All Blogs
GBPUSD turns lower on more bearishness following its recent weakness. Support lies at 1.2600 as it looks for more weakness. Below that level will turn attention to the 1.2550 level. Further down, support comes in at the 1.2500 level where a break will turn focus to the 1.2450 level...
The New Zealand dollar was the worst performer amongst the G10 complex following an unexpected slump in Manufacturing PMI. NZD/USD fell as much as 0.63% to 0.6528 after Business Manufacturing PMI came in at 50.2 versus 53 median forecast and 52.7 in the previous month...
Overall risk sentiment remains weak after reports of attacks on two oil tankers in the Gulf of Oman. US equity markets closed higher due to rally in energy stocks, US yields fell, while oil and gold prices bounced. Classic safe-haven flows...
Pivot (invalidation): 52.90 Our preference Short positions below 52.90 with targets at 51.70 & 50.90 in extension. Alternative scenario Above 52.90 look for further upside with 53.45 & 54.00 as targets...
Pivot (invalidation): 14.8400 Our preference Long positions above 14.8400 with targets at 15.0300 & 15.1400 in extension. Alternative scenario Below 14.8400 look for further downside with 14.7600 & 14.7100 as targets...
Pivot (invalidation): 1340.50 Our preference Long positions above 1340.50 with targets at 1351.50 & 1356.00 in extension. Alternative scenario Below 1340.50 look for further downside with 1335.00 & 1331.50 as targets...
Pivot (invalidation): 2871.50 Our preference Long positions above 2871.50 with targets at 2910.00 & 2935.00 in extension. Alternative scenario Below 2871.50 look for further downside with 2851.50 & 2823.00 as targets...
Pivot (invalidation): 12070.00 Our preference Long positions above 12070.00 with targets at 12230.00 & 12320.00 in extension. Alternative scenario Below 12070.00 look for further downside with 11950.00 & 11900.00 as targets...
Pivot (invalidation): 5.8530 Our preference Long positions above 5.8530 with targets at 5.9060 & 5.9440 in extension. Alternative scenario Below 5.8530 look for further downside with 5.8160 & 5.7880 as targets...
Pivot (invalidation): 0.6920 Our preference Short positions below 0.6920 with targets at 0.6875 & 0.6850 in extension. Alternative scenario Above 0.6920 look for further upside with 0.6935 & 0.6950 as targets...
Pivot (invalidation): 1.3315 Our preference Long positions above 1.3315 with targets at 1.3360 & 1.3380 in extension. Alternative scenario Below 1.3315 look for further downside with 1.3295 & 1.3270 as targets...
Pivot (invalidation): 0.9945 Our preference Short positions below 0.9945 with targets at 0.9915 & 0.9900 in extension. Alternative scenario Above 0.9945 look for further upside with 0.9960 & 0.9975 as targets...
Pivot (invalidation): 108.55 Our preference Short positions below 108.55 with targets at 108.15 & 107.95 in extension. Alternative scenario Above 108.55 look for further upside with 108.70 & 108.80 as targets...
Pivot (invalidation): 1.2690 Our preference Short positions below 1.2690 with targets at 1.2665 & 1.2650 in extension. Alternative scenario Above 1.2690 look for further upside with 1.2705 & 1.2715 as targets...
Pivot (invalidation): 1.1290 Our preference Short positions below 1.1290 with targets at 1.1265 & 1.1250 in extension. Alternative scenario Above 1.1290 look for further upside with 1.1305 & 1.1325 as targets...
Where EURGBP will go? Facts: We are in between major support and resistance that have touched twice on each one. 1. High Speed Index of 82.6 - Very high volume with small pip move...
Analyzing EJ 1H - Why it went down. 1. First high volume down wave - the highest down wave of the last four days + a High Speed Index of 31.6 2. Yellow rectangle - ranging - with various Speed Index values - Do we get an idea of what is going to happen next ? No clue !!! Just wait for the move! 3...
On the 4-hour chart, the instrument trades within a sideways channel formed by the boundaries of Bollinger bands, the indicator cloud narrows. The MACD histogram is in the positive area, the signal line crosses the zero line upwards, forming a signal to open long positions...
EURUSD rejects higher prices with eyes on 1.1200 level in the days ahead. Support comes in at the 1.1250 where a violation will turn risk to the 1.1200 level. A break below here will target the 1.1150 level. Further down, support sits at the 1.1100...
Product Comparison CAP Zone Recovery EA Our main product is CAP Zone Recovery EA PRO Another product is CAP Zone Recovery EA BUILDER Main difference between two product is only Initial Trade Type...
