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Pivot (invalidation): 1.3165 Our preference Short positions below 1.3165 with targets at 1.3105 & 1.3065 in extension. Alternative scenario Above 1.3165 look for further upside with 1.3200 & 1.3230 as targets...
Pivot (invalidation): 0.9950 Our preference Short positions below 0.9950 with targets at 0.9890 & 0.9870 in extension. Alternative scenario Above 0.9950 look for further upside with 0.9975 & 1.0005 as targets...
Pivot (invalidation): 111.60 Our preference Short positions below 111.60 with targets at 110.60 & 110.20 in extension. Alternative scenario Above 111.60 look for further upside with 112.15 & 112.50 as targets...
Pivot (invalidation): 1.3095 Our preference Long positions above 1.3095 with targets at 1.3180 & 1.3215 in extension. Alternative scenario Below 1.3095 look for further downside with 1.3050 & 1.3000 as targets...
Pivot (invalidation): 1.1720 Our preference Long positions above 1.1720 with targets at 1.1765 & 1.1785 in extension. Alternative scenario Below 1.1720 look for further downside with 1.1700 & 1.1670 as targets...
23.07.2018 EUR/USD (1.1728): The EUR/USD currency pair was seen closing near the previous resistance level of 1.1730 on Friday before slightly pulling back. The currency pair is expected to breakout from this resistance level in the near term if the bullish momentum continues...
EURUSD: The pair looks to extend its recovery triggered the past week in the new week. On the upside, resistance comes in at 1.1750 level with a cut through here opening the door for more upside towards the 1.1800 level. Further up, resistance lies at the 1...
First, a review of last week’s forecast: - EUR/USD. Recall that in the opinion of 80% of experts who were supported by graphical analysis on D 1, the pair was supposed to continue its descent to the horizon 1.1500...
USDJPY: The pair remains biased to the downside on further corrective weakness. On the downside, support lies at the 112.00 level where a break if seen will aim at the 111.50 level. A cut through here will turn focus to the 111.00 level and possibly lower towards the 110.50 level...
Opening the door for further trade relationships, the EU – Japan trade deal signed on Tuesday is providing a great message against protectionism...
The Chinese yuan printed a fresh multi-month low on Friday amid heighten worries about the stability of the Chinese economy and the potential negative effects of the trade war with the US. The offshore rate fell as much as 0.65% with USD/CNH climbing as high as 6.8367...
Pivot (invalidation): 7274 Our preference Long positions above 7274 with targets at 7861 & 7995 in extension. Alternative scenario Below 7274 look for further downside with 7048 & 6913 as targets...
Pivot (invalidation): 67.50 Our preference Long positions above 67.50 with targets at 68.80 & 69.15 in extension. Alternative scenario Below 67.50 look for further downside with 66.90 & 66.60 as targets...
Pivot (invalidation): 15.2200 Our preference Long positions above 15.2200 with targets at 15.3900 & 15.4600 in extension. Alternative scenario Below 15.2200 look for further downside with 15.1500 & 15.0800 as targets...
Pivot (invalidation): 1226.00 Our preference Short positions below 1226.00 with targets at 1211.00 & 1205.50 in extension. Alternative scenario Above 1226.00 look for further upside with 1233.00 & 1238.00 as targets...
Pivot (invalidation): 1.1622 Our preference Long positions above 1.1622 with targets at 1.1678 & 1.1690 in extension. Alternative scenario Below 1.1622 look for further downside with 1.1601 & 1.1588 as targets...
Pivot (invalidation): 0.8925 Our preference Long positions above 0.8925 with targets at 0.8965 & 0.8980 in extension. Alternative scenario Below 0.8925 look for further downside with 0.8900 & 0.8875 as targets...
Pivot (invalidation): 0.7375 Our preference Short positions below 0.7375 with targets at 0.7325 & 0.7295 in extension. Alternative scenario Above 0.7375 look for further upside with 0.7395 & 0.7420 as targets...
Pivot (invalidation): 1.3245 Our preference Long positions above 1.3245 with targets at 1.3290 & 1.3320 in extension. Alternative scenario Below 1.3245 look for further downside with 1.3220 & 1.3185 as targets...
