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Forex Trading is a fast growing activity in my country, and I Have come to notice that most of the people are using Demo-Accounts. With the majority they fear that this could be a big scam...
USDJPY continues to hold below key resistance at 109.99 level as it looks for more weakness in the days ahead. On the upside, resistance comes in at 110.00 level. Above here will turn attention to the 110.50 level. Further out, we expect a possible move towards the 111...
Sentiment is weak today, as investors wait on sales forecasts for 2019. Attention will be on European Central Bank President Mario Draghi’s speech before the European Parliament. Following last week’s ECB meeting, Draghi will likely not provide new information...
It’s such a mess that even the apolitical Queen Elisabeth has weighed in, asking her kingdom to “seek out common ground and grasp the big picture.” A second Withdrawal Agreement (i.e. Brexit), not fundamentally different to the first, will be proposed on Tuesday...
Pivot (invalidation): 53.80 Our preference Short positions below 53.80 with targets at 52.90 & 52.55 in extension. Alternative scenario Above 53.80 look for further upside with 54.15 & 54.50 as targets...
Pivot (invalidation): 15.6900 Our preference Long positions above 15.6900 with targets at 15.8700 & 15.9800 in extension. Alternative scenario Below 15.6900 look for further downside with 15.6200 & 15.5500 as targets...
Pivot (invalidation): 1299.00 Our preference Long positions above 1299.00 with targets at 1304.00 & 1307.00 in extension. Alternative scenario Below 1299.00 look for further downside with 1296.50 & 1293.50 as targets...
Pivot (invalidation): 2642.75 Our preference Long positions above 2642.75 with targets at 2676.00 & 2695.00 in extension. Alternative scenario Below 2642.75 look for further downside with 2626.50 & 2613.00 as targets...
Pivot (invalidation): 11170.00 Our preference Long positions above 11170.00 with targets at 11390.00 & 11460.00 in extension. Alternative scenario Below 11170.00 look for further downside with 11120.00 & 11060.00 as targets...
Pivot (invalidation): 5.2770 Our preference Short positions below 5.2770 with targets at 5.2420 & 5.2200 in extension. Alternative scenario Above 5.2770 look for further upside with 5.2940 & 5.3150 as targets...
Pivot (invalidation): 0.7180 Our preference Long positions above 0.7180 with targets at 0.7215 & 0.7235 in extension. Alternative scenario Below 0.7180 look for further downside with 0.7165 & 0.7150 as targets...
Pivot (invalidation): 1.3240 Our preference Short positions below 1.3240 with targets at 1.3180 & 1.3155 in extension. Alternative scenario Above 1.3240 look for further upside with 1.3270 & 1.3300 as targets...
Pivot (invalidation): 0.9935 Our preference Short positions below 0.9935 with targets at 0.9900 & 0.9885 in extension. Alternative scenario Above 0.9935 look for further upside with 0.9950 & 0.9975 as targets...
Pivot (invalidation): 109.70 Our preference Short positions below 109.70 with targets at 109.10 & 108.85 in extension. Alternative scenario Above 109.70 look for further upside with 109.95 & 110.25 as targets...
Pivot (invalidation): 1.3150 Our preference Long positions above 1.3150 with targets at 1.3260 & 1.3300 in extension. Alternative scenario Below 1.3150 look for further downside with 1.3080 & 1.3010 as targets...
Pivot (invalidation): 1.1395 Our preference Long positions above 1.1395 with targets at 1.1435 & 1.1455 in extension. Alternative scenario Below 1.1395 look for further downside with 1.1370 & 1.1350 as targets...
Version 5.00 updated October 03, 2019. ProjectX is an automated trading robot adviser using several trading strategies: scalping, intraday trading, netting. As inputs, indicators and candlestick analysis are used...
Everyone that comes to trading has one goal in their mind which is to become a successful and consistently profitable trader, but as we all know it is the opposite that happens because 80 to 90 percent of traders in this market fail miserably somewhere along the way...
EURO BROKE NOVEMBER Trend Line: In last week’s forecast, ” In the event, the 11306 level has been broken, then leaning in direction of Maximum momentum and/or pull back strategies as having a way worthwhile considering...
