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Pivot (invalidation): 1.1255 Our preference Long positions above 1.1255 with targets at 1.1285 & 1.1305 in extension. Alternative scenario Below 1.1255 look for further downside with 1.1240 & 1.1225 as targets...
EURUSD eyes further recovery short term as it looks to extend gain in the new week. Support comes in at the 1.1200 where a violation will turn risk to the 1.1150 level. A break below here will target the 1.1100 level. Further down, support sits at the 1.1050...
Bearish conditions that occur in the Weekly and Daily provide information on EUR / JPY weakness still ongoing. Opportunities to sell take advantage of bearish conditions taken when support has broken down on H4...
First, a review of last week’s events: - EUR/USD. Recall that 60% of experts named the zone 1.1100-1.1185 as a local bottom. As for the remaining 40%, in their opinion, support 1.1185 should have become an insurmountable obstacle, after which analysts had expected the pair to return to {1level 1...
Driven by expectations for rate cuts following dovish testimony to Congress from Federal Reserve Chair Jay Powell, the S&P 500 is at a record high...
USDCHF bear pressure set to extend lower in the new week. Resistance resides at the 0.9900 level. Above here, resistance lies at the 0.9950 level and then the 1.0000 level. Further out, resistance comes in at the 1.0050 level. On the downside, support is seen at the 0...
The US dollar fell for a third straight day on Friday. The effects of Fed Chair Powell testimony before the Congress on Wednesday continued to be felt. Amongst the G10 complex, the buck felt the most against commodity currencies such as the Aussie (-0.36%), the Kiwi (-0.35%) and the Loonie (-0...
.Pivot (invalidation): 60.15 Our preference Long positions above 60.15 with targets at 60.90 & 61.60 in extension. Alternative scenario Below 60.15 look for further downside with 59.65 & 59.10 as targets...
Pivot (invalidation): 15.1800 Our preference Short positions below 15.1800 with targets at 15.0700 & 14.9800 in extension. Alternative scenario Above 15.1800 look for further upside with 15.2400 & 15.3100 as targets...
Pivot (invalidation): 1412.00 Our preference Short positions below 1412.00 with targets at 1403.50 & 1400.50 in extension. Alternative scenario Above 1412.00 look for further upside with 1419.00 & 1424.00 as targets...
Pivot (invalidation): 2984.50 Our preference Long positions above 2984.50 with targets at 3003.00 & 3018.00 in extension. Alternative scenario Below 2984.50 look for further downside with 2973.00 & 2963.00 as targets...
Pivot (invalidation): 12400.00 Our preference Short positions below 12400.00 with targets at 12270.00 & 12200.00 in extension. Alternative scenario Above 12400.00 look for further upside with 12450.00 & 12490.00 as targets...
Pivot (invalidation): 5.6440 Our preference Long positions above 5.6440 with targets at 5.7170 & 5.7400 in extension. Alternative scenario Below 5.6440 look for further downside with 5.6190 & 5.5880 as targets...
Pivot (invalidation): 0.6970 Our preference Long positions above 0.6970 with targets at 0.7000 & 0.7015 in extension. Alternative scenario Below 0.6970 look for further downside with 0.6955 & 0.6940 as targets...
Pivot (invalidation): 1.3060 Our preference Short positions below 1.3060 with targets at 1.3030 & 1.3000 in extension. Alternative scenario Above 1.3060 look for further upside with 1.3075 & 1.3090 as targets...
Pivot (invalidation): 0.9875 Our preference Long positions above 0.9875 with targets at 0.9910 & 0.9925 in extension. Alternative scenario Below 0.9875 look for further downside with 0.9860 & 0.9840 as targets...
Pivot (invalidation): 108.20 Our preference Long positions above 108.20 with targets at 108.60 & 108.75 in extension. Alternative scenario Below 108.20 look for further downside with 108.00 & 107.85 as targets...
Pivot (invalidation): 1.2520 Our preference Long positions above 1.2520 with targets at 1.2555 & 1.2570 in extension. Alternative scenario Below 1.2520 look for further downside with 1.2505 & 1.2490 as targets...
