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GBPUSD continues to face corrective recovery risk as it eyes further bullishness. Support comes in at 1.2100 with a turn below that level shifting focus to the 1.2050 level. Further down, support resides at the 1.2000 level where a break will turn attention to the 1.1950 level...
Pivot (invalidation): 54.75 Our preference Long positions above 54.75 with targets at 55.65 & 56.25 in extension. Alternative scenario...
Pivot (invalidation): 17.1800 Our preference Short positions below 17.1800 with targets at 17.0000 & 16.8500 in extension. Alternative scenario...
Pivot (invalidation): 1517.00 Our preference Short positions below 1517.00 with targets at 1504.00 & 1496.00 in extension. Alternative scenario...
Pivot (invalidation): 2864.00 Our preference Long positions above 2864.00 with targets at 2917.00 & 2942.00 in extension. Alternative scenario...
Pivot (invalidation): 11445.00 Our preference Long positions above 11445.00 with targets at 11620.00 & 11730.00 in extension. Alternative scenario...
Pivot (invalidation): 5.5680 Our preference Long positions above 5.5680 with targets at 5.5950 & 5.6060 in extension. Alternative scenario...
Pivot (invalidation): 0.6770 Our preference Long positions above 0.6770 with targets at 0.6795 & 0.6810 in extension. Alternative scenario...
Pivot (invalidation): 1.3285 Our preference Short positions below 1.3285 with targets at 1.3255 & 1.3240 in extension. Alternative scenario...
Pivot (invalidation): 0.9770 Our preference Long positions above 0.9770 with targets at 0.9810 & 0.9835 in extension. Alternative scenario...
Pivot (invalidation): 106.20 Our preference Long positions above 106.20 with targets at 106.50 & 106.75 in extension. Alternative scenario...
Pivot (invalidation): 1.2135 Our preference Long positions above 1.2135 with targets at 1.2160 & 1.2175 in extension. Alternative scenario...
Pivot (invalidation): 1.1105 Our preference Short positions below 1.1105 with targets at 1.1085 & 1.1065 in extension. Alternative scenario...
The word “trading” by itself is not very specific as it can refer to a variety of financial instruments and strategies. Think of the following questions you may ask yourself or be asked by others: · What kind of trader are you...
GOLD broader bias remains higher but with corrective warning. On the downside, support comes in at the 1,500.00 level where a break will turn attention to the 1,490.00 level. Further down, a cut through here will open the door for a move lower towards the 1,480.00 level...
EURUSD looks to recapture the 1.1026 support zone as it retains its broader weakness. Support comes in at the 1.1050 where a violation will turn risk to the 1.1000 level. A break below here will target the 1.1050 level. Further down, support sits at the 1.0950...
First, a review of last week’s events: - EUR/USD. As expected by most experts, supported by graphical analysis, the dollar went up last week, while the EUR/USD pair went down along with the euro. True, it did not reach the set target, the low of August 1, 1...
Seven Tips to Buy from MQL5 Markets Hello MQL5 community, I have been a member of MQL5 since 2014 and a seller since 2015. I bought and sold a lot of products from the market as most of you do, and I want to share some tips with new members here...