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Fears of contagion related to the Turkish banking system continues to spread, pushing the Turkish lira downward as inflation continues to grow at a higher pace than expected...
After extending gains against most of its peers amid renewed concerns over trade tensions, the greenback started the week slowly and consolidated gains. The dollar index stabilised around 95.10 as EUR/USD rose 0.15% to 1.1618, while the pound sterling eased -0.33% to 1...
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Pivot (invalidation): 70.00 Our preference Short positions below 70.00 with targets at 69.35 & 68.95 in extension. Alternative scenario Above 70.00 look for further upside with 70.50 & 70.95 as targets...
Pivot (invalidation): 14.5300 Our preference Short positions below 14.5300 with targets at 14.3600 & 14.2600 in extension. Alternative scenario Above 14.5300 look for further upside with 14.6000 & 14.7000 as targets...
Pivot (invalidation): 1204.50 Our preference Short positions below 1204.50 with targets at 1195.50 & 1192.00 in extension. Alternative scenario Above 1204.50 look for further upside with 1209.00 & 1212.00 as targets...
Pivot (invalidation): 2892.00 Our preference Long positions above 2892.00 with targets at 2917.00 & 2925.00 in extension. Alternative scenario Below 2892.00 look for further downside with 2885.00 & 2875.00 as targets...
Pivot (invalidation): 12414.00 Our preference Short positions below 12414.00 with targets at 12324.00 & 12274.00 in extension. Alternative scenario Above 12414.00 look for further upside with 12464.00 & 12494.00 as targets...
Pivot (invalidation): 6.5165 Our preference Long positions above 6.5165 with targets at 6.7000 & 6.7940 in extension. Alternative scenario Below 6.5165 look for further downside with 6.4000 & 6.2880 as targets...
Pivot (invalidation): 0.7215 Our preference Short positions below 0.7215 with targets at 0.7160 & 0.7135 in extension. Alternative scenario Above 0.7215 look for further upside with 0.7240 & 0.7275 as targets...
Pivot (invalidation): 1.3030 Our preference Long positions above 1.3030 with targets at 1.3090 & 1.3125 in extension. Alternative scenario Below 1.3030 look for further downside with 1.2990 & 1.2965 as targets...
Pivot (invalidation): 0.9675 Our preference Long positions above 0.9675 with targets at 0.9715 & 0.9740 in extension. Alternative scenario Below 0.9675 look for further downside with 0.9655 & 0.9640 as targets...
Pivot (invalidation): 111.05 Our preference Short positions below 111.05 with targets at 110.85 & 110.65 in extension. Alternative scenario Above 111.05 look for further upside with 111.20 & 111.35 as targets...
Pivot (invalidation): 1.2970 Our preference Short positions below 1.2970 with targets at 1.2900 & 1.2860 in extension. Alternative scenario Above 1.2970 look for further upside with 1.3000 & 1.3030 as targets...
Pivot (invalidation): 1.1630 Our preference Short positions below 1.1630 with targets at 1.1580 & 1.1555 in extension. Alternative scenario Above 1.1630 look for further upside with 1.1655 & 1.1675 as targets...
EURUSD: The pair looks to pullback in the new week after turning lower the past week. On the upside, resistance comes in at 1.1650 level with a break through there opening the door for more upside towards the 1.1700 level. Further up, resistance lies at the 1...
Hello traders, greetings. EURUSD Here I will share in identifying sideways area and next strong actual Support for this week. People who understand this picture will get benefit, otherwise trading forex is not suitable for them...
Your Beliefs About Trading You do not trade the markets—no one does. Now that might sound surprising to many of you. But what you really trade are your beliefs about the market. Furthermore, your ability to do so is tempered by your beliefs about yourself...
First, a review of last week’s events: - EUR/USD. As expected, the week was full of multidirectional economic news, which caused first growth, and then the fall of this pair...
USDCHF: Risk Continues To Point Lower, Eyes 1.9600 Region USDCHF: The With the pair selling off the past week, more weakness is envisaged in the new week. On the downside, support lies at the 0.9650 level. A turn below here will open the door for more weakness towards the 0...
