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The 4 hour is turning up against 3/09/2020 low (101.19). 1 hour is turning down against 107.46 high. Near-term, while bounces fail below 107.46 high and more importantly below 109.85 high expect pair to extend lower to correct the cycle from 3/09/2020 low in 7 or 11 swings before upside resume...
The principle of constructing indicator lines and their meaning. The Signal Channel indicator uses a robust filtering method based on two moving medians applicable to the High and Low prices, i.e. the lines <High> and <Low>, where <...
Heiken Ashi Scanner Free Heikin-Ashi charts , developed by Munehisa Homma in the 1700s. Munehisa Honma was a rice merchant from Sakata, Japan who traded in the Dojima Rice market in Osaka during the Tokugawa Shogunate. He is considered to be the father of the candlestick chart...
First, a review of last week’s events: - EUR/USD . COVID-19 continues its second attack on the United States. A new spike in incidence is observed in at least seven states...
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Still, shares in Hong Kong (-0.57%) ticked lower, but gains were dominant elsewhere. The ASX 200 and Nikkei advanced 1.55% and 1.40% respectively, as Kospi gained 1.17...
The intense expectation of more fiscal and monetary stimulus wouldn’t let a downside correction develop healthily despite the continuous flow of news getting from bad to worse...
Pivot (invalidation): 38.10 Our preference Long positions above 38.10 with targets at 39.85 & 40.55 in extension. Alternative scenario Below 38.10 look for further downside with 37.60 & 37.10 as targets...
Pivot (invalidation): 17.6000 Our preference Long positions above 17.6000 with targets at 17.8300 & 17.9900 in extension. Alternative scenario Below 17.6000 look for further downside with 17.4500 & 17.3500 as targets...
Pivot (invalidation): 1755.00 Our preference Long positions above 1755.00 with targets at 1769.00 & 1774.00 in extension. Alternative scenario Below 1755.00 look for further downside with 1746.00 & 1741.00 as targets...
Pivot (invalidation): 3038.00 Our preference Long positions above 3038.00 with targets at 3114.00 & 3153.00 in extension. Alternative scenario Below 3038.00 look for further downside with 3000.00 & 2965.00 as targets...
Pivot (invalidation): 11955.00 Our preference Long positions above 11955.00 with targets at 12330.00 & 12440.00 in extension. Alternative scenario Below 11955.00 look for further downside with 11760.00 & 11600.00 as targets...
Pivot (invalidation): 6.8590 Our preference Short positions below 6.8590 with targets at 6.8400 & 6.8320 in extension. Alternative scenario Above 6.8590 look for further upside with 6.8720 & 6.8840 as targets...
Pivot (invalidation): 0.6860 Our preference Long positions above 0.6860 with targets at 0.6900 & 0.6920 in extension. Alternative scenario Below 0.6860 look for further downside with 0.6845 & 0.6825 as targets...
Pivot (invalidation): 1.3660 Our preference Short positions below 1.3660 with targets at 1.3620 & 1.3605 in extension. Alternative scenario Above 1.3660 look for further upside with 1.3685 & 1.3710 as targets...
Pivot (invalidation): 0.9495 Our preference Short positions below 0.9495 with targets at 0.9470 & 0.9460 in extension. Alternative scenario Above 0.9495 look for further upside with 0.9510 & 0.9525 as targets...
Pivot (invalidation): 107.25 Our preference Short positions below 107.25 with targets at 107.00 & 106.80 in extension. Alternative scenario Above 107.25 look for further upside with 107.45 & 107.65 as targets...
Pivot (invalidation): 1.2400 Our preference Long positions above 1.2400 with targets at 1.2430 & 1.2450 in extension. Alternative scenario Below 1.2400 look for further downside with 1.2380 & 1.2360 as targets...