All Blogs
Pivot (invalidation): 0.9865 Our preference Short positions below 0.9865 with targets at 0.9830 & 0.9815 in extension. Alternative scenario Above 0.9865 look for further upside with 0.9890 & 0.9910 as targets...
Pivot (invalidation): 107.90 Our preference Short positions below 107.90 with targets at 107.35 & 107.10 in extension. Alternative scenario Above 107.90 look for further upside with 108.10 & 108.30 as targets...
Pivot (invalidation): 1.2615 Our preference Short positions below 1.2615 with targets at 1.2585 & 1.2560 in extension. Alternative scenario Above 1.2615 look for further upside with 1.2640 & 1.2670 as targets...
Pivot (invalidation): 1.1310 Our preference Short positions below 1.1310 with targets at 1.1275 & 1.1255 in extension. Alternative scenario Above 1.1310 look for further upside with 1.1330 & 1.1355 as targets...
EURJPY declines with eyes on 121.76 support zone as it holds on its bear pressure. On the downside, support comes in at the 121.00 level where a break if seen will aim at the 120.50 level. A cut through here will turn focus to the 120.00 level and possibly lower towards the 119.50 level...
The Reserve Bank of Australia (RBA) reduced its official Cash rate (OCR) by 25bp taking the policy rate down to a low of 1.00%. Expectations for the move were balanced as Governor Lowe was worried about labor market developments, soft consumption, weak inflation outlook, and macro headwinds...
Over a month has passed since European Parliament successors have been elected while newly elected 28 national leaders from Europe Commission, which already gathered three times this year to elect their President, could not come up with a final decision so far, an unusual case which confirms that...
The US dollar vs. the Japanese yen currency pair bounced off strongly from the 106.88 support, leading to the question whether it's a correction of the descending trend or the first sign of its impending change...
Is EG keep going down? The Forecast is yes, let's read the market: 1. We have hit resistance four times 2. We have hit Support and Fib but with high down volumes 3. High Down volumes 4. Very High Down Volume wave...
Pivot (invalidation): 59.30 Our preference Short positions below 59.30 with targets at 58.35 & 57.95 in extension. Alternative scenario Above 59.30 look for further upside with 59.75 & 60.25 as targets...
Pivot (invalidation): 15.2200 Our preference Short positions below 15.2200 with targets at 15.1000 & 15.0500 in extension. Alternative scenario Above 15.2200 look for further upside with 15.2800 & 15.3400 as targets...
Pivot (invalidation): 1396.00 Our preference Short positions below 1396.00 with targets at 1382.00 & 1373.00 in extension. Alternative scenario Above 1396.00 look for further upside with 1405.00 & 1415.00 as targets...
Pivot (invalidation): 2944.00 Our preference Long positions above 2944.00 with targets at 2977.50 & 3000.00 in extension. Alternative scenario Below 2944.00 look for further downside with 2930.00 & 2912.00 as targets...
Pivot (invalidation): 12480.00 Our preference Long positions above 12480.00 with targets at 12620.00 & 12690.00 in extension. Alternative scenario Below 12480.00 look for further downside with 12400.00 & 12309.00 as targets...
Pivot (invalidation): 5.6830 Our preference Short positions below 5.6830 with targets at 5.6120 & 5.5970 in extension. Alternative scenario Above 5.6830 look for further upside with 5.7040 & 5.7280 as targets...
Pivot (invalidation): 0.6990 Our preference Short positions below 0.6990 with targets at 0.6955 & 0.6940 in extension. Alternative scenario Above 0.6990 look for further upside with 0.7005 & 0.7020 as targets...
Pivot (invalidation): 1.3110 Our preference Long positions above 1.3110 with targets at 1.3145 & 1.3160 in extension. Alternative scenario Below 1.3110 look for further downside with 1.3090 & 1.3075 as targets...
Pivot (invalidation): 0.9845 Our preference Long positions above 0.9845 with targets at 0.9885 & 0.9910 in extension. Alternative scenario Below 0.9845 look for further downside with 0.9825 & 0.9810 as targets...
Pivot (invalidation): 108.15 Our preference Long positions above 108.15 with targets at 108.50 & 108.80 in extension. Alternative scenario Below 108.15 look for further downside with 107.95 & 107.75 as targets...
