It can be a very daunting task to create a trading plan/strategy that fits you without conflict. There are a lot of obstacles that inhibit the average trader from….click link below for more...
First, a review of last week’s forecast: - EUR/USD. The past seven days, like the previous one and a half months, did not bring any significant events, and the market is in a lazy-holiday mood because of that...
Pivot (invalidation): 8175 Our preference Short positions below 8175 with targets at 7690 & 7560 in extension. Alternative scenario Above 8175 look for further upside with 8330 & 8500 as targets...
Pivot (invalidation): 68.95 Our preference Long positions above 68.95 with targets at 70.15 & 70.60 in extension. Alternative scenario Below 68.95 look for further downside with 68.70 & 68.35 as targets...
Pivot (invalidation): 15.5000 Our preference Short positions below 15.5000 with targets at 15.3000 & 15.2300 in extension. Alternative scenario Above 15.5000 look for further upside with 15.5800 & 15.6600 as targets...
Pivot (invalidation): 1228.50 Our preference Short positions below 1228.50 with targets at 1221.00 & 1218.00 in extension. Alternative scenario Above 1228.50 look for further upside with 1230.50 & 1235.00 as targets...
Pivot (invalidation): 1.1590 Our preference Short positions below 1.1590 with targets at 1.1565 & 1.1545 in extension. Alternative scenario Above 1.1590 look for further upside with 1.1620 & 1.1640 as targets...
Pivot (invalidation): 0.8875 Our preference Long positions above 0.8875 with targets at 0.8895 & 0.8905 in extension. Alternative scenario Below 0.8875 look for further downside with 0.8865 & 0.8855 as targets...
Pivot (invalidation): 0.7410 Our preference Short positions below 0.7410 with targets at 0.7360 & 0.7340 in extension. Alternative scenario Above 0.7410 look for further upside with 0.7430 & 0.7450 as targets...
Pivot (invalidation): 1.3025 Our preference Long positions above 1.3025 with targets at 1.3095 & 1.3130 in extension. Alternative scenario Below 1.3025 look for further downside with 1.2975 & 1.2940 as targets...
Pivot (invalidation): 0.9920 Our preference Long positions above 0.9920 with targets at 0.9950 & 0.9975 in extension. Alternative scenario Below 0.9920 look for further downside with 0.9900 & 0.9880 as targets...
Pivot (invalidation): 110.90 Our preference Long positions above 110.90 with targets at 111.25 & 111.55 in extension. Alternative scenario Below 110.90 look for further downside with 110.55 & 110.35 as targets...
Pivot (invalidation): 1.3135 Our preference Short positions below 1.3135 with targets at 1.3095 & 1.3070 in extension. Alternative scenario Above 1.3135 look for further upside with 1.3175 & 1.3210 as targets...
Pivot (invalidation): 1.1670 Our preference Short positions below 1.1670 with targets at 1.1625 & 1.1600 in extension. Alternative scenario Above 1.1670 look for further upside with 1.1705 & 1.1730 as targets...
SFT Full OsMA A classic indicator with advanced features for more accurate display of the situation on the market. All the settings of moving averages are available, such as the average type and the price at which it is built...
Since mid-April, EUR / USD has been trading in a downward channel on the weekly chart, the lower limit of which is near the support level 1.1285 (Fibonacci level 23.6% of the correction to the fall from 1.3900, which began in May 2014...
Pivot (invalidation): 8060 Our preference Long positions above 8060 with targets at 8330 & 8500 in extension. Alternative scenario Below 8060 look for further downside with 7850 & 7690 as targets...
Pivot (invalidation): 111.10 Our preference Short positions below 111.10 with targets at 110.60 & 110.35 in extension. Alternative scenario Above 111.10 look for further upside with 111.50 & 111.90 as targets...
