Pivot (invalidation): 61.90 Our preference Long positions above 61.90 with targets at 62.20 & 62.45 in extension. Alternative scenario Below 61.90 look for further downside with 61.60 & 61.25 as targets...
Pivot (invalidation): 15.0500 Our preference Long positions above 15.0500 with targets at 15.1900 & 15.2500 in extension. Alternative scenario Below 15.0500 look for further downside with 14.9500 & 14.8800 as targets...
Pivot (invalidation): 1294.50 Our preference Short positions below 1294.50 with targets at 1285.25 & 1281.00 in extension. Alternative scenario Above 1294.50 look for further upside with 1297.00 & 1300.00 as targets...
Pivot (invalidation): 2869.00 Our preference Long positions above 2869.00 with targets at 2885.00 & 2891.25 in extension. Alternative scenario Below 2869.00 look for further downside with 2859.25 & 2848.50 as targets...
Pivot (invalidation): 11930.00 Our preference Long positions above 11930.00 with targets at 12027.00 & 12112.00 in extension. Alternative scenario Below 11930.00 look for further downside with 11865.00 & 11810.00 as targets...
Pivot (invalidation): 5.5830 Our preference Long positions above 5.5830 with targets at 5.6310 & 5.6600 in extension. Alternative scenario Below 5.5830 look for further downside with 5.5540 & 5.5270 as targets...
Pivot (invalidation): 0.7105 Our preference Long positions above 0.7105 with targets at 0.7130 & 0.7145 in extension. Alternative scenario Below 0.7105 look for further downside with 0.7095 & 0.7085 as targets...
Pivot (invalidation): 1.3340 Our preference Long positions above 1.3340 with targets at 1.3370 & 1.3395 in extension. Alternative scenario Below 1.3340 look for further downside with 1.3315 & 1.3295 as targets...
Pivot (invalidation): 0.9985 Our preference Long positions above 0.9985 with targets at 1.0010 & 1.0030 in extension. Alternative scenario Below 0.9985 look for further downside with 0.9970 & 0.9950 as targets...
Pivot (invalidation): 111.50 Our preference Long positions above 111.50 with targets at 111.90 & 112.00 in extension. Alternative scenario Below 111.50 look for further downside with 111.30 & 111.15 as targets...
Pivot (invalidation): 1.3115 Our preference Short positions below 1.3115 with targets at 1.3060 & 1.3025 in extension. Alternative scenario Above 1.3115 look for further upside with 1.3150 & 1.3190 as targets...
Pivot (invalidation): 1.1230 Our preference Short positions below 1.1230 with targets at 1.1205 & 1.1195 in extension. Alternative scenario Above 1.1230 look for further upside with 1.1245 & 1.1255 as targets...
The principle of the indicator. The Strong Trend Flat Signal (STFS) indicator is the intersection of two, developed by the author, non-lagging moving averages with averaging periods 21 and 63...
USDCAD faces upside risk following its price rejection on Wednesday. Support comes in at the 1.3300 level where a break will aim at the 1.3250 level. Further down, support comes in at the 1.3200 level where a turn lower may occur. But if further weakness is triggered support comes in at the 1...
Pivot (invalidation): 62.70 Our preference Short positions below 62.70 with targets at 62.05 & 61.60 in extension. Alternative scenario Above 62.70 look for further upside with 63.00 & 63.35 as targets...
Pivot (invalidation): 15.1900 Our preference Short positions below 15.1900 with targets at 15.0200 & 14.9400 in extension. Alternative scenario Above 15.1900 look for further upside with 15.2500 & 15.3300 as targets...
Pivot (invalidation): 1294.50 Our preference Short positions below 1294.50 with targets at 1288.00 & 1285.00 in extension. Alternative scenario Above 1294.50 look for further upside with 1297.00 & 1300.00 as targets...
Pivot (invalidation): 2859.25 Our preference Long positions above 2859.25 with targets at 2885.00 & 2891.25 in extension. Alternative scenario Below 2859.25 look for further downside with 2848.50 & 2835.50 as targets...
Pivot (invalidation): 11880.00 Our preference Long positions above 11880.00 with targets at 11990.00 & 12040.00 in extension. Alternative scenario Below 11880.00 look for further downside with 11780.00 & 11700.00 as targets...
