USDJPY: The pair looks to strengthen further as it close on Tuesday. On the downside, support lies at the 111.00 level where a break if seen will aim at the 110.50 level. A cut through here will turn focus to the 110.00 level and possibly lower towards the 109.50 level...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, July 10th The EUR/USD pair follows broad market trend this Tuesday and corrects lower after its last week’s upside rally. On Monday, the pair met resistance near the level of 1...
Our pivot (invalidation) point is at 6802. Our preference The downside prevails as Long as 6802 is resistance. Alternative scenario The upside breakout of 6802, would call for 6995 and 7109...
Pivot (invalidation): 1.1770 Our preference Short positions below 1.1770 with targets at 1.1720 & 1.1700 in extension. Alternative scenario Above 1.1770 look for further upside with 1.1790 & 1.1805 as targets...
Investors enthusiastically met with a strong report on the US labor market, published last Friday, as well as information about the next reduction in the deficit of the US foreign trade balance. According to the data presented, the deficit of trade in goods and services in the US in May fell by 6...
Our pivot (invalidation) point stands at 6543. Our preference As Long as 6543 is support look for 7048. Alternative scenario The downside breakout of 6543 would call for 6349 and 6234...
Pivot (invalidation): 73.31 Our preference Long positions above 73.31 with targets at 74.46 & 74.80 in extension. Alternative scenario Below 73.31 look for further downside with 72.80 & 72.20 as targets...
Pivot (invalidation): 15.9400 Our preference Long positions above 15.9400 with targets at 16.1500 & 16.2200 in extension. Alternative scenario Below 15.9400 look for further downside with 15.8600 & 15.7500 as targets...
Pivot (invalidation): 1253.00 Our preference Long positions above 1253.00 with targets at 1261.00 & 1265.00 in extension. Alternative scenario Below 1253.00 look for further downside with 1250.00 & 1248.00 as targets...
Our pivot (invalidation) point is at 1.1634. Our preference The downside prevails as Long as 1.1634 is resistance. Alternative scenario Above 1.1634, look for 1.1647 and 1.1655...
Pivot (invalidation): 0.8830 Our preference Long positions above 0.8830 with targets at 0.8860 & 0.8870 in extension. Alternative scenario Below 0.8830 look for further downside with 0.8820 & 0.8810 as targets...
Pivot (invalidation): 0.7423 Our preference Long positions above 0.7423 with targets at 0.7470 & 0.7485 in extension. Alternative scenario Below 0.7423 look for further downside with 0.7400 & 0.7375 as targets...
Pivot (invalidation): 1.3110 Our preference Short positions below 1.3110 with targets at 1.3070 & 1.3055 in extension. Alternative scenario Above 1.3110 look for further upside with 1.3125 & 1.3150 as targets...
Pivot (invalidation): 0.9905 Our preference Short positions below 0.9905 with targets at 0.9865 & 0.9850 in extension. Alternative scenario Above 0.9905 look for further upside with 0.9920 & 0.9930 as targets...
Pivot (invalidation): 110.30 Our preference Long positions above 110.30 with targets at 110.55 & 110.70 in extension. Alternative scenario Below 110.30 look for further downside with 110.10 & 109.95 as targets...
Pivot (invalidation): 1.3255 Our preference Long positions above 1.3255 with targets at 1.3325 & 1.3350 in extension. Alternative scenario Below 1.3255 look for further downside with 1.3200 & 1.3170 as targets...
Pivot (invalidation): 1.1720 Our preference Long positions above 1.1720 with targets at 1.1790 & 1.1825 in extension. Alternative scenario Below 1.1720 look for further downside with 1.1700 & 1.1675 as targets...
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First, a review of last week’s forecast: - EUR/USD. The forecasts of the majority of experts (55%) included the level of 1.1725, which the pair must have achieved this week. And this was what happened...
