Pivot (invalidation): 111.90 Our preference Long positions above 111.90 with targets at 112.35 & 112.55 in extension. Alternative scenario Below 111.90 look for further downside with 111.60 & 111.30 as targets...
Pivot (invalidation): 1.3150 Our preference Short positions below 1.3150 with targets at 1.3065 & 1.3030 in extension. Alternative scenario Above 1.3150 look for further upside with 1.3185 & 1.3225 as targets...
Pivot (invalidation): 1.1570 Our preference Short positions below 1.1570 with targets at 1.1535 & 1.1515 in extension. Alternative scenario Above 1.1570 look for further upside with 1.1590 & 1.1610 as targets...
Hello traders, greetings. This is actual Support and Resistance on GBPUSD. People who understand how SR Strategy works, then they could get the benefit from this picture...
Long Range is a low risk system designed for stable and consistent trading. It is a breakout system that takes its entry around swing high and swing lows with a potential high reward per low risk...
First, a review of last week’s events: - EUR/USD. The US market sees a continuing correction, which leads to a weaker dollar. On Thursday, October 11, the US stock index S&P500 lost the next 2%, causing investors to get rid of dollar assets...
Pivot (invalidation): 71.85 Our preference Short positions below 71.85 with targets at 70.50 & 70.00 in extension. Alternative scenario Above 71.85 look for further upside with 72.60 & 73.30 as targets...
Pivot (invalidation): 14.4700 Our preference Long positions above 14.4700 with targets at 14.6200 & 14.7100 in extension. Alternative scenario Below 14.4700 look for further downside with 14.3800 & 14.3100 as targets...
Pivot (invalidation): 1214.50 Our preference Long positions above 1214.50 with targets at 1228.50 & 1235.00 in extension. Alternative scenario Below 1214.50 look for further downside with 1205.50 & 1200.00 as targets...
Pivot (invalidation): 2785.00 Our preference Short positions below 2785.00 with targets at 2710.00 & 2665.00 in extension. Alternative scenario Above 2785.00 look for further upside with 2810.00 & 2831.25 as targets...
Pivot (invalidation): 11700.00 Our preference Short positions below 11700.00 with targets at 11390.00 & 11210.00 in extension. Alternative scenario Above 11700.00 look for further upside with 11900.00 & 12000.00 as targets...
Pivot (invalidation): 6.0080 Our preference Short positions below 6.0080 with targets at 5.8620 & 5.8080 in extension. Alternative scenario Above 6.0080 look for further upside with 6.0810 & 6.1330 as targets...
Pivot (invalidation): 0.7100 Our preference Long positions above 0.7100 with targets at 0.7130 & 0.7150 in extension. Alternative scenario Below 0.7100 look for further downside with 0.7080 & 0.7065 as targets...
Pivot (invalidation): 1.3010 Our preference Long positions above 1.3010 with targets at 1.3050 & 1.3070 in extension. Alternative scenario Below 1.3010 look for further downside with 1.2980 & 1.2955 as targets...
Pivot (invalidation): 0.9880 Our preference Long positions above 0.9880 with targets at 0.9920 & 0.9935 in extension. Alternative scenario Below 0.9880 look for further downside with 0.9865 & 0.9850 as targets...
Pivot (invalidation): 112.00 Our preference Long positions above 112.00 with targets at 112.55 & 112.85 in extension. Alternative scenario Below 112.00 look for further downside with 111.80 & 111.55 as targets...
Pivot (invalidation): 1.3185 Our preference Long positions above 1.3185 with targets at 1.3245 & 1.3300 in extension. Alternative scenario Below 1.3185 look for further downside with 1.3130 & 1.3100 as targets...
Pivot (invalidation): 1.1575 Our preference Long positions above 1.1575 with targets at 1.1625 & 1.1650 in extension. Alternative scenario Below 1.1575 look for further downside with 1.1545 & 1.1515 as targets...
A recent statement from EU chief negotiator Michel Barnier says an agreement could be reached by next Wednesday: this pushed the British pound higher. According to Barnier, 85% of the divorce is already agreed. Nevertheless, optimism might be short-lived as further uncertainty is coming...
