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Well, US session just starts and my plan for EURNZD tonight is: If the price bounces at the level, BUY around 1.73033, stop loss at 1.72500, target at 1.7375. It's a little bit wide stop so I'll just use half of my normal position. DISCLAIMER: THIS IS NOT A TRADING SIGNAL...
The escalation of the trade war between the United States and China has strengthened expectations of a worsening situation in world international trade and the economy. The growth of fears about this caused a collapse of stock quotes and indices on world stock markets...
Pivot (invalidation): 51.70 Our preference Long positions above 51.70 with targets at 53.15 & 53.75 in extension. Alternative scenario Below 51.70 look for further downside with 51.25 & 50.55 as targets...
Pivot (invalidation): 17.0200 Our preference Long positions above 17.0200 with targets at 17.2400 & 17.3200 in extension. Alternative scenario Below 17.0200 look for further downside with 16.8200 & 16.6700 as targets...
Pivot (invalidation): 1491.00 Our preference Long positions above 1491.00 with targets at 1510.00 & 1521.00 in extension. Alternative scenario Below 1491.00 look for further downside with 1481.00 & 1472.00 as targets...
Pivot (invalidation): 2847.00 Our preference Long positions above 2847.00 with targets at 2913.00 & 2935.00 in extension. Alternative scenario Below 2847.00 look for further downside with 2822.00 & 2805.00 as targets...
Pivot (invalidation): 11570.00 Our preference Long positions above 11570.00 with targets at 11745.00 & 11870.00 in extension. Alternative scenario Below 11570.00 look for further downside with 11485.00 & 11380.00 as targets...
Pivot (invalidation): 5.5000 Our preference Short positions below 5.5000 with targets at 5.4680 & 5.4500 in extension. Alternative scenario Above 5.5000 look for further upside with 5.5170 & 5.5320 as targets...
Pivot (invalidation): 0.6745 Our preference Long positions above 0.6745 with targets at 0.6800 & 0.6820 in extension. Alternative scenario Below 0.6745 look for further downside with 0.6720 & 0.6700 as targets...
Pivot (invalidation): 1.3315 Our preference Short positions below 1.3315 with targets at 1.3265 & 1.3235 in extension. Alternative scenario Above 1.3315 look for further upside with 1.3340 & 1.3360 as targets...
Pivot (invalidation): 0.9725 Our preference Long positions above 0.9725 with targets at 0.9770 & 0.9795 in extension. Alternative scenario Below 0.9725 look for further downside with 0.9695 & 0.9655 as targets...
Pivot (invalidation): 105.90 Our preference Long positions above 105.90 with targets at 106.60 & 107.00 in extension. Alternative scenario Below 105.90 look for further downside with 105.45 & 105.05 as targets...
Pivot (invalidation): 1.2150 Our preference Long positions above 1.2150 with targets at 1.2190 & 1.2210 in extension. Alternative scenario Below 1.2150 look for further downside with 1.2135 & 1.2120 as targets...
Pivot (invalidation): 1.1235 Our preference Short positions below 1.1235 with targets at 1.1180 & 1.1155 in extension. Alternative scenario Above 1.1235 look for further upside with 1.1265 & 1.1285 as targets...
The price behaved just as expected on the US dollar versus the Japanese yen currency pair, fulfilling the drop to 105.80 (the actual extension goes to 105.50) via the false break of the triple resistance area - see article. Of course, the question of the now is which is the next step...
I'm really new to cryptocurrency trading, trading on demo account still in early stage of learning. I want to see if my trading and analysis approach can be applied on crypto as well. My short term idea for BTC/USD is: 1. Sell around 12303.26, cut loss if the level is broken. ------ or ------ 2...
The New Zealand dollar tumbled more than 1.8% during the Asian session amid a bigger-than-expected rate cut from the Reserve Bank of New Zealand. The Kiwi fell as much as 180pips to 0...
Speculation is now a fact: the Swiss National Bank is actively intervening on the market since mid-July to stabilize the currency...
USDCAD strengthens on further price rally following its Tuesday gain. This development leaves risk of more gain on the cards. Support comes in at the 1.3300 level where a break will aim at the 1.3250 level. Further down, support comes in at the 1.3200 level where a turn lower may occur...
