Pivot (invalidation): 1.0855 Our preference Short positions below 1.0855 with targets at 1.0815 & 1.0800 in extension. Alternative scenario...
US equities advanced to record highs yet another day on news that the rate of the coronavirus infection may be slowing and that the outbreak may not hit the US businesses as hard as first thought...
EURGBP looks to weaken further as it eyes a move towards its key supported located at 0.8275 level. This is coming on the back of its recent declines. On the downside, support stands at the 0.8275 level where a violation will turn focus to the 0.8250 level. A break below here will aim at the 0...
How to identify new opportunities We finally found a good trading opportunity EURUSD is breaking downwards while GBPUSD is pushing upwards. This provides a great chance for a SELL trade on EURGBP...
Pivot (invalidation): 17.5300 Our preference Long positions above 17.5300 with targets at 17.6700 & 17.7300 in extension. Alternative scenario...
Pivot (invalidation): 50.90 Our preference Long positions above 50.90 with targets at 51.95 & 52.20 in extension. Alternative scenario...
Pivot (invalidation): 1568.00 Our preference Long positions above 1568.00 with targets at 1577.00 & 1581.50 in extension. Alternative scenario...
Pivot (invalidation): 3355.00 Our preference Long positions above 3355.00 with targets at 3397.00 & 3410.00 in extension. Alternative scenario...
Pivot (invalidation): 13610.00 Our preference Long positions above 13610.00 with targets at 13830.00 & 13925.00 in extension. Alternative scenario...
Pivot (invalidation): 6.0310 Our preference Long positions above 6.0310 with targets at 6.0650 & 6.0790 in extension. Alternative scenario...
Pivot (invalidation): 0.6735 Our preference Short positions below 0.6735 with targets at 0.6710 & 0.6695 in extension. Alternative scenario...
Pivot (invalidation): 1.3260 Our preference Short positions below 1.3260 with targets at 1.3230 & 1.3215 in extension. Alternative scenario...
Pivot (invalidation): 0.9765 Our preference Long positions above 0.9765 with targets at 0.9790 & 0.9805 in extension. Alternative scenario...
Pivot (invalidation): 110.00 Our preference Short positions below 110.00 with targets at 109.70 & 109.55 in extension. Alternative scenario...
Pivot (invalidation): 1.2970 Our preference Short positions below 1.2970 with targets at 1.2945 & 1.2920 in extension. Alternative scenario...
Pivot (invalidation): 1.0890 Our preference Short positions below 1.0890 with targets at 1.0855 & 1.0840 in extension. Alternative scenario...
CURRENCY STRENGTH OVERVIEW TODAY Market strong movement in middle timeframes gives many opportunity for scalpers today. Attention strong moves NZD-pairs after red news! ( RBNZ Rate Statement...) Weak currencies are USD and EUR. Strong currencies are GBP NZD...
How to handle a transition phase The market is still in a transition because the USD is losing strength and the other currencies are about to break their downtrend...
Pivot (invalidation): 50.25 Our preference Long positions above 50.25 with targets at 51.00 & 51.45 in extension. Alternative scenario...
