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GBPUSD retains downside pressure in the short term following its recent weakness. Support lies at 1.2550 as it looks for more weakness. Below that level will turn attention to the 1.2500 level. Further down, support comes in at the 1.2450 level where a break will turn focus to the 1.2400 level...
Almost six months have passed since the European Commission finally decided in favor of a last-minute six-month extension period of Switzerland’s stock exchange under MiFID II rules...
Pivot (invalidation): 52.20 Our preference Long positions above 52.20 with targets at 53.00 & 53.45 in extension. Alternative scenario Below 52.20 look for further downside with 51.70 & 51.30 as targets...
Pivot (invalidation): 14.9300 Our preference Short positions below 14.9300 with targets at 14.7800 & 14.7200 in extension. Alternative scenario Above 14.9300 look for further upside with 15.0000 & 15.1100 as targets...
Pivot (invalidation): 1347.00 Our preference Short positions below 1347.00 with targets at 1336.00 & 1330.00 in extension. Alternative scenario Above 1347.00 look for further upside with 1351.00 & 1356.00 as targets...
Pivot (invalidation): 2910.00 Our preference Short positions below 2910.00 with targets at 2871.50 & 2851.50 in extension. Alternative scenario Above 2910.00 look for further upside with 2935.00 & 2945.00 as targets...
Pivot (invalidation): 12130.00 Our preference Short positions below 12130.00 with targets at 12000.00 & 11940.00 in extension. Alternative scenario Above 12130.00 look for further upside with 12180.00 & 12225.00 as targets...
Pivot (invalidation): 5.8940 Our preference Long positions above 5.8940 with targets at 5.9320 & 5.9580 in extension. Alternative scenario Below 5.8940 look for further downside with 5.8570 & 5.8360 as targets...
Pivot (invalidation): 0.6890 Our preference Short positions below 0.6890 with targets at 0.6860 & 0.6850 in extension. Alternative scenario Above 0.6890 look for further upside with 0.6905 & 0.6920 as targets...
Pivot (invalidation): 1.3385 Our preference Long positions above 1.3385 with targets at 1.3425 & 1.3440 in extension. Alternative scenario Below 1.3385 look for further downside with 1.3350 & 1.3320 as targets...
Pivot (invalidation): 0.9975 Our preference Long positions above 0.9975 with targets at 1.0000 & 1.0025 in extension. Alternative scenario Below 0.9975 look for further downside with 0.9955 & 0.9940 as targets...
Pivot (invalidation): 1.2620 Our preference Short positions below 1.2620 with targets at 1.2575 & 1.2560 in extension. Alternative scenario Above 1.2620 look for further upside with 1.2650 & 1.2670 as targets...
Pivot (invalidation): 1.2620 Our preference Short positions below 1.2620 with targets at 1.2575 & 1.2560 in extension. Alternative scenario Above 1.2620 look for further upside with 1.2650 & 1.2670 as targets...
Pivot (invalidation): 1.1240 Our preference Short positions below 1.1240 with targets at 1.1200 & 1.1185 in extension. Alternative scenario Above 1.1240 look for further upside with 1.1265 & 1.1285 as targets...
The REAL SCALPER © EA Recommendations...
EURUSD Expects More Weakness On Bear Pressure EURUSD expects more weakness on bear pressure as we enter a new week. Support comes in at the 1.1150 where a violation will turn risk to the 1.1100 level. A break below here will target the 1.1050 level. Further down, support sits at the 1.1000...
First, a review of last week’s events: - EUR/USD. The German Ministry of Economics has issued a gloomy forecast on the global outlook for the leading EU economy...
USDCHF recovery threats expected in the new week following its past week gain. Resistance resides at the 1.0000 level. Above here, resistance lies at the 1.0050 level and then the 1.0100 level. Further out, resistance comes in at the 1.0150 level...
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