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USDJPY Rallies With Eyes On Key Resistance At 111.01 Level. USDJPY rallies with eyes on key resistance at 111.01 level. On the upside, resistance comes in at 111.50 level. Above this level will turn attention to the 112.00 level. Further out, we expect a possible move towards the 112.50 level...
The Swiss economy remains robust and Swiss companies are optimistic, with order backlogs, stable employment and high capacity utilization. Inflation was quiet in January, with headline consumer prices +0.60% and -0.30% in yearly and monthly terms. Overall prices advanced 0.50% annually (prior: 0...
Pivot (invalidation): 52.60 Our preference Short positions below 52.60 with targets at 51.70 & 51.30 in extension. Alternative scenario Above 52.60 look for further upside with 53.00 & 53.40 as targets...
Pivot (invalidation): 15.8400 Our preference Short positions below 15.8400 with targets at 15.6800 & 15.6200 in extension. Alternative scenario Above 15.8400 look for further upside with 15.9000 & 15.9900 as targets...
Pivot (invalidation): 1315.00 Our preference Short positions below 1315.00 with targets at 1308.00 & 1305.00 in extension. Alternative scenario Above 1315.00 look for further upside with 1317.00 & 1319.00 as targets...
Pivot (invalidation): 2682.00 Our preference Long positions above 2682.00 with targets at 2725.00 & 2740.00 in extension. Alternative scenario Below 2682.00 look for further downside with 2671.75 & 2651.50 as targets...
Pivot (invalidation): 10980.00 Our preference Short positions below 10980.00 with targets at 10850.00 & 10770.00 in extension. Alternative scenario Above 10980.00 look for further upside with 11090.00 & 11180.00 as targets...
Pivot (invalidation): 5.2380 Our preference Long positions above 5.2380 with targets at 5.2780 & 5.2960 in extension. Alternative scenario Below 5.2380 look for further downside with 5.2220 & 5.2060 as targets...
Pivot (invalidation): 0.7075 Our preference Long positions above 0.7075 with targets at 0.7120 & 0.7140 in extension. Alternative scenario Below 0.7075 look for further downside with 0.7055 & 0.7030 as targets...
Pivot (invalidation): 1.3305 Our preference Short positions below 1.3305 with targets at 1.3260 & 1.3230 in extension. Alternative scenario Above 1.3305 look for further upside with 1.3330 & 1.3355 as targets...
Pivot (invalidation): 1.0015 Our preference Short positions below 1.0015 with targets at 0.9985 & 0.9970 in extension. Alternative scenario Above 1.0015 look for further upside with 1.0030 & 1.0040 as targets...
Pivot (invalidation): 109.70 Our preference Long positions above 109.70 with targets at 110.10 & 110.30 in extension. Alternative scenario Below 109.70 look for further downside with 109.55 & 109.40 as targets...
Pivot (invalidation): 1.2960 Our preference Short positions below 1.2960 with targets at 1.2900 & 1.2875 in extension. Alternative scenario Above 1.2960 look for further upside with 1.2975 & 1.2995 as targets...
Pivot (invalidation): 1.1345 Our preference Short positions below 1.1345 with targets at 1.1300 & 1.1280 in extension. Alternative scenario Above 1.1345 look for further upside with 1.1360 & 1.1375 as targets...
EURUSD risk remains lower on further decline in the new week as it closed lower the past week. Support stands at the 1.1300 where a break will aim at the 1.1250 level. A break below here will target the 1.1200 level. Further down, support lies at the 1.1150. On the upside, resistance resides at 1...
PASR is a total method. It revolves around PRICE ACTION at SUPPORT and RESISTANCE. It is not just PRICE bouncing off SUPPORT and going to RESISTANCE or vice versa. It is about WATCHING what PRICE does at these important PRICE levels. Read this awesome topic on ForexFactory to learn more...
From the day that you decide make the move from a demo account to a live account, things change in ways that you could never really be fully prepared for. What is trading psychology...
UBS, which is a leading banking company hailing from Switzerland has decided that it is time to face the coming Brexit fallout ahead of time and completely withdraw from the island nation. The banking giant has been given the approval to take out more than EUR 32 billion out of the UK...
First, a review of last week’s events: - EUR/USD. One of the development scenarios, supported, however, by only 30% of experts, suggested a decline of the pair to the lower border of the medium-term side channel 1.1300-1.1500...
