below 7035 with targets at 6875 & 6805 in extension. Alternative scenario Above 7035 look for further upside with 7130 & 7235 as targets...
Pivot (invalidation): 1.1330 Our preference Short positions below 1.1330 with targets at 1.1270 & 1.1250 in extension. Alternative scenario Above 1.1330 look for further upside with 1.1350 & 1.1370 as targets...
Pivot (invalidation): 0.8990 Our preference Short positions below 0.8990 with targets at 0.8945 & 0.8925 in extension. Alternative scenario Above 0.8990 look for further upside with 0.9005 & 0.9025 as targets...
Pivot (invalidation): 0.7270 Our preference Short positions below 0.7270 with targets at 0.7235 & 0.7215 in extension. Alternative scenario Above 0.7270 look for further upside with 0.7300 & 0.7315 as targets...
