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USD/CHF has completely collapsed last week as it fell as much as 2.60%, sliding from 1.0015 to 0.9755, following the Jerome Powell’s dovish performance during the last FOMC press conference...
Pivot (invalidation): 57.05 Our preference Long positions above 57.05 with targets at 58.50 & 59.20 in extension. Alternative scenario Below 57.05 look for further downside with 56.60 & 56.10 as targets...
Pivot (invalidation): 15.2200 Our preference Long positions above 15.2200 with targets at 15.5500 & 15.6600 in extension. Alternative scenario Below 15.2200 look for further downside with 15.1200 & 15.0500 as targets...
Pivot (invalidation): 1393.00 Our preference Long positions above 1393.00 with targets at 1419.00 & 1430.00 in extension. Alternative scenario Below 1393.00 look for further downside with 1382.50 & 1377.00 as targets...
Pivot (invalidation): 2930.00 Our preference Long positions above 2930.00 with targets at 2973.00 & 2990.00 in extension. Alternative scenario Below 2930.00 look for further downside with 2910.00 & 2897.00 as targets...
Pivot (invalidation): 12440.00 Our preference Short positions below 12440.00 with targets at 12300.00 & 12220.00 in extension. Alternative scenario Above 12440.00 look for further upside with 12540.00 & 12610.00 as targets...
Pivot (invalidation): 5.7930 Our preference Short positions below 5.7930 with targets at 5.7230 & 5.7000 in extension. Alternative scenario Above 5.7930 look for further upside with 5.8380 & 5.8850 as targets...
Pivot (invalidation): 0.6925 Our preference Long positions above 0.6925 with targets at 0.6975 & 0.7000 in extension. Alternative scenario Below 0.6925 look for further downside with 0.6905 & 0.6885 as targets...
Pivot (invalidation): 1.3225 Our preference Short positions below 1.3225 with targets at 1.3180 & 1.3155 in extension. Alternative scenario Above 1.3225 look for further upside with 1.3255 & 1.3285 as targets...
Pivot (invalidation): 0.9795 Our preference Short positions below 0.9795 with targets at 0.9730 & 0.9690 in extension. Alternative scenario Above 0.9795 look for further upside with 0.9835 & 0.9870 as targets...
Pivot (invalidation): 107.45 Our preference Short positions below 107.45 with targets at 107.20 & 107.00 in extension. Alternative scenario Above 107.45 look for further upside with 107.70 & 107.85 as targets...
Pivot (invalidation): 1.2710 Our preference Long positions above 1.2710 with targets at 1.2760 & 1.2790 in extension. Alternative scenario Below 1.2710 look for further downside with 1.2670 & 1.2640 as targets...
Pivot (invalidation): 1.1355 Our preference Long positions above 1.1355 with targets at 1.1400 & 1.1420 in extension. Alternative scenario Below 1.1355 look for further downside with 1.1335 & 1.1310 as targets...
EURCAD this is why turned bullish. 1. Hit Support from Daily 2. Enormous SI 47.3 (nothing like that on down moves on the entire chart) and volume trying to reach Support for a second time - (too much volume - small pip move) 3. Breaking 1H resistance and Fib confirms bullishness...
Is AUDUSD 1H keep going UP or Reverse on Fib? Let's read the market. 1. Highest volume wave of the last 13 days. 2. Fib Area 1 reached and found sellers SIs:21.9 and 21.8 3. First Bearish wave with volume, but 4. Fib Area 2 reached...
EURUSD eyes further upside pressure on bull pressure as we enter a new week. Support comes in at the 1.1300 where a violation will turn risk to the 1.1250 level. A break below here will target the 1.1200 level. Further down, support sits at the 1.1150...
Signal Strength Meter - User Manual This is a manual about how the Signal Strength Meter works, and how it could be used for trading...
When i blew up my first trading account, the first thing i did was to google this; "how to recover after blowing up a trading account...
USDCHF tumbles lower on bearishness with more weakness expected in the new week. Resistance resides at the 0.9800 level. Above here, resistance lies at the 0.9850 level and then the 0.9900 level. Further out, resistance comes in at the 0.9950 level. On the downside, support is seen at the 0...
