All Blogs
The pair ended a cycle up in wave ((1)) from the 9/3/2019 lows at 1.3519 on 12/13/19. From there a cycle in wave (A) ended at 1.2904 & wave (B) is favored ended at 1.3287. While a bounce fails below 1...
AUDUSD looks to extend further downside pressure after declining further on Tuesday. On the downside, support comes in at the 1.6800 level. A cut through here will turn focus to the 0.6750 level and then the 0.6700 level. A violation will set the stage for a retarget of the 0.6650 level...
The 4 Hour right is up against 126.54 low from 8/11/2019. The cycle from there in wave (A) ended at 148.07 . While above 140.79 where the hourly is turning up a bounce to correct the cycle lower from there can develop. While below the 148...
UBS Group AG has cut its mid-term guidance after missing its key targets for 2019. The results come as the Swiss bank, one of the world's largest wealth managers for rich clients, is revamping its investment bank and wealth management arms, shedding jobs and reorganizing businesses...
Good news regarding global trade continue flowing in as if to cover up Trump’s impeachment story and keep the market’s attention elsewhere. This time, Trump and French President Macron shook hands to pause their digital tax dispute and prevent an escalation of tariffs this year...
Pivot (invalidation): 58.90 Our preference Short positions below 58.90 with targets at 58.30 & 57.90 in extension. Alternative scenario...
Pivot (invalidation): 17.9900 Our preference Long positions above 17.9900 with targets at 18.2400 & 18.3300 in extension. Alternative scenario...
Pivot (invalidation): 1560.00 Our preference Long positions above 1560.00 with targets at 1570.00 & 1575.00 in extension. Alternative scenario...
Pivot (invalidation): 3335.00 Our preference Short positions below 3335.00 with targets at 3310.00 & 3297.00 in extension. Alternative scenario...
Pivot (invalidation): 13480.00 Our preference Long positions above 13480.00 with targets at 13586.00 & 13640.00 in extension. Alternative scenario...
Pivot (invalidation): 5.9070 Our preference Long positions above 5.9070 with targets at 5.9300 & 5.9450 in extension. Alternative scenario...
Pivot (invalidation): 0.6880 Our preference Short positions below 0.6880 with targets at 0.6845 & 0.6825 in extension. Alternative scenario...
Pivot (invalidation): 0.9690 Our preference Short positions below 0.9690 with targets at 0.9665 & 0.9650 in extension. Alternative scenario...
Pivot (invalidation): 1.3040 Our preference Long positions above 1.3040 with targets at 1.3075 & 1.3090 in extension. Alternative scenario...
Pivot (invalidation): 110.12 Our preference Short positions below 110.12 with targets at 109.90 & 109.75 in extension. Alternative scenario...
Pivot (invalidation): 1.2985 Our preference Long positions above 1.2985 with targets at 1.3030 & 1.3045 in extension. Alternative scenario...
Pivot (invalidation): 1.1080 Our preference Long positions above 1.1080 with targets at 1.1110 & 1.1120 in extension. Alternative scenario...
The intention of the dashboard is to provide a quick overview of the daily, weekly and monthly range of configured assets. In "single asset mode" the dashboard shows you possible reversal points directly in the chart, thus making statistics directly tradable...
Trading is hard. Even the little mistakes can have a negative impact on your bottom line. Below I have shared mistakes that I’ve made in the past, grouped into 4 different categories. Hopefully you can avoid these mistakes yourselves...
MetaTrader sees the Windows Updates as a new operating system...
