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In a series of tweets on 1 August, President Trump announced his intention to impose another round of tariffs on Chinese goods; a new 10% tariff will be applied to the remaining USD 300 bn of US imports from China that were not already impacted by the 25% tariffs, taking effect on 1 September...
Pivot (invalidation): 54.15 Our preference Long positions above 54.15 with targets at 55.35 & 55.95 in extension. Alternative scenario Below 54.15 look for further downside with 53.65 & 52.90 as targets...
Pivot (invalidation): 16.1500 Our preference Long positions above 16.1500 with targets at 16.3800 & 16.4500 in extension. Alternative scenario Below 16.1500 look for further downside with 16.0500 & 15.9000 as targets...
Pivot (invalidation): 1425.00 Our preference Long positions above 1425.00 with targets at 1442.00 & 1449.00 in extension. Alternative scenario Below 1425.00 look for further downside with 1419.00 & 1411.00 as targets...
Pivot (invalidation): 2965.00 Our preference Short positions below 2965.00 with targets at 2941.00 & 2932.00 in extension. Alternative scenario Above 2965.00 look for further upside with 2980.00 & 2997.00 as targets...
Pivot (invalidation): 12150.00 Our preference Long positions above 12150.00 with targets at 12355.00 & 12420.00 in extension. Alternative scenario Below 12150.00 look for further downside with 12070.00 & 12000.00 as targets...
Pivot (invalidation): 5.5880 Our preference Long positions above 5.5880 with targets at 5.6230 & 5.6450 in extension. Alternative scenario Below 5.5880 look for further downside with 5.5610 & 5.5120 as targets...
Pivot (invalidation): 0.6830 Our preference Short positions below 0.6830 with targets at 0.6790 & 0.6765 in extension. Alternative scenario Above 0.6830 look for further upside with 0.6865 & 0.6895 as targets...
Pivot (invalidation): 1.3200 Our preference Long positions above 1.3200 with targets at 1.3245 & 1.3265 in extension. Alternative scenario Below 1.3200 look for further downside with 1.3180 & 1.3155 as targets...
Pivot (invalidation): 0.9910 Our preference Short positions below 0.9910 with targets at 0.9860 & 0.9835 in extension. Alternative scenario Above 0.9910 look for further upside with 0.9925 & 0.9945 as targets...
Pivot (invalidation): 107.55 Our preference Short positions below 107.55 with targets at 106.70 & 106.25 in extension. Alternative scenario Above 107.55 look for further upside with 107.90 & 108.20 as targets...
Pivot (invalidation): 1.2155 Our preference Short positions below 1.2155 with targets at 1.2080 & 1.2035 in extension. Alternative scenario Above 1.2155 look for further upside with 1.2205 & 1.2250 as targets...
Pivot (invalidation): 1.1095 Our preference Short positions below 1.1095 with targets at 1.1060 & 1.1040 in extension. Alternative scenario Above 1.1095 look for further upside with 1.1110 & 1.1135 as targets...
MT4 LINK: https://www.mql5.com/en/market/product/40921 TRADING SETUP 3: BUY SETUP: STEP 2 SHOULD BE BELOW 35 SELL SETUP: STEP 2 SHOULD BE ABOVE 65...
EURUSD Faces Further Bearish Pressure Extension...
AUD bulls should be very satisfied with the recent release of upbeat inflation data in the second quarter...
