First use of FX Volume in our Market Analysis Last week we've seen lots of powerful trend moves. This week seems to be quieter and the market takes a break. In FX Trend we see a wild mixture of trends across all time frames...
WTI crude advanced past $48 a barrel on hope that the additional cheap cash supply from central banks would boost the energy demand and lift oil prices. Plus, OPEC will meet on March 5-6 and will likely curb production with or without the support of Russia...
US stocks recorded a fascinating rally on Monday. The Dow surged 5.09%, the S&P500 spiked 4.60% and Nasdaq gained 4...
Pivot (invalidation): 47.10 Our preference Long positions above 47.10 with targets at 48.90 & 49.50 in extension. Alternative scenario...
Pivot (invalidation): 16.6400 Our preference Long positions above 16.6400 with targets at 17.2100 & 17.4000 in extension. Alternative scenario...
Pivot (invalidation): 1584.00 Our preference Long positions above 1584.00 with targets at 1610.50 & 1618.00 in extension. Alternative scenario...
Pivot (invalidation): 2990.00 Our preference Long positions above 2990.00 with targets at 3175.00 & 3215.00 in extension. Alternative scenario...
Pivot (invalidation): 11550.00 Our preference Long positions above 11550.00 with targets at 12120.00 & 12360.00 in extension. Alternative scenario...
Pivot (invalidation): 6.2050 Our preference Short positions below 6.2050 with targets at 6.1550 & 6.1310 in extension. Alternative scenario...
Pivot (invalidation): 0.6510 Our preference Long positions above 0.6510 with targets at 0.6585 & 0.6610 in extension. Alternative scenario...
Pivot (invalidation): 1.3355 Our preference Short positions below 1.3355 with targets at 1.3315 & 1.3295 in extension. Alternative scenario...
Pivot (invalidation): 0.9610 Our preference Short positions below 0.9610 with targets at 0.9560 & 0.9540 in extension. Alternative scenario...
Pivot (invalidation): 108.15 Our preference Short positions below 108.15 with targets at 107.35 & 107.00 in extension. Alternative scenario...
Pivot (invalidation): 1.2740 Our preference Long positions above 1.2740 with targets at 1.2825 & 1.2850 in extension. Alternative scenario...
Pivot (invalidation): 1.1115 Our preference Long positions above 1.1115 with targets at 1.1160 & 1.1185 in extension. Alternative scenario...
The daily is turning up against the 126.54 lows from 8/11/2019. The 4 hour right side is up from there. The hourly right side is down against the 144.97 highs. While above 8/11/2019 during the current pullback expect the pair continues higher again...
How to trade with FX Volume Below you'll find detailed illustration of how to work with FX Volume and how to use the information it provides. The Long/Short Ratio displays the overall trading positions from a Broker's point of view...
Gold recorded wild swings last Friday. The price of an ounce tanked to $1562 despite the heavy sell-off in the equity space. The precious metal traded near the $1600 on Monday...
Pivot (invalidation): 44.90 Our preference Long positions above 44.90 with targets at 46.80 & 47.70 in extension...
