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Today I'd like to talk about a correlation that is absolutely essential when it comes to trading Forex successfully. Let's start with a trade example we've spotted this morning on AUDCAD As you can see it's been the perfect setup...
The White House on the other hand is discussing additional fiscal aid measures worth $600 billion, on top of the historical $2 trillion rescue package just signed a couple of days ago...
The US stock indices extended their advanced for the fourth session over five, recording gains past 3% on Monday, amid healthcare stocks rallied on hopes that a vaccine could curtail the spread of the coronavirus and signal the end of the containment measures that have catastrophic implications f...
Pivot (invalidation): 14.2100 Our preference Short positions below 14.2100 with targets at 13.9100 & 13.7900 in extension. Alternative scenario...
Pivot (invalidation): 20.60 Our preference Long positions above 20.60 with targets at 22.60 & 23.40 in extension. Alternative scenario...
Pivot (invalidation): 1627.00 Our preference Short positions below 1627.00 with targets at 1609.00 & 1594.00 in extension. Alternative scenario...
Pivot (invalidation): 2520.00 Our preference Long positions above 2520.00 with targets at 2710.00 & 2800.00 in extension. Alternative scenario...
Pivot (invalidation): 9453.00 Our preference Long positions above 9453.00 with targets at 10117.00 & 10440.00 in extension. Alternative scenario...
Pivot (invalidation): 6.5450 Our preference Long positions above 6.5450 with targets at 6.5900 & 6.6200 in extension. Alternative scenario...
Pivot (invalidation): 0.6140 Our preference Long positions above 0.6140 with targets at 0.6200 & 0.6235 in extension. Alternative scenario...
Pivot (invalidation): 1.4130 Our preference Long positions above 1.4130 with targets at 1.4225 & 1.4275 in extension. Alternative scenario...
Pivot (invalidation): 0.9570 Our preference Long positions above 0.9570 with targets at 0.9625 & 0.9655 in extension. Alternative scenario...
Pivot (invalidation): 107.65 Our preference Long positions above 107.65 with targets at 109.05 & 109.60 in extension. Alternative scenario...
Pivot (invalidation): 1.2420 Our preference Short positions below 1.2420 with targets at 1.2275 & 1.2200 in extension. Alternative scenario...
Pivot (invalidation): 1.1060 Our preference Short positions below 1.1060 with targets at 1.0980 & 1.0950 in extension. Alternative scenario...
In the currency markets, the US dollar halted its decline as the investor sentiment soured again. The EURUSD retraced to 1.1068. Due today, the industrial and services sentiment indices may have dived to negative in March for the first time since 2013...
Not surprisingly, last week’s enthusiasm over the Federal Reserve’s (Fed) pledge to buy unlimited amount of assets and the US government’s historical $2-trillion rescue package didn’t last long. The Dow closed Friday’s session 4% lower, as S&P500 (-3.37%) and Nasdaq (-3...
Pivot (invalidation): 21.20 Our preference Short positions below 21.20 with targets at 19.40 & 18.70 in extension. Alternative scenario...
Pivot (invalidation): 14.2800 Our preference Short positions below 14.2800 with targets at 13.6100 & 13.4000 in extension. Alternative scenario...
