EURUSD faces risk of further move higher having rallied of its lows the past week. Resistance comes in at the 1.0900 where a break will turn risk to the 1.0950 level. A breach below here will target the 1.1000 level. Further up, resistance stands at the 1.1050...
It is dangerous to make a leverage trade of currency pairs other than XBTUSD in BitMEX. The recommended currency pair for using BTC Trend Trader is BTCUSD (XBTUSD). This article describes trading with XBTUSD...
First, a review of last week’s events: - EUR/USD. The dollar index has already gained 2.5% since the beginning of February, reaching the highest since May 2017. The euro continues to lose ground. Beginning on January 01, the advance of the dollar has weakened the European currency by 440 points...
News is discouraging, but the US surveys show no evidence of spillover from the coronavirus outbreak. Yesterday’s data showed that the Philadelphia manufacturing index not only rose unexpectedly but also pointed at a three-year high of 36.7 in February, versus 10.1 expected by analysts and 17...
It’s about time we start seeing bad data creeping in and giving us a better perception of the true impact of the coronavirus on the global economy...
Pivot (invalidation): 53.95 Our preference Short positions below 53.95 with targets at 53.25 & 52.70 in extension. Alternative scenario...
Pivot (invalidation): 18.3200 Our preference Long positions above 18.3200 with targets at 18.5400 & 18.6400 in extension. Alternative scenario...
Pivot (invalidation): 1616.00 Our preference Long positions above 1616.00 with targets at 1628.00 & 1635.00 in extension. Alternative scenario...
Pivot (invalidation): 3393.00 Our preference Short positions below 3393.00 with targets at 3352.00 & 3341.00 in extension. Alternative scenario...
Pivot (invalidation): 13740.00 Our preference Short positions below 13740.00 with targets at 13660.00 & 13580.00 in extension. Alternative scenario...
Pivot (invalidation): 6.0900 Our preference Long positions above 6.0900 with targets at 6.1120 & 6.1240 in extension. Alternative scenario...
Pivot (invalidation): 0.6630 Our preference Short positions below 0.6630 with targets at 0.6580 & 0.6560 in extension. Alternative scenario...
Pivot (invalidation): 1.3270 Our preference Short positions below 1.3270 with targets at 1.3240 & 1.3225 in extension. Alternative scenario...
Pivot (invalidation): 0.9845 Our preference Short positions below 0.9845 with targets at 0.9825 & 0.9810 in extension. Alternative scenario...
Pivot (invalidation): 111.75 Our preference Long positions above 111.75 with targets at 112.20 & 112.40 in extension. Alternative scenario...
Pivot (invalidation): 1.2870 Our preference Long positions above 1.2870 with targets at 1.2905 & 1.2930 in extension. Alternative scenario...
Pivot (invalidation): 1.0800 Our preference Short positions below 1.0800 with targets at 1.0780 & 1.0770 in extension. Alternative scenario...
GBPUSD looks to extend downside pressure as it closed lower on Thursday. Support stands at 1.2850 area with a break below that level turning focus to the 1.2800 level. Further down, support lies at the 1.2750 level where a violation will turn focus to the 1.2700 level...
1. Testing on a real tick story - EURUSD,m1 for the year 2015. Broker: Weltrade Testing with standard parameters on EURUSD,m1 (spread 10 pips): Testing with standard parameters on EURUSD,m1 (spread 20 pips...
