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USDCHF with the pair following through lower on the back of its Tuesday price rejection, more weakness is envisaged. Resistance comes in at the 0.9950 level. Above here, resistance lies at the 1.0000 level and then the 1.0050 level. Further out, resistance stands at the 1.0100 level...
The approval by EU leaders of a longer three-month extension until 31 January 2020 finally provided British MPs with good reasons to support early parliamentary elections on 12 December, although Prime Minister Johnson had to find a way around the two-thirds Fixed-term Parliaments Act in order to...
Big day for the US today. First markets will get the first release of GDP then a few hours later the Federal Reserve’s rate decision. But let’s not forget ADP private employment (expectations 110k). US 3Q real GDP is expected to rise 1.5% q/q, decelerating from 2.0% in Q2...
Futures on the DXY dollar index is trading at the beginning of today's European session near 97.42, 18 pips below the opening price of the current trading week and 188 pips below 99.30, near which it was trading earlier this month, when the DXY reached its highest level since March 2017 year...
Pivot (invalidation): 55.90 Our preference Short positions below 55.90 with targets at 54.70 & 54.30 in extension. Alternative scenario...
Pivot (invalidation): 1492.50 Our preference Short positions below 1492.50 with targets at 1483.50 & 1479.00 in extension. Alternative scenario...
Pivot (invalidation): 17.8900 Our preference Short positions below 17.8900 with targets at 17.6800 & 17.5800 in extension. Alternative scenario...
Pivot (invalidation): 3020.00 Our preference Long positions above 3020.00 with targets at 3060.00 & 3070.00 in extension. Alternative scenario...
Pivot (invalidation): 12900.00 Our preference Long positions above 12900.00 with targets at 12985.00 & 13000.00 in extension. Alternative scenario...
Pivot (invalidation): 5.7310 Our preference Long positions above 5.7310 with targets at 5.7740 & 5.7900 in extension. Alternative scenario...
Pivot (invalidation): 0.6845 Our preference Long positions above 0.6845 with targets at 0.6870 & 0.6885 in extension. Alternative scenario...
Pivot (invalidation): 1.3070 Our preference Long positions above 1.3070 with targets at 1.3100 & 1.3120 in extension. Alternative scenario...
Pivot (invalidation): 0.9950 Our preference Short positions below 0.9950 with targets at 0.9930 & 0.9915 in extension. Alternative scenario...
Pivot (invalidation): 109.00 Our preference Short positions below 109.00 with targets at 108.75 & 108.60 in extension. Alternative scenario...
Pivot (invalidation): 1.2840 Our preference Long positions above 1.2840 with targets at 1.2890 & 1.2905 in extension. Alternative scenario...
Pivot (invalidation): 1.1095 Our preference Long positions above 1.1095 with targets at 1.1120 & 1.1135 in extension. Alternative scenario...
I've made a big mistake because of the suspicion that someone could buy EA cheaply because of someone's publicity. Of course I'm not good either, but I think anyone can be suspicious if they offer a lower price...
The still unresolved trade tensions between the US and China, slowing global growth and central bank easing continue to drive emerging market (EM) currencies. In its latest update of the asset class, CIO is looking what's in store for Russia, Brazil and South Africa...
It seems that nothing is much of a surprise according to market participants’ view which are betting on a third Fed rate cut tomorrow, in line with last week soft ECB meeting amid Mario Draghi’s departure...
