Turning Point and Trend Article - 23 July 2019 Make sure that you read this article for your winning trading. This is free article but it will help you to stay in winning side. Here is the link to the article: turning point and trend. https://algotrading-investment...
GBPJPY bear pressure remains towards 133.84 support zone as we expect more weakness. On the downside, support comes in at the 134.00 level where a violation will aim at the 133.50 level. A break below here will target the 133.00 level followed by the 132.50 level...
Reading our waves we forecast the USDJPY should go down -wait for it to break support. 1. Multiple hits on Resistance 2. High Speed Index 15.1 with high Volume bar - News Time 3. First push down with High Speed Index of 33.5 Finally the last up waves have Higher Speed Index ( 7.8, 7...
GBPUSD Market Outlook - 22 July 2019 Market is pretty tight between bull and bear. British pound is weak today. I have outlined some important resistance and support we need to watch out for your trading...
Perhaps it’s the summer heat is making our focus hazy. In light of the severe heatwave, like a baseball pitcher, we need to approach the markets with a narrow external focus. We have our sights set on FOMC meeting on July 31st. As this is the only thing that matters in our view...
Self-Testing Question on Patterns are Good Predictor of Turning Point We have just released Self-Testing Question on Patterns are good predictor of turning point. Make sure that you attempt to answer these question to check if you are ready for trading in Forex and Stock market...
Pivot (invalidation): 55.50 Our preference Long positions above 55.50 with targets at 56.80 & 57.30 in extension. Alternative scenario Below 55.50 look for further downside with 55.00 & 54.70 as targets...
Pivot (invalidation): 16.1500 Our preference Long positions above 16.1500 with targets at 16.5100 & 16.7300 in extension. Alternative scenario Below 16.1500 look for further downside with 16.0400 & 15.9400 as targets...
Pivot (invalidation): 1435.00 Our preference Short positions below 1435.00 with targets at 1420.00 & 1415.00 in extension. Alternative scenario Above 1435.00 look for further upside with 1441.00 & 1447.00 as targets...
Pivot (invalidation): 2990.00 Our preference Short positions below 2990.00 with targets at 2970.00 & 2956.00 in extension. Alternative scenario Above 2990.00 look for further upside with 3000.00 & 3009.00 as targets...
Pivot (invalidation): 12220.00 Our preference Long positions above 12220.00 with targets at 12340.00 & 12400.00 in extension. Alternative scenario Below 12220.00 look for further downside with 12160.00 & 12100.00 as targets...
Pivot (invalidation): 5.6310 Our preference Long positions above 5.6310 with targets at 5.6850 & 5.7090 in extension. Alternative scenario Below 5.6310 look for further downside with 5.5970 & 5.5620 as targets...
Pivot (invalidation): 0.7050 Our preference Short positions below 0.7050 with targets at 0.7035 & 0.7025 in extension. Alternative scenario Above 0.7050 look for further upside with 0.7065 & 0.7075 as targets...
Pivot (invalidation): 1.3075 Our preference Short positions below 1.3075 with targets at 1.3045 & 1.3030 in extension. Alternative scenario Above 1.3075 look for further upside with 1.3095 & 1.3110 as targets...
Pivot (invalidation): 0.9840 Our preference Short positions below 0.9840 with targets at 0.9805 & 0.9780 in extension. Alternative scenario Above 0.9840 look for further upside with 0.9860 & 0.9875 as targets...
Pivot (invalidation): 107.80 Our preference Long positions above 107.80 with targets at 108.15 & 108.35 in extension. Alternative scenario Below 107.80 look for further downside with 107.65 & 107.50 as targets...
Pivot (invalidation): 1.2520 Our preference Short positions below 1.2520 with targets at 1.2485 & 1.2460 in extension. Alternative scenario Above 1.2520 look for further upside with 1.2540 & 1.2555 as targets...
Pivot (invalidation): 1.1230 Our preference Short positions below 1.1230 with targets at 1.1200 & 1.1180 in extension. Alternative scenario Above 1.1230 look for further upside with 1.1245 & 1.1255 as targets...
EURUSD Market Outlook - 21 July 2019 Overall market is pretty mixed between bull and bear. EURUSD started with moderate bearish sentiment. However, I am little concerned on the D point of bullish BAT pattern. I have outlined in the chart...
GOLD may be biased to the upside in the medium term but faces pullback risk after rejecting higher prices on Friday. On the downside, support comes in at the 1,420.00 level where a break will turn attention to the 1,410.00 level...