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LINK TO THE UTOPIA - THE ALL IN ONE EXPERT ADVISER https://www.mql5.com/en/market/product/38264 UTOPIA - THE ALL IN ONE EXPERT ADVISER INPUT DETAILS...
As expected by many market participants, at the last Wednesday meeting, the Bank of Canada kept the current monetary policy and key interest rate unchanged at 1.75%. "The recent escalation of the trade conflict has increased uncertainty regarding economic prospects", the central bank said...
The trend in USD/CAD has been quite dull since last month Fed meeting. The pair has remained within the range of 1.35 – 1.34 (+0.40% month-to-date) despite acceleration in trade war headlines...
On Wednesday morning, the Swiss franc and the Japanese yen were the only currency to gain ground against the greenback as investors fled from risky assets amid heightened tensions between the US and China. USD/CHF erased partially yesterday gains as it returned towards parity, down 0.20% to 1...
Pivot (invalidation): 59.10 Our preference Short positions below 59.10 with targets at 58.20 & 57.85 in extension. Alternative scenario Above 59.10 look for further upside with 59.55 & 59.90 as targets...
Pivot (invalidation): 14.4000 Our preference Short positions below 14.4000 with targets at 14.3100 & 14.2800 in extension. Alternative scenario Above 14.4000 look for further upside with 14.4600 & 14.5200 as targets...
Pivot (invalidation): 1276.00 Our preference Long positions above 1276.00 with targets at 1285.00 & 1287.00 in extension. Alternative scenario Below 1276.00 look for further downside with 1272.50 & 1269.00 as targets...
Pivot (invalidation): 2825.25 Our preference Short positions below 2825.25 with targets at 2791.00 & 2770.75 in extension. Alternative scenario Above 2825.25 look for further upside with 2840.00 & 2851.50 as targets...
Pivot (invalidation): 11990.00 Our preference Long positions above 11990.00 with targets at 12090.00 & 12130.00 in extension. Alternative scenario Below 11990.00 look for further downside with 11953.00 & 11930.00 as targets...
Pivot (invalidation): 6.0230 Our preference Long positions above 6.0230 with targets at 6.0540 & 6.0820 in extension. Alternative scenario Below 6.0230 look for further downside with 6.0030 & 5.9880 as targets...
Pivot (invalidation): 0.6910 Our preference Long positions above 0.6910 with targets at 0.6940 & 0.6955 in extension. Alternative scenario Below 0.6910 look for further downside with 0.6900 & 0.6890 as targets...
Pivot (invalidation): 1.3470 Our preference Long positions above 1.3470 with targets at 1.3500 & 1.3520 in extension. Alternative scenario Below 1.3470 look for further downside with 1.3450 & 1.3430 as targets...
Pivot (invalidation): 1.0075 Our preference Short positions below 1.0075 with targets at 1.0050 & 1.0030 in extension. Alternative scenario Above 1.0075 look for further upside with 1.0095 & 1.0120 as targets...
Pivot (invalidation): 109.60 Our preference Short positions below 109.60 with targets at 109.20 & 109.00 in extension. Alternative scenario Above 109.60 look for further upside with 109.75 & 109.95 as targets...
Pivot (invalidation): 1.2670 Our preference Short positions below 1.2670 with targets at 1.2645 & 1.2625 in extension. Alternative scenario Above 1.2670 look for further upside with 1.2685 & 1.2700 as targets...
Pivot (invalidation): 1.1180 Our preference Short positions below 1.1180 with targets at 1.1150 & 1.1140 in extension. Alternative scenario Above 1.1180 look for further upside with 1.1195 & 1.1205 as targets...
EURJPY retains broader downside pressure with eyes on 122.00 level and beyond in the days ahead. Support comes in at the 121.50 level where a break if seen will aim at the 121.00 level. A cut through here will turn focus to the 120.50 level and possibly lower towards the 120.00 level...
The recent release of European elections results, although mostly feared by most investors, finally came in better than expected...
Despite the tense situation on the international stage, the latest batch of economic data from Switzerland surprised to the upside. However, the Swiss franc failed to catch any bid as it traded sideways against the greenback around 1.0040...
