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June 24 presidential elections in Turkey gave Erdogan an unambiguous victory, confirming his second mandate as Turkish leader for another five years...
During the Asian session, the US dollar extended yesterday’s gains but quickly lost its advance as risk sentiment continued to improve. After sliding to $1.1655, the single currency bounced back towards the 1.17 threshold...
The US dollar is declining on Tuesday. Nevertheless, so far this reduction should be regarded as correctional. The different focus of monetary policy of central banks in the US and Australia will be the main most important long-term factor in favor of weakening the AUD / USD pair...
USDJPY: The pair rejected lower prices to close flat on Monday leaving risk of a move higher on the cards. On the downside, support lies at the 111.00 level where a break if seen will aim at the 110.50 level. A cut through here will turn focus to the 110...
Rising on Friday due to an OPEC report mentioning that the organization will reduce exports for the month of August, Brent crude and West Texas Intermediate (WTI) closed the week at USD 73.07 and 70.46 respectively amid easing concerns of oversupply in the marketplace...
The week gets off to a slow start as investors continue to focus on trade war developments. Donald Trump did not just sit around over the weekend...
Pivot (invalidation): 7370 Our preference Long positions above 7370 with targets at 7700 & 7900 in extension. Alternative scenario Below 7370 look for further downside with 7230 & 7035 as targets...
Pivot (invalidation): 67.70 Our preference Long positions above 67.70 with targets at 68.90 & 69.15 in extension. Alternative scenario Below 67.70 look for further downside with 67.20 & 66.60 as targets...
Pivot (invalidation): 15.3700 Our preference Long positions above 15.3700 with targets at 15.6200 & 15.7200 in extension. Alternative scenario Below 15.3700 look for further downside with 15.3000 & 15.2200 as targets...
Pivot (invalidation): 1226.00 Our preference Long positions above 1226.00 with targets at 1238.00 & 1241.00 in extension. Alternative scenario Below 1226.00 look for further downside with 1221.00 & 1215.50 as targets...
Pivot (invalidation): 1.1650 Our preference Short positions below 1.1650 with targets at 1.1620 & 1.1600 in extension. Alternative scenario Above 1.1650 look for further upside with 1.1665 & 1.1680 as targets...
Pivot (invalidation): 0.8945 Our preference Short positions below 0.8945 with targets at 0.8920 & 0.8900 in extension. Alternative scenario Above 0.8945 look for further upside with 0.8960 & 0.8980 as targets...
Pivot (invalidation): 0.7400 Our preference Long positions above 0.7400 with targets at 0.7440 & 0.7455 in extension. Alternative scenario Below 0.7400 look for further downside with 0.7375 & 0.7350 as targets...
Pivot (invalidation): 1.3165 Our preference Short positions below 1.3165 with targets at 1.3105 & 1.3065 in extension. Alternative scenario Above 1.3165 look for further upside with 1.3200 & 1.3230 as targets...
Pivot (invalidation): 0.9950 Our preference Short positions below 0.9950 with targets at 0.9890 & 0.9870 in extension. Alternative scenario Above 0.9950 look for further upside with 0.9975 & 1.0005 as targets...
Pivot (invalidation): 111.60 Our preference Short positions below 111.60 with targets at 110.60 & 110.20 in extension. Alternative scenario Above 111.60 look for further upside with 112.15 & 112.50 as targets...
Pivot (invalidation): 1.3095 Our preference Long positions above 1.3095 with targets at 1.3180 & 1.3215 in extension. Alternative scenario Below 1.3095 look for further downside with 1.3050 & 1.3000 as targets...
Pivot (invalidation): 1.1720 Our preference Long positions above 1.1720 with targets at 1.1765 & 1.1785 in extension. Alternative scenario Below 1.1720 look for further downside with 1.1700 & 1.1670 as targets...
23.07.2018 EUR/USD (1.1728): The EUR/USD currency pair was seen closing near the previous resistance level of 1.1730 on Friday before slightly pulling back. The currency pair is expected to breakout from this resistance level in the near term if the bullish momentum continues...
EURUSD: The pair looks to extend its recovery triggered the past week in the new week. On the upside, resistance comes in at 1.1750 level with a cut through here opening the door for more upside towards the 1.1800 level. Further up, resistance lies at the 1...
