USDCAD bear pressure sets up to extend further following its Friday losses. Support lies at the 1.3200 level where a violation will aim at the 1.3150 level. Further down, support comes in at the 1.3100 level where a break lower may occur. This if seen will trigger further weakness towards the 1...
This is why GBPUSD is turned today. Setup 1HR chart GBPUSD Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) 1. Hit 4HR Fib Area...
Unlike its peer currency, the Aussie, the Kiwi faces the direct consequence of a resumption of trade rhetoric, falling by over 0.50% while AUD appears more robust...
Markets remain shaky at the start of the trading week. Asia equities were lower across the board, pricing in higher trade tensions triggered by recent events. Last week, both China and President Trump, in a sudden escalation, announced new tariffs...
New Traders vs Rich Traders (Written by Steve Burns) Trading in the stock market is like being in a Monopoly game. If there are ten people playing, one person is likely to take everyone else’s money...
Setup 4HR chart GBPJPY Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) This is why GBPJPY turned up 1. Hit Support Level from Weekly chart ( on 34.6 Speed Index) 2...
Pivot (invalidation): 53.85 Our preference Short positions below 53.85 with targets at 53.00 & 52.30 in extension. Alternative scenario...
Pivot (invalidation): 17.4700 Our preference Long positions above 17.4700 with targets at 17.7700 & 17.9300 in extension. Alternative scenario...
Pivot (invalidation): 1530.00 Our preference Long positions above 1530.00 with targets at 1555.00 & 1569.00 in extension. Alternative scenario...
Pivot (invalidation): 2875.00 Our preference Short positions below 2875.00 with targets at 2826.00 & 2800.00 in extension. Alternative scenario...
Pivot (invalidation): 11790.00 Our preference Short positions below 11790.00 with targets at 11560.00 & 11415.00 in extension. Alternative scenario...
Pivot (invalidation): 5.7800 Our preference Long positions above 5.7800 with targets at 5.8350 & 5.8650 in extension...
Pivot (invalidation): 0.6715 Our preference Long positions above 0.6715 with targets at 0.6755 & 0.6775 in extension. Alternative scenario...
Pivot (invalidation): 1.3320 Our preference Short positions below 1.3320 with targets at 1.3275 & 1.3260 in extension. Alternative scenario...
Pivot (invalidation): 0.9715 Our preference Long positions above 0.9715 with targets at 0.9785 & 0.9810 in extension. Alternative scenario...
Pivot (invalidation): 105.10 Our preference Long positions above 105.10 with targets at 106.00 & 106.35 in extension. Alternative scenario...
Pivot (invalidation): 1.2240 Our preference Long positions above 1.2240 with targets at 1.2290 & 1.2310 in extension. Alternative scenario...
Pivot (invalidation): 1.1160 Our preference Short positions below 1.1160 with targets at 1.1115 & 1.1095 in extension. Alternative scenario...
GOLD further bull pressure is envisaged as we look for price extension. On the downside, support comes in at the 1,520.00 level where a break will turn attention to the 1,510.00 level. Further down, a cut through here will open the door for a move lower towards the 1,500.00 level...
