Pivot (invalidation): 1.1210 Our preference Long positions above 1.1210 with targets at 1.1245 & 1.1260 in extension. Alternative scenario Below 1.1210 look for further downside with 1.1190 & 1.1170 as targets...
USDCHF weakens on price sell off with eyes on 1.0100 support level. On the downside, support is seen at the 1.0100 level. A turn below here will set the stage for more decline towards the 1.0050 level. And then the 1.0000 level. Further down, support resides at the 0.9950 level...
Pivot (invalidation): 61.35 Our preference Long positions above 61.35 with targets at 61.90 & 62.35 in extension. Alternative scenario Below 61.35 look for further downside with 61.10 & 60.65 as targets...
Pivot (invalidation): 14.9000 Our preference Short positions below 14.9000 with targets at 14.7300 & 14.6400 in extension. Alternative scenario Above 14.9000 look for further upside with 14.9500 & 15.0100 as targets...
Pivot (invalidation): 1285.00 Our preference Short positions below 1285.00 with targets at 1276.50 & 1272.50 in extension. Alternative scenario Above 1285.00 look for further upside with 1288.00 & 1291.50 as targets...
Pivot (invalidation): 2870.50 Our preference Long positions above 2870.50 with targets at 2902.25 & 2913.00 in extension. Alternative scenario Below 2870.50 look for further downside with 2862.25 & 2848.50 as targets...
Pivot (invalidation): 12070.00 Our preference Long positions above 12070.00 with targets at 12254.00 & 12315.00 in extension. Alternative scenario Below 12070.00 look for further downside with 12000.00 & 11900.00 as targets...
Pivot (invalidation): 6.1500 Our preference Long positions above 6.1500 with targets at 6.1800 & 6.2000 in extension. Alternative scenario Below 6.1500 look for further downside with 6.1300 & 6.1160 as targets...
Pivot (invalidation): 0.6995 Our preference Short positions below 0.6995 with targets at 0.6960 & 0.6945 in extension. Alternative scenario Above 0.6995 look for further upside with 0.7010 & 0.7025 as targets...
Pivot (invalidation): 1.3460 Our preference Long positions above 1.3460 with targets at 1.3495 & 1.3510 in extension. Alternative scenario Below 1.3460 look for further downside with 1.3445 & 1.3425 as targets...
Pivot (invalidation): 1.0190 Our preference Long positions above 1.0190 with targets at 1.0225 & 1.0245 in extension. Alternative scenario Below 1.0190 look for further downside with 1.0165 & 1.0145 as targets...
Pivot (invalidation): 110.20 Our preference Short positions below 110.20 with targets at 109.70 & 109.35 in extension. Alternative scenario Above 110.20 look for further upside with 110.40 & 110.55 as targets...
Pivot (invalidation): 1.3030 Our preference Short positions below 1.3030 with targets at 1.2985 & 1.2970 in extension. Alternative scenario Above 1.3030 look for further upside with 1.3060 & 1.3080 as targets...
Pivot (invalidation): 1.1200 Our preference Short positions below 1.1200 with targets at 1.1180 & 1.1170 in extension. Alternative scenario Above 1.1200 look for further upside with 1.1215 & 1.1225 as targets...
In my last post, I said I’d provide an update after the first of the year. Well it is now May, so I guess it qualifies as “after the first of the year.” In the earlier part of the year I did very little trading with my live account. I was running two strategies on my demo account...
US – China trade negotiations initiated in January 2019 are resuming tomorrow although both nations remain divided on major topics. Even if 90% of the trade pact is accepted, sticking points remain when it comes to subsidies, technology transfer, data protection and cloud technology access...
Pivot (invalidation): 61.15 Our preference Long positions above 61.15 with targets at 62.50 & 62.95 in extension. Alternative scenario Below 61.15 look for further downside with 60.65 & 60.05 as targets...
Pivot (invalidation): 14.8000 Our preference Long positions above 14.8000 with targets at 14.9700 & 15.0700 in extension. Alternative scenario Below 14.8000 look for further downside with 14.7300 & 14.6400 as targets...
Pivot (invalidation): 1281.50 Our preference Long positions above 1281.50 with targets at 1288.50 & 1291.00 in extension. Alternative scenario Below 1281.50 look for further downside with 1276.50 & 1272.50 as targets...
