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Pivot (invalidation): 110.60 Our preference Short positions below 110.60 with targets at 110.10 & 109.90 in extension. Alternative scenario Above 110.60 look for further upside with 110.80 & 110.95 as targets...
Pivot (invalidation): 1.2830 Our preference Short positions below 1.2830 with targets at 1.2770 & 1.2740 in extension. Alternative scenario Above 1.2830 look for further upside with 1.2850 & 1.2875 as targets...
Pivot (invalidation): 1.1270 Our preference Long positions above 1.1270 with targets at 1.1310 & 1.1325 in extension. Alternative scenario Below 1.1270 look for further downside with 1.1245 & 1.1230 as targets...
A bullish engulfing pattern occurs in the candlestick chart of a currency pair when a large bull candlestick fully engulfs a smaller bear candlestick from the period before. This pattern during a downtrend is thought to signal the beginning of a bullish trend...
GBPUSD weakens on further bear pressure following its Wednesday losses. Support sits at 1.2750 level. Further down, support comes in at the 1.2700 level where a break will turn focus to the 1.2650 level. Further down, support lies at the 1.2600 level...
Markets are watching geopolitics closely, especially the China/US trade conflict. Meanwhile, the US Federal Reserve Bank has entered “wait-and-see” mode on monetary policy and will maintain as long as economic indicators stall. US headline inflation in January eased to 1...
Brexit deadlock remains. Will Prime Minister Theresa May maintain political support and win concessions from the EU? We’ll see at the next vote, scheduled for 27 February. We expect GBP/USD to decline further as Brexit fatigue weighs on traders. Currently trading at 1...
There is a massive amount of articles, movie tutorials, tutorials, guides and, of course, novels which help know the functioning of the Forex Market, and teaching you how to act concerning each scenario...
Pivot (invalidation): 53.60 Our preference Long positions above 53.60 with targets at 54.60 & 54.90 in extension. Alternative scenario Below 53.60 look for further downside with 53.25 & 52.95 as targets...
Pivot (invalidation): 15.6600 Our preference Short positions below 15.6600 with targets at 15.5700 & 15.5200 in extension. Alternative scenario Above 15.6600 look for further upside with 15.7100 & 15.7600 as targets...
Pivot (invalidation): 1310.50 Our preference Short positions below 1310.50 with targets at 1306.75 & 1304.75 in extension. Alternative scenario Above 1310.50 look for further upside with 1312.50 & 1315.50 as targets...
Pivot (invalidation): 2740.00 Our preference Long positions above 2740.00 with targets at 2765.00 & 2790.00 in extension. Alternative scenario Below 2740.00 look for further downside with 2723.00 & 2710.00 as targets...
Pivot (invalidation): 11115.00 Our preference Long positions above 11115.00 with targets at 11280.00 & 11330.00 in extension. Alternative scenario Below 11115.00 look for further downside with 11040.00 & 10970.00 as targets...
Pivot (invalidation): 5.2680 Our preference Long positions above 5.2680 with targets at 5.2960 & 5.3100 in extension. Alternative scenario Below 5.2680 look for further downside with 5.2420 & 5.2300 as targets...
Pivot (invalidation): 0.7080 Our preference Long positions above 0.7080 with targets at 0.7135 & 0.7150 in extension. Alternative scenario Below 0.7080 look for further downside with 0.7065 & 0.7050 as targets...
Pivot (invalidation): 1.3230 Our preference Long positions above 1.3230 with targets at 1.3275 & 1.3305 in extension. Alternative scenario Below 1.3230 look for further downside with 1.3210 & 1.3190 as targets...
Pivot (invalidation): 1.0060 Our preference Long positions above 1.0060 with targets at 1.0095 & 1.0110 in extension. Alternative scenario Below 1.0060 look for further downside with 1.0035 & 1.0020 as targets...
Pivot (invalidation): 110.85 Our preference Long positions above 110.85 with targets at 111.25 & 111.45 in extension. Alternative scenario Below 110.85 look for further downside with 110.65 & 110.50 as targets...
Pivot (invalidation): 1.2885 Our preference Short positions below 1.2885 with targets at 1.2840 & 1.2810 in extension. Alternative scenario Above 1.2885 look for further upside with 1.2905 & 1.2925 as targets...
