Pivot (invalidation): 52.90 Our preference Short positions below 52.90 with targets at 51.85 & 51.40 in extension. Alternative scenario...
Pivot (invalidation): 17.5100 Our preference Long positions above 17.5100 with targets at 17.7100 & 17.7900 in extension. Alternative scenario...
Pivot (invalidation): 1503.00 Our preference Long positions above 1503.00 with targets at 1514.00 & 1519.50 in extension. Alternative scenario...
Pivot (invalidation): 2893.00 Our preference Long positions above 2893.00 with targets at 2925.00 & 2939.00 in extension. Alternative scenario...
Pivot (invalidation): 12060.00 Our preference Short positions below 12060.00 with targets at 11860.00 & 11760.00 in extension. Alternative scenario...
Pivot (invalidation): 5.7000 Our preference Short positions below 5.7000 with targets at 5.6830 & 5.6740 in extension. Alternative scenario...
Pivot (invalidation): 0.6740 Our preference Long positions above 0.6740 with targets at 0.6765 & 0.6780 in extension. Alternative scenario...
Pivot (invalidation): 1.3315 Our preference Long positions above 1.3315 with targets at 1.3345 & 1.3365 in extension. Alternative scenario...
Pivot (invalidation): 1.0000 Our preference Short positions below 1.0000 with targets at 0.9965 & 0.9950 in extension. Alternative scenario...
Pivot (invalidation): 107.00 Our preference Short positions below 107.00 with targets at 106.65 & 106.45 in extension. Alternative scenario...
Pivot (invalidation): 1.2325 Our preference Long positions above 1.2325 with targets at 1.2375 & 1.2410 in extension. Alternative scenario...
Pivot (invalidation): 1.0960 Our preference Long positions above 1.0960 with targets at 1.1000 & 1.1025 in extension. Alternative scenario...
GBPUSD rallied on Thursday as it followed through higher on the back of its Wednesday gain. Support lies at 1.2350 area with a break below that level turning attention to the 1.2300 level. Further down, support lies at the 1.2250 level where a violation will shift focus to the 1.2200 level...
The foreign exchange markets may be thrilling and profitable for buying and selling should you completely perceive how you can purchase and promote currencies. For those who're drawn to this space, you would possibly even wish to make it your profession...
Global stocks fell on Wednesday as investors reacted to further signs of an economic slowdown. The immediate catalyst for the decline was the release of weaker US jobs data. September private payrolls rose at the slowest pace in three months and August job growth was revised lower...
Things seem to converge in favor of the Swiss National Bank when it comes to FX valuation. One might wonder why the safe-haven CHF depreciated in the past few days when demand for JPY only increased due to a broad risk-off sentiment...
Pivot (invalidation): 53.50 Our preference Short positions below 53.50 with targets at 52.15 & 51.70 in extension. Alternative scenario...
Pivot (invalidation): 17.4800 Our preference Long positions above 17.4800 with targets at 17.6700 & 17.7600 in extension. Alternative scenario...
Pivot (invalidation): 1493.00 Our preference Long positions above 1493.00 with targets at 1505.00 & 1511.00 in extension. Alternative scenario...
