Pivot (invalidation): 1.0900 Our preference Short positions below 1.0900 with targets at 1.0875 & 1.0865 in extension. Alternative scenario...
USDJPY eyes further upside pressure on corrective recovery as it closed higher on Monday. 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): 56.55 Our preference Short positions below 56.55 with targets at 55.70 & 55.35 in extension. Alternative scenario...
Pivot (invalidation): 17.6200 Our preference Short positions below 17.6200 with targets at 17.2800 & 17.0600 in extension...
Pivot (invalidation): 1500.00 Our preference Short positions below 1500.00 with targets at 1486.50 & 1482.00 in extension. Alternative scenario...
Pivot (invalidation): 2945.00 Our preference Long positions above 2945.00 with targets at 2976.50 & 2989.00 in extension. Alternative scenario...
Pivot (invalidation): 12325.00 Our preference Long positions above 12325.00 with targets at 12400.00 & 12465.00 in extension. Alternative scenario...
Pivot (invalidation): 5.6730 Our preference Short positions below 5.6730 with targets at 5.6520 & 5.6400 in extension. Alternative scenario...
Pivot (invalidation): 0.6770 Our preference Short positions below 0.6770 with targets at 0.6745 & 0.6735 in extension. Alternative scenario...
Pivot (invalidation): 1.3250 Our preference Short positions below 1.3250 with targets at 1.3230 & 1.3210 in extension. Alternative scenario...
Pivot (invalidation): 0.9920 Our preference Short positions below 0.9920 with targets at 0.9895 & 0.9885 in extension. Alternative scenario...
Pivot (invalidation): 107.80 Our preference Long positions above 107.80 with targets at 108.05 & 108.20 in extension. Alternative scenario...
Pivot (invalidation): 1.2310 Our preference Short positions below 1.2310 with targets at 1.2270 & 1.2240 in extension. Alternative scenario...
Pivot (invalidation): 1.0945 Our preference Short positions below 1.0945 with targets at 1.0915 & 1.0905 in extension. Alternative scenario...
USER GUIDE CAP ADX Trader EA trades using the Average Directional Index (ADX) Indicator...
EURUSD retains its medium term downtrend as it looks for more weakness in the new week. Support comes in at the 1.0900 where a break will turn risk to the 1.0850 level. A breach below here will target the 1.0800 level. Further down, support stands at the 1.0750...
USDCHF with the pair continuing to hesitate directional move is now a challenge. Resistance stands at the 0.9950 level. Above here will open the door for a move towards the 1.0000 level and then the 1.0050 level. Further out, resistance stands at the 1.0100 level...
First, a review of last week’s events: - EUR/USD. The worse the things are for Trump, the better they are for the dollar. Such a conclusion can be made by looking at the quotes’ charts...
USDJPY looks to strengthen further as more gain is expected towards its key resistance at 108.47. On the upside, resistance comes in at 108.40 level. Above this level will turn attention to the 109.00 level. Further out, we expect a possible move towards the 109...