Introduction This page consist of detailed screen shot on how to rely on Fx Parade strategy for Day Trading...
Against the background of monetary tightening by the Fed since April, gold prices have been in a steady downward trend. In mid-August, the XAU / USD pair reached an annual minimum near the mark of 1160.00, however, then an upward correction began, raising the price of gold to the mark of 1244...
Pivot (invalidation): 50.85 Our preference Long positions above 50.85 with targets at 52.05 & 52.60 in extension. Alternative scenario Below 50.85 look for further downside with 50.10 & 49.40 as targets...
Pivot (invalidation): 14.5100 Our preference Short positions below 14.5100 with targets at 14.3800 & 14.3200 in extension. Alternative scenario Above 14.5100 look for further upside with 14.5800 & 14.6600 as targets...
Pivot (invalidation): 1242.00 Our preference Short positions below 1242.00 with targets at 1236.00 & 1233.00 in extension. Alternative scenario Above 1242.00 look for further upside with 1244.50 & 1248.00 as targets...
Pivot (invalidation): 2648.00 Our preference Long positions above 2648.00 with targets at 2731.00 & 2760.00 in extension. Alternative scenario Below 2648.00 look for further downside with 2621.00 & 2602.00 as targets...
Pivot (invalidation): 10960.00 Our preference Short positions below 10960.00 with targets at 10730.00 & 10610.00 in extension. Alternative scenario Above 10960.00 look for further upside with 11060.00 & 11160.00 as targets...
Pivot (invalidation): 5.3660 Our preference Short positions below 5.3660 with targets at 5.3050 & 5.2700 in extension. Alternative scenario Above 5.3660 look for further upside with 5.4000 & 5.4570 as targets...
Pivot (invalidation): 0.7215 Our preference Long positions above 0.7215 with targets at 0.7255 & 0.7275 in extension. Alternative scenario Below 0.7215 look for further downside with 0.7190 & 0.7160 as targets...
Pivot (invalidation): 1.3400 Our preference Short positions below 1.3400 with targets at 1.3365 & 1.3350 in extension. Alternative scenario Above 1.3400 look for further upside with 1.3420 & 1.3445 as targets...
Pivot (invalidation): 0.9940 Our preference Short positions below 0.9940 with targets at 0.9905 & 0.9890 in extension. Alternative scenario Above 0.9940 look for further upside with 0.9955 & 0.9970 as targets...
Pivot (invalidation): 112.60 Our preference Long positions above 112.60 with targets at 113.05 & 113.25 in extension. Alternative scenario Below 112.60 look for further downside with 112.40 & 112.20 as targets...
Pivot (invalidation): 1.2755 Our preference Long positions above 1.2755 with targets at 1.2810 & 1.2840 in extension. Alternative scenario Below 1.2755 look for further downside with 1.2730 & 1.2700 as targets...
Pivot (invalidation): 1.1355 Our preference Long positions above 1.1355 with targets at 1.1395 & 1.1415 in extension. Alternative scenario Below 1.1355 look for further downside with 1.1335 & 1.1320 as targets...
Last Wednesday, the Bank of Canada left its key interest rate unchanged, at 1.75%. In a statement explaining the decision to leave interest rates unchanged, a much more cautious tone is used than in previous statements...
Pivot (invalidation): 52.15 Our preference Long positions above 52.15 with targets at 53.25 & 53.80 in extension. Alternative scenario Below 52.15 look for further downside with 51.60 & 50.75 as targets...
Pivot (invalidation): 14.3900 Our preference Long positions above 14.3900 with targets at 14.5400 & 14.6600 in extension. Alternative scenario Below 14.3900 look for further downside with 14.3200 & 14.2400 as targets...
Pivot (invalidation): 1235.00 Our preference Long positions above 1235.00 with targets at 1244.50 & 1248.00 in extension. Alternative scenario Below 1235.00 look for further downside with 1230.50 & 1227.50 as targets...
Pivot (invalidation): 2732.00 Our preference Short positions below 2732.00 with targets at 2680.00 & 2650.00 in extension. Alternative scenario Above 2732.00 look for further upside with 2754.00 & 2795.00 as targets...
