All Blogs
USDCHF continues to eye further upside pressure following it higher close the past week. Resistance stands at the 1.0050 level. A break of there will clear the way for a run at the 1.0100 level. Above here, resistance lies at the 1.0050 level and then the 1.0150 level...
First, a review of last week’s events: - EUR/USD. Many traders complain of low volatility in the market...
Considering the recent development in USD/ZAR, one has to admit that FX traders remain highly indulgent as to what concerns the South African rand...
This week FX volatility faded further, credit spread tightened while US stocks headed towards 2900. Major central banks issued warning and IMF reduced outlook. Normalization is now a thing of the past for the G10...
Pivot (invalidation): 64.00 Our preference Short positions below 64.00 with targets at 63.30 & 63.15 in extension. Alternative scenario Above 64.00 look for further upside with 64.30 & 64.65 as targets...
Pivot (invalidation): 15.0000 Our preference Short positions below 15.0000 with targets at 14.8800 & 14.8000 in extension. Alternative scenario Above 15.0000 look for further upside with 15.0800 & 15.1500 as targets...
Pivot (invalidation): 1295.00 Our preference Short positions below 1295.00 with targets at 1289.50 & 1286.50 in extension. Alternative scenario Above 1295.00 look for further upside with 1300.00 & 1303.50 as targets...
Pivot (invalidation): 2896.00 Our preference Short positions below 2896.00 with targets at 2869.00 & 2859.25 in extension. Alternative scenario Above 2896.00 look for further upside with 2909.50 & 2920.00 as targets...
Pivot (invalidation): 11850.00 Our preference Long positions above 11850.00 with targets at 12010.00 & 12080.00 in extension. Alternative scenario Below 11850.00 look for further downside with 11794.00 & 11753.00 as targets...
Pivot (invalidation): 5.7200 Our preference Long positions above 5.7200 with targets at 5.7550 & 5.7750 in extension. Alternative scenario Below 5.7200 look for further downside with 5.7000 & 5.6730 as targets...
Pivot (invalidation): 0.7135 Our preference Short positions below 0.7135 with targets at 0.7110 & 0.7090 in extension. Alternative scenario Above 0.7135 look for further upside with 0.7150 & 0.7165 as targets...
Pivot (invalidation): 1.3355 Our preference Long positions above 1.3355 with targets at 1.3390 & 1.3405 in extension. Alternative scenario Below 1.3355 look for further downside with 1.3335 & 1.3310 as targets...
Pivot (invalidation): 1.0010 Our preference Long positions above 1.0010 with targets at 1.0045 & 1.0060 in extension. Alternative scenario Below 1.0010 look for further downside with 0.9990 & 0.9975 as targets...
Pivot (invalidation): 111.50 Our preference Long positions above 111.50 with targets at 111.80 & 112.00 in extension. Alternative scenario Below 111.50 look for further downside with 111.35 & 111.15 as targets...
Pivot (invalidation): 1.3050 Our preference Long positions above 1.3050 with targets at 1.3090 & 1.3110 in extension. Alternative scenario Below 1.3050 look for further downside with 1.3030 & 1.3005 as targets...
Pivot (invalidation): 1.1270 Our preference Long positions above 1.1270 with targets at 1.1300 & 1.1315 in extension. Alternative scenario Below 1.1270 look for further downside with 1.1250 & 1.1235 as targets...
USDJPY sees rally with eyes on 111.82 zone in the days ahead. On the upside, resistance comes in at 112.00 level. Above this level will turn attention to the 112.50 level. Further out, we expect a possible move towards the 113.00 level...
Even the European Council will be placed to meet in Brussels to talk Brexit one day in front of this deadline,” attempting to arrive at an agreement in an expansion or great Britain withdrawal from the EU. This assembly entails the Heads of Government and State of Eu member countries...
Testing on a real tick story - EURUSD,M1 for the year 2015. Broker: Weltrade 1. Testing EA Diamant Scalper ver.1.1 with standard parameters on EURUSD,M1 (2015.01.02-2015.12.31): 2. Testing EA Diamant Scalper ver.1.1 with modified parameters (stoploss off) on EURUSD,M1 (2015.01.02-2015.12...