USDJPY faces further price weakness despite its price hesitation on Tuesday. On the upside, resistance comes in at 109.00 level. Above this level will turn attention to the 109.50 level. Further out, we expect a possible move towards the 110...
Setup 1Hour Chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) This is Why AUDUSD Bounced on 4HR Fib: Fib Area coming from 4HR chart...
The near terms verdict is that OPEC+ reduction in crude oil output will keep the price supported (wti around $59 handle), considering worldwide glut and general habit of members to cheat...
Pivot (invalidation): 58.70 Our preference Long positions above 58.70 with targets at 59.10 & 59.35 in extension. Alternative scenario...
Pivot (invalidation): 16.6800 Our preference Short positions below 16.6800 with targets at 16.5600 & 16.5000 in extension. Alternative scenario...
Pivot (invalidation): 1466.00 Our preference Short positions below 1466.00 with targets at 1462.00 & 1459.00 in extension. Alternative scenario...
Pivot (invalidation): 3124.50 Our preference Long positions above 3124.50 with targets at 3150.50 & 3164.00 in extension. Alternative scenario...
Pivot (invalidation): 13000.00 Our preference Long positions above 13000.00 with targets at 13180.00 & 13260.00 in extension. Alternative scenario...
Pivot (invalidation): 5.7890 Our preference Long positions above 5.7890 with targets at 5.8180 & 5.8330 in extension. Alternative scenario...
Pivot (invalidation): 0.6800 Our preference Long positions above 0.6800 with targets at 0.6820 & 0.6835 in extension. Alternative scenario...
Pivot (invalidation): 1.3245 Our preference Short positions below 1.3245 with targets at 1.3215 & 1.3190 in extension. Alternative scenario...
Pivot (invalidation): 0.9860 Our preference Short positions below 0.9860 with targets at 0.9830 & 0.9820 in extension. Alternative scenario...
Pivot (invalidation): 108.65 Our preference Long positions above 108.65 with targets at 108.85 & 109.00 in extension. Alternative scenario...
Pivot (invalidation): 1.3160 Our preference Short positions below 1.3160 with targets at 1.3105 & 1.3070 in extension. Alternative scenario...
Pivot (invalidation): 1.1080 Our preference Long positions above 1.1080 with targets at 1.1105 & 1.1115 in extension. Alternative scenario...
Pivot (invalidation): 58.55 Our preference Long positions above 58.55 with targets at 59.50 & 59.85 in extension. Alternative scenario...
Pivot (invalidation): 16.6800 Our preference Short positions below 16.6800 with targets at 16.5000 & 16.4100 in extension. Alternative scenario...
Pivot (invalidation): 1465.50 Our preference Short positions below 1465.50 with targets at 1458.50 & 1454.00 in extension. Alternative scenario...
Pivot (invalidation): 3154.00 Our preference Short positions below 3154.00 with targets at 3119.00 & 3103.00 in extension. Alternative scenario...
