EURUSD declines strongly on price sell off with more weakness expected in the days ahead. Support comes in at the 1.0950 where a break will turn risk to the 1.0900 level. A breach below here will target the 1.0850 level. Further down, support stands at the 1.0800...
A malaise has fallen over financial markets. The lack of meaningful news has left prices to drift. Tactically, we watching media for any news on US-China trade, ECB, Brexit, general data to support a Fed direction, for insights to short term price action...
Pivot (invalidation): 58.20 Our preference Short positions below 58.20 with targets at 57.20 & 56.70 in extension. Alternative scenario...
Pivot (invalidation): 18.1700 Our preference Short positions below 18.1700 with targets at 17.9500 & 17.8700 in extension. Alternative scenario...
Pivot (invalidation): 1498.00 Our preference Short positions below 1498.00 with targets at 1484.00 & 1479.00 in extension. Alternative scenario...
Pivot (invalidation): 2958.00 Our preference Long positions above 2958.00 with targets at 2990.00 & 3020.00 in extension. Alternative scenario...
Pivot (invalidation): 12230.00 Our preference Long positions above 12230.00 with targets at 12300.00 & 12365.00 in extension. Alternative scenario...
Pivot (invalidation): 5.7550 Our preference Long positions above 5.7550 with targets at 5.7880 & 5.8130 in extension. Alternative scenario...
Pivot (invalidation): 0.6870 Our preference Short positions below 0.6870 with targets at 0.6835 & 0.6820 in extension. Alternative scenario...
Pivot (invalidation): 1.3165 Our preference Short positions below 1.3165 with targets at 1.3130 & 1.3110 in extension. Alternative scenario...
Pivot (invalidation): 0.9905 Our preference Long positions above 0.9905 with targets at 0.9930 & 0.9950 in extension. Alternative scenario...
Pivot (invalidation): 107.45 Our preference Long positions above 107.45 with targets at 107.85 & 108.00 in extension. Alternative scenario...
Pivot (invalidation): 1.2335 Our preference Long positions above 1.2335 with targets at 1.2360 & 1.2380 in extension. Alternative scenario...
Pivot (invalidation): 1.1035 Our preference Long positions above 1.1035 with targets at 1.1060 & 1.1070 in extension. Alternative scenario...
USDJPY looks to extend recovery towards 107.93 zone in the days ahead. On the upside, resistance comes in at 107.93 level. Above this level will turn attention to the 108.50 level. Further out, we expect a possible move towards the 109.00 level...
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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) Is this high volume down wave the 1st push that will change the trend or is it continuation? Let's Read the chart: 1...
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) This is why GBPJPY most probably will start retracing: 1. Touched the 4HR resistance several times 2. High Speed Index of 37...
Pivot (invalidation): 57.70 Our preference Long positions above 57.70 with targets at 58.65 & 59.30 in extension. Alternative scenario...