Pivot (invalidation): 1.2930 Our preference Short positions below 1.2930 with targets at 1.2900 & 1.2880 in extension. Alternative scenario...
Pivot (invalidation): 1.1028 Our preference Short positions below 1.1028 with targets at 1.1010 & 1.1000 in extension. Alternative scenario...
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EURUSD with the pair continuing to retain its downside pressure, more decline is expected though with caution of recovery. Resistance comes in at the 1.1050 where a break will turn risk to the 1.1100 level. A breach below here will target the 1.1200 level. Further up, resistance stands at the 1...
Citi discusses the GBP outlook around the possible different outcome of the Dec-12 UK elections. " An outright Conservative majority would likely see PM Johnson being able to pass his Brexit deal as the base case outcome before year-end (likely sterling bullish...
First, a review of last week’s events: - EUR/USD. it looks like the thanksgiving celebration in the US started not in Thursday 28 November, but as early as on Monday 25...
GBPUSD with the pair continuing to target higher prices, move gain is expected towards the 1.2984 resistance zone. Support lies at 1.2950 area with a break below that level turning focus to the 1.2900 level. Further down, support comes in the 1...
We always hear from the best traders that we should trade in the direction of the market. They tell us: if market is up buy the dips , if market is down sell the rallies. But how can we identify market trends? What is the market trend? (Bullish trend , bearish trend or range...
Pivot (invalidation): 57.80 Our preference Long positions above 57.80 with targets at 58.30 & 58.45 in extension. Alternative scenario...
Pivot (invalidation): 16.8800 Our preference Long positions above 16.8800 with targets at 17.0400 & 17.1100 in extension. Alternative scenario...
Pivot (invalidation): 3142.00 Our preference Long positions above 3142.00 with targets at 3160.00 & 3172.00 in extension. Alternative scenario...
Pivot (invalidation): 1455.00 Our preference Long positions above 1455.00 with targets at 1460.00 & 1462.50 in extension. Alternative scenario...
Pivot (invalidation): 13260.00 Our preference Short positions below 13260.00 with targets at 13190.00 & 13160.00 in extension. Alternative scenario...
Pivot (invalidation): 5.7700 Our preference Short positions below 5.7700 with targets at 5.7470 & 5.7310 in extension. Alternative scenario...
Pivot (invalidation): 0.6775 Our preference Short positions below 0.6775 with targets at 0.6755 & 0.6745 in extension. Alternative scenario...
Pivot (invalidation): 1.3300 Our preference Short positions below 1.3300 with targets at 1.3275 & 1.3260 in extension. Alternative scenario...
Pivot (invalidation): 0.9970 Our preference Long positions above 0.9970 with targets at 1.0000 & 1.0015 in extension. Alternative scenario...
Pivot (invalidation): 109.35 Our preference Long positions above 109.35 with targets at 109.60 & 109.75 in extension. Alternative scenario...
Pivot (invalidation): 1.2925 Our preference Short positions below 1.2925 with targets at 1.2900 & 1.2885 in extension. Alternative scenario...
