Pivot (invalidation): 108.55 Our preference Long positions above 108.55 with targets at 108.90 & 109.05 in extension. Alternative scenario...
Pivot (invalidation): 1.2900 Our preference Short positions below 1.2900 with targets at 1.2860 & 1.2845 in extension. Alternative scenario...
Pivot (invalidation): 1.1135 Our preference Short positions below 1.1135 with targets at 1.1100 & 1.1080 in extension...
Dr. Elders describes the Triple Screen System in his book “Trading for Living.” This system gained popularity among professional and beginners. The system relies on cornerstone truth, that trader’s mind often time-bounded, so the one cannot see the whole market picture...
NZDUSD the pair closed lower on Monday opening the door for more decline. Support lies at the 0.6350 level where a break will turn attention to the 0.6300 level. A break of here will have to happen to create scope for a move higher towards the 0.6250 level...
Pivot (invalidation): 55.60 Our preference Long positions above 55.60 with targets at 56.40 & 56.90 in extension. Alternative scenario...
Pivot (invalidation): 17.9900 Our preference Long positions above 17.9900 with targets at 18.2500 & 18.3200 in extension. Alternative scenario...
Pivot (invalidation): 1507.00 Our preference Long positions above 1507.00 with targets at 1516.00 & 1519.50 in extension. Alternative scenario...
Pivot (invalidation): 3050.00 Our preference Long positions above 3050.00 with targets at 3075.00 & 3086.00 in extension. Alternative scenario...
Pivot (invalidation): 12900.00 Our preference Long positions above 12900.00 with targets at 12990.00 & 13030.00 in extension. Alternative scenario...
Pivot (invalidation): 5.7200 Our preference Short positions below 5.7200 with targets at 5.6790 & 5.6620 in extension. Alternative scenario...
Pivot (invalidation): 0.6900 Our preference Long positions above 0.6900 with targets at 0.6930 & 0.6960 in extension. Alternative scenario...
Pivot (invalidation): 1.3160 Our preference Short positions below 1.3160 with targets at 1.3115 & 1.3095 in extension. Alternative scenario...
Pivot (invalidation): 0.9870 Our preference Short positions below 0.9870 with targets at 0.9845 & 0.9830 in extension. Alternative scenario...
Pivot (invalidation): 108.05 Our preference Long positions above 108.05 with targets at 108.30 & 108.45 in extension. Alternative scenario...
Pivot (invalidation): 1.2955 Our preference Short positions below 1.2955 with targets at 1.2925 & 1.2910 in extension. Alternative scenario...
Pivot (invalidation): 1.1155 Our preference Long positions above 1.1155 with targets at 1.1185 & 1.1200 in extension. Alternative scenario...
USDCHF with the pair seen extending its losses on Friday, more decline is expected in the days ahead. Resistance comes in at the 0.9900 level. Above here, resistance lies at the 0.9950 level and then the 1.0000 level. Further out, resistance stands at the 1.0050 level...
