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The global risk recovery is set to pick up at the start of the week as Fed Chai Powell expressed optimism that the US growth story will improve in 2H. S&P 500 futures (1.15%) pushing up Asian equities Nikkei (0.48), Shanghai Composite (0.47%), and Kospi (0...
Optimism over warm weather supporting the gradual return to normal activities following a more than two-month lockdown period globally holds equities in demand as commodity currencies hold to their gains with oil prices climbing above $30 for the first time since mid-March 2020 on hope of growing...
Setup : 1Hour Chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) Our Story: 1. We have hit a Fib Area 2. High Volumes at the bottom close to the 61.8 3. First Push Up, SI=6.8...
Pivot (invalidation): 29.50 Our preference Long positions above 29.50 with targets at 31.45 & 32.50 in extension. Alternative scenario...
Pivot (invalidation): 16.8000 Our preference Long positions above 16.8000 with targets at 17.3000 & 17.6000 in extension. Alternative scenario...
Pivot (invalidation): 1743.00 Our preference Long positions above 1743.00 with targets at 1768.00 & 1780.00 in extension. Alternative scenario...
Pivot (invalidation): 2830.00 Our preference Long positions above 2830.00 with targets at 2880.00 & 2907.00 in extension. Alternative scenario...
Pivot (invalidation): 10380.00 Our preference Long positions above 10380.00 with targets at 10600.00 & 10700.00 in extension. Alternative scenario...
Pivot (invalidation): 6.9190 Our preference Short positions below 6.9190 with targets at 6.8570 & 6.8280 in extension. Alternative scenario...
Pivot (invalidation): 0.6405 Our preference Long positions above 0.6405 with targets at 0.6470 & 0.6495 in extension. Alternative scenario...
Pivot (invalidation): 1.4115 Our preference Short positions below 1.4115 with targets at 1.4050 & 1.4015 in extension. Alternative scenario...
Pivot (invalidation): 0.9725 Our preference Short positions below 0.9725 with targets at 0.9705 & 0.9695 in extension. Alternative scenario...
Pivot (invalidation): 107.30 Our preference Short positions below 107.30 with targets at 107.00 & 106.85 in extension. Alternative scenario...
Pivot (invalidation): 1.2130 Our preference Short positions below 1.2130 with targets at 1.2070 & 1.2040 in extension. Alternative scenario...
Pivot (invalidation): 1.0805 Our preference Long positions above 1.0805 with targets at 1.0835 & 1.0850 in extension. Alternative scenario...
Setup : 1Hour Chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) Our Story: High Volume Wide bar and the next day : Plutus Short Pattern with SI ratio 18.3 /4.4= 4.15...
Technical Analysis- The 4 hour is turning up against 3/09/2020 low (101.16). 1 hour is turning up against 106.71 low. Near-term correction against 3/09/2020 low is proposed complete at 105.96 low, while dips remain above 106.71 low and more importantly above 105...
This week on the EUR/USD currency pair we might expect the price to follow the support level of 1.0800 from february 28th and april 06th, if the price keeps boucing over this level, we might see the pair looking ahead for a resistance at the level of 1.0970 from april 15th and may 4th...