Pivot (invalidation): 1.3105 Our preference Short positions below 1.3105 with targets at 1.3060 & 1.3040 in extension. Alternative scenario...
Pivot (invalidation): 1.1110 Our preference Long positions above 1.1110 with targets at 1.1140 & 1.1155 in extension. Alternative scenario...
EURUSD with the pair continuing to reject higher prices and declining on Wednesday, more decline is envisaged in the days ahead. Resistance comes in at the 1.1150 where a break will turn risk to the 1.1200 level. A breach below here will target the 1.1250 level...
Local students sometimes ask me, generally they are beginners in forex, asking about price movements that run on charts. Basic philosophy - Because no matter how good a boxer is, they still needs a good coach...
Pivot (invalidation): 60.35 Our preference Long positions above 60.35 with targets at 61.00 & 61.20 in extension. Alternative scenario...
Pivot (invalidation): 16.9300 Our preference Long positions above 16.9300 with targets at 17.1100 & 17.2000 in extension. Alternative scenario...
Pivot (invalidation): 1473.50 Our preference Long positions above 1473.50 with targets at 1480.50 & 1484.00 in extension. Alternative scenario...
Pivot (invalidation): 3167.00 Our preference Long positions above 3167.00 with targets at 3210.00 & 3225.00 in extension. Alternative scenario...
Pivot (invalidation): 13255.00 Our preference Long positions above 13255.00 with targets at 13365.00 & 13425.00 in extension. Alternative scenario...
Pivot (invalidation): 5.8660 Our preference Long positions above 5.8660 with targets at 5.9000 & 5.9120 in extension. Alternative scenario...
Pivot (invalidation): 0.6860 Our preference Short positions below 0.6860 with targets at 0.6835 & 0.6820 in extension. Alternative scenario...
Pivot (invalidation): 1.3145 Our preference Long positions above 1.3145 with targets at 1.3185 & 1.3200 in extension. Alternative scenario...
Pivot (invalidation): 0.9815 Our preference Short positions below 0.9815 with targets at 0.9790 & 0.9775 in extension. Alternative scenario...
Pivot (invalidation): 109.55 Our preference Short positions below 109.55 with targets at 109.25 & 109.10 in extension. Alternative scenario...
Pivot (invalidation): 1.3150 Our preference Short positions below 1.3150 with targets at 1.3040 & 1.3000 in extension. Alternative scenario...
Pivot (invalidation): 1.1155 Our preference Short positions below 1.1155 with targets at 1.1120 & 1.1110 in extension. Alternative scenario...
GBPUSD continues look more weakness after tumbling lower on sell off during Tuesday trading session. Support lies at 1.3100 area with a break below that level turning focus to the 1.3050 level. Further down, support comes in the 1.3000 level where a violation will shift focus to the 1.2950 level...
Pivot (invalidation): 59.90 Our preference Long positions above 59.90 with targets at 60.50 & 60.80 in extension. Alternative scenario...
Pivot (invalidation): 16.9400 Our preference Long positions above 16.9400 with targets at 17.1100 & 17.1700 in extension. Alternative scenario...