Pivot (invalidation): 1.1050 Our preference Short positions below 1.1050 with targets at 1.1015 & 1.0995 in extension. Alternative scenario...

GBPJPY looks to resume short term uptrend as it eyes further upside strength. On the downside, support comes in at the 135.00 level where a violation will aim at the 134.50 level. A break below here will target the 134.00 level followed by the 133.50 level...

Pivot (invalidation): 60.40 Our preference Short positions below 60.40 with targets at 57.20 & 56.30 in extension. Alternative scenario...

Pivot (invalidation): 17.8700 Our preference Long positions above 17.8700 with targets at 18.0900 & 18.1800 in extension. Alternative scenario...

Pivot (invalidation): 1495.50 Our preference Long positions above 1495.50 with targets at 1507.00 & 1512.00 in extension. Alternative scenario...

Pivot (invalidation): 2991.00 Our preference Long positions above 2991.00 with targets at 3020.00 & 3029.00 in extension. Alternative scenario...

Pivot (invalidation): 12449.00 Our preference Short positions below 12449.00 with targets at 12300.00 & 12210.00 in extension. Alternative scenario...

Pivot (invalidation): 5.7180 Our preference Short positions below 5.7180 with targets at 5.6870 & 5.6630 in extension. Alternative scenario...

Pivot (invalidation): 0.6870 Our preference Short positions below 0.6870 with targets at 0.6830 & 0.6815 in extension. Alternative scenario...

SUPPORTING TECHNICAL ANALYSIS: ANALYSIS BASED ON PHILIP PANKAJ...

Pivot (invalidation): 1.3235 Our preference Long positions above 1.3235 with targets at 1.3270 & 1.3290 in extension. Alternative scenario...

Pivot (invalidation): 0.9940 Our preference Short positions below 0.9940 with targets at 0.9920 & 0.9910 in extension. Alternative scenario...

Pivot (invalidation): 108.05 Our preference Long positions above 108.05 with targets at 108.35 & 108.50 in extension. Alternative scenario...

Pivot (invalidation): 1.2470 Our preference Long positions above 1.2470 with targets at 1.2505 & 1.2530 in extension. Alternative scenario...

Pivot (invalidation): 1.1040 Our preference Long positions above 1.1040 with targets at 1.1085 & 1.1110 in extension. Alternative scenario...

Strategy Tester Report...

Setup 1HR chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) Nice EURUSD trade today 60 pips up and going. These are the reasons that entered long. 1. Reached Fib Area - hit 61.8 several times...

USDJPY risk continues to point higher on further price strength. On the upside, resistance comes in at 108.50 level. Above this level will turn attention to the 109.00 level. Further out, we expect a possible move towards the 109...

Pivot (invalidation): 60.80 Our preference Long positions above 60.80 with targets at 63.35 & 64.30 in extension. Alternative scenario...

Pivot (invalidation): 17.7300 Our preference Long positions above 17.7300 with targets at 18.0000 & 18.1900 in extension. Alternative scenario...