EURJPY: The pair continues to retain its broader uptrend as it looks to extend that upside pressure. Support comes in at the 131.00 level where a break if seen will aim at the 130.50 level. A cut through here will turn focus to the 130.00 level and possibly lower towards the 129.50 level...
6595 is our pivot (invalidation) point. Our preference As Long as 6595 is support look for 7017. Alternative scenario The downside breakout of 6595 would call for 6436 and 6341...
Pivot (invalidation): 112.20 Our preference Long positions above 112.20 with targets at 112.80 & 113.00 in extension. Alternative scenario Below 112.20 look for further downside with 111.90 & 111.60 as targets...
Pivot (invalidation): 1.3215 Our preference Long positions above 1.3215 with targets at 1.3250 & 1.3290 in extension. Alternative scenario Below 1.3215 look for further downside with 1.3190 & 1.3165 as targets...
Pivot (invalidation): 1.1690 Our preference Long positions above 1.1690 with targets at 1.1725 & 1.1740 in extension. Alternative scenario Below 1.1690 look for further downside with 1.1675 & 1.1655 as targets...
Despite the continuing, and even accelerating, growth of the US economy, some economists still believe that in the US, in about two years, a recession may begin. This means that the growth of the economy may slow from the middle of next year, and towards its end become zero...
I'm sure all of you use the crosshair tool on MetaTrader's charts. It's very useful to measure distance in bars or points between 2 spots. Yet I was always wondering, why it does not provide an option to show profit value, margin level, drawdown or gain percentage in addition to points...
Our pivot (invalidation) point stands at 6207. Our preference As Long as 6207 is support look for 6679. Alternative scenario Below 6207, expect 6026 and 5918...
Pivot (invalidation): 70.30 Our preference Long positions above 70.30 with targets at 71.20 & 71.65 in extension. Alternative scenario Below 70.30 look for further downside with 69.85 & 69.20 as targets...
Pivot (invalidation): 15.7200 Our preference Long positions above 15.7200 with targets at 15.8700 & 15.9300 in extension. Alternative scenario Below 15.7200 look for further downside with 15.6600 & 15.5800 as targets...
Pivot (invalidation): 1239.00 Our preference Long positions above 1239.00 with targets at 1246.00 & 1248.00 in extension. Alternative scenario Below 1239.00 look for further downside with 1236.00 & 1233.00 as targets...
Our pivot (invalidation) point stands at 1.1720. Our preference target 1.1669. Alternative scenario Above 1.1720, look for 1.1738 and 1.1748...
Pivot (invalidation): 0.8840 Our preference Short positions below 0.8840 with targets at 0.8820 & 0.8810 in extension. Alternative scenario Above 0.8840 look for further upside with 0.8855 & 0.8865 as targets...
Pivot (invalidation): 0.7400 Our preference Long positions above 0.7400 with targets at 0.7430 & 0.7445 in extension. Alternative scenario Below 0.7400 look for further downside with 0.7385 & 0.7370 as targets...
Pivot (invalidation): 1.3175 Our preference Short positions below 1.3175 with targets at 1.3145 & 1.3120 in extension. Alternative scenario Above 1.3175 look for further upside with 1.3195 & 1.3220 as targets...
Pivot (invalidation): 1.0000 Our preference Long positions above 1.0000 with targets at 1.0040 & 1.0070 in extension. Alternative scenario Below 1.0000 look for further downside with 0.9970 & 0.9945 as targets...
Pivot (invalidation): 112.25 Our preference Long positions above 112.25 with targets at 112.80 & 113.00 in extension. Alternative scenario Below 112.25 look for further downside with 111.90 & 111.60 as targets...
Pivot (invalidation): 1.3190 Our preference Long positions above 1.3190 with targets at 1.3245 & 1.3290 in extension. Alternative scenario Below 1.3190 look for further downside with 1.3150 & 1.3115 as targets...
Pivot (invalidation): 1.1655 Our preference Long positions above 1.1655 with targets at 1.1695 & 1.1720 in extension. Alternative scenario Below 1.1655 look for further downside with 1.1640 & 1.1610 as targets...
EURUSD: The pair looks to extend its weakness after selling off on Wednesday. On the upside, resistance comes in at 1.1700 level with a cut through here opening the door for more upside towards the 1.1750 level. Further up, resistance lies at the 1.1800 level where a break will expose the 1...
