Here's a good case scenario to identify a sideways market. There are 6 arrows on the glowing line. It is telling me that the price is trading inside a big box. I drew in the chart the potential buy area, and potential sell area...
Pivot (invalidation): 55.95 Our preference Long positions above 55.95 with targets at 56.70 & 57.00 in extension. Alternative scenario Below 55.95 look for further downside with 55.40 & 54.90 as targets...
Pivot (invalidation): 15.1500 Our preference Long positions above 15.1500 with targets at 15.3700 & 15.5000 in extension. Alternative scenario Below 15.1500 look for further downside with 15.0300 & 14.9600 as targets...
Pivot (invalidation): 1292.00 Our preference Long positions above 1292.00 with targets at 1300.50 & 1304.00 in extension. Alternative scenario Below 1292.00 look for further downside with 1289.00 & 1284.50 as targets...
Pivot (invalidation): 2730.00 Our preference Long positions above 2730.00 with targets at 2761.00 & 2771.00 in extension. Alternative scenario Below 2730.00 look for further downside with 2722.00 & 2714.00 as targets...
Pivot (invalidation): 11522.00 Our preference Short positions below 11522.00 with targets at 11370.00 & 11295.00 in extension. Alternative scenario Above 11522.00 look for further upside with 11567.00 & 11600.00 as targets...
Pivot (invalidation): 5.4540 Our preference Short positions below 5.4540 with targets at 5.4220 & 5.3930 in extension. Alternative scenario Above 5.4540 look for further upside with 5.4740 & 5.4890 as targets...
Pivot (invalidation): 0.7050 Our preference Short positions below 0.7050 with targets at 0.7020 & 0.7000 in extension. Alternative scenario Above 0.7050 look for further upside with 0.7065 & 0.7090 as targets...
Pivot (invalidation): 1.3400 Our preference Long positions above 1.3400 with targets at 1.3445 & 1.3465 in extension. Alternative scenario Below 1.3400 look for further downside with 1.3370 & 1.3350 as targets...
Pivot (invalidation): 1.0090 Our preference Short positions below 1.0090 with targets at 1.0065 & 1.0055 in extension. Alternative scenario Above 1.0090 look for further upside with 1.0105 & 1.0125 as targets...
Pivot (invalidation): 111.25 Our preference Short positions below 111.25 with targets at 110.85 & 110.60 in extension. Alternative scenario Above 111.25 look for further upside with 111.45 & 111.65 as targets...
Pivot (invalidation): 1.3015 Our preference Short positions below 1.3015 with targets at 1.2945 & 1.2900 in extension. Alternative scenario Above 1.3015 look for further upside with 1.3070 & 1.3105 as targets...
Pivot (invalidation): 1.1220 Our preference Long positions above 1.1220 with targets at 1.1245 & 1.1265 in extension. Alternative scenario Below 1.1220 look for further downside with 1.1200 & 1.1175 as targets...
GOLD looks to recover further higher on bull pressure as it closed higher on Friday. On the downside, support comes in at the 1,290.00 level where a break will turn attention to the 1,280.00 level. Further down, a cut through here will open the door for a move lower towards the 1,270.00 level...
Hello traders, Some users remind me that I haven't posted the A2SR educational material for a long time. Thank you, I appreciate it. Actually I didn't forget...
EURUSD looks to recover further higher in the new week despite its lower close at the end of the week (see weekly chart). Support comes in at the 1.1200 where a break will aim at the 1.1150 level. A break below here will target the 1.1100 level. Further down, support lies at the 1.1050...
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First, a review of last week’s events: - EUR/USD. The pair collapsed on Thursday, March 7, after the ECB announced that it was not worth waiting for the increase in interest rates this autumn. The earliest when this can happen is 2020...
USDCHF risk remains higher with eyes on the 1.0127 zone as it expects more strength in the new week towards its key resistance. Resistance stands at the 1.0150 level. A break of there will clear the way for a run at the 1.0200 level. Above here, resistance lies at the 1.0150 level and then the 1...
