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The yen fell on Tuesday after the decision of the Bank of Japan to maintain its current monetary policy unchanged. The Bank of Japan retained the key short-term rate at the level of -0.1% and the zero target level of 10-year government bonds yield...
EURUSD SELL-1.17109 SL-1.17497 TP1-1.16924 TP2-1.16711 GBPUSD SELL-1.31327 SL-1.31661 TP1-31110 TP2-1.30896 AUDUSD SELL-0.74175 SL-0.74504 TP1-0.74028 TP2-0.73867 NZDUSD SELL-0.68156 SL-0.68481 TP1-0.67974 TP2-0.67797 USDJPY BUY -111.395 SL-111.022 TP1-111.622 TP2-111.806 USDCHF BUY -0.98856 SL-0...
Pivot (invalidation): 8250 Our preference Short positions below 8250 with targets at 8035 & 7945 in extension. Alternative scenario Above 8250 look for further upside with 8360 & 8495 as targets...
Pivot (invalidation): 69.55 Our preference Long positions above 69.55 with targets at 70.65 & 71.20 in extension. Alternative scenario Below 69.55 look for further downside with 68.80 & 68.25 as targets...
Pivot (invalidation): 15.3700 Our preference Long positions above 15.3700 with targets at 15.5800 & 15.6700 in extension. Alternative scenario Below 15.3700 look for further downside with 15.3000 & 15.2300 as targets...
Pivot (invalidation): 1219.00 Our preference Long positions above 1219.00 with targets at 1225.00 & 1227.50 in extension. Alternative scenario Below 1219.00 look for further downside with 1217.25 & 1215.50 as targets...
Pivot (invalidation): 1.1585 Our preference Short positions below 1.1585 with targets at 1.1550 & 1.1535 in extension. Alternative scenario Above 1.1585 look for further upside with 1.1605 & 1.1620 as targets...
Pivot (invalidation): 0.8905 Our preference Long positions above 0.8905 with targets at 0.8935 & 0.8945 in extension. Alternative scenario Below 0.8905 look for further downside with 0.8895 & 0.8880 as targets...
Pivot (invalidation): 0.7400 Our preference Long positions above 0.7400 with targets at 0.7430 & 0.7445 in extension. Alternative scenario Below 0.7400 look for further downside with 0.7385 & 0.7370 as targets...
Pivot (invalidation): 1.3020 Our preference Long positions above 1.3020 with targets at 1.3080 & 1.3110 in extension. Alternative scenario Below 1.3020 look for further downside with 1.2990 & 1.2960 as targets...
Pivot (invalidation): 0.9900 Our preference Short positions below 0.9900 with targets at 0.9860 & 0.9840 in extension. Alternative scenario Above 0.9900 look for further upside with 0.9915 & 0.9935 as targets...
Pivot (invalidation): 110.90 Our preference Long positions above 110.90 with targets at 111.25 & 111.40 in extension. Alternative scenario Below 110.90 look for further downside with 110.75 & 110.60 as targets...
Pivot (invalidation): 1.3140 Our preference Short positions below 1.3140 with targets at 1.3095 & 1.3080 in extension. Alternative scenario Above 1.3140 look for further upside with 1.3155 & 1.3175 as targets...
Pivot (invalidation): 1.1690 Our preference Long positions above 1.1690 with targets at 1.1720 & 1.1740 in extension. Alternative scenario Below 1.1690 look for further downside with 1.1665 & 1.1645 as targets...
USDCHF: The pair saw a price weakness during early trading on Monday opening the door for more correction. On the downside, support lies at the 0.9900 level. A turn below here will open the door for more weakness towards the 0.9850 level and then the 0.9800 level...
US second quarter GDP growth estimates at 4.10% (expected: 4.20%) annualized q/q from 2% previously, its fastest pace in four years. The strong US growth numbers in Q2 are mainly explained by Trump’s USD 1...
US and Asian stocks market were in risk-off mode recently as central bank decisions are approaching and despite impressive growth numbers from the US economy. The dollar index is falling while US treasuries are declining following recent rise on Friday...
Pivot (invalidation): 7990 Our preference Long positions above 7990 with targets at 8330 & 8500 in extension. Alternative scenario Below 7990 look for further downside with 7795 & 7600 as targets...
Pivot (invalidation): 69.25 Our preference Short positions below 69.25 with targets at 68.70 & 68.25 in extension. Alternative scenario Above 69.25 look for further upside with 69.70 & 69.90 as targets...
