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For this analysis I use iPump indicator https://www.mql5.com/en/market/product/39895 EUR / USD On Friday, the EUR / USD pair was trading higher and closed the day in positive territory around $ 1.1840. The pair has also increased slightly today, rising to $ 1.1865...
Gold remained bid above the $1930 per oz, but investors remain in a wait-and-see mode following the severe downside correction that dragged the price of an ounce by up to $200 last week...
Equities in Asia kicked off the week on a mixed note. Nikkei (-0.63%) fell as the data showed the Japanese economy contracted 7.8% in the second quarter and 27.8% on annualized basis, the worst figures on record, as the pandemic took a heavy toll on consumption, capital expenditure and exports...
Pivot (invalidation): 42.05 Our preference Long positions above 42.05 with targets at 42.55 & 42.90 in extension. Alternative scenario Below 42.05 look for further downside with 41.85 & 41.65 as targets...
Pivot (invalidation): 26.8000 Our preference Short positions below 26.8000 with targets at 25.7000 & 24.9000 in extension. Alternative scenario Above 26.8000 look for further upside with 27.7000 & 28.2500 as targets...
Pivot (invalidation): 1956.00 Our preference Short positions below 1956.00 with targets at 1920.00 & 1906.00 in extension. Alternative scenario Above 1956.00 look for further upside with 1966.00 & 1983.00 as targets...
Pivot (invalidation): 3378.00 Our preference Short positions below 3378.00 with targets at 3350.00 & 3327.00 in extension. Alternative scenario Above 3378.00 look for further upside with 3400.00 & 3415.00 as targets...
Pivot (invalidation): 12955.00 Our preference Short positions below 12955.00 with targets at 12800.00 & 12730.00 in extension. Alternative scenario Above 12955.00 look for further upside with 13040.00 & 13100.00 as targets...
Pivot (invalidation): 7.3490 Our preference Long positions above 7.3490 with targets at 7.3850 & 7.4000 in extension. Alternative scenario Below 7.3490 look for further downside with 7.3180 & 7.2970 as targets...
Pivot (invalidation): 0.7165 Our preference Long positions above 0.7165 with targets at 0.7200 & 0.7215 in extension. Alternative scenario Below 0.7165 look for further downside with 0.7145 & 0.7130 as targets...
USD/CAD Key resistance at 1.3270. Pivot (invalidation): 1.3270 Our preference Short positions below 1.3270 with targets at 1.3230 & 1.3205 in extension. Alternative scenario...
Pivot (invalidation): 0.9100 Our preference Short positions below 0.9100 with targets at 0.9075 & 0.9060 in extension. Alternative scenario Above 0.9100 look for further upside with 0.9115 & 0.9125 as targets...
Pivot (invalidation): 106.70 Our preference Short positions below 106.70 with targets at 106.40 & 106.20 in extension. Alternative scenario Above 106.70 look for further upside with 106.85 & 107.05 as targets...
Pivot (invalidation): 1.3080 Our preference Long positions above 1.3080 with targets at 1.3115 & 1.3130 in extension. Alternative scenario Below 1.3080 look for further downside with 1.3060 & 1.3045 as targets...
Pivot (invalidation): 1.1830 Our preference Long positions above 1.1830 with targets at 1.1885 & 1.1900 in extension. Alternative scenario Below 1.1830 look for further downside with 1.1805 & 1.1780 as targets...
This article is a User Guide for Trend Power for MT4 Indicator . It describes all its parts and parameters. This indicator best suites for Adam Khoo's forex trading strategies. By default it is configured to use his EMAs and SMAs periods...
Ultimate Support & Resistance Advanced Support & Resistance Trading Made Easy Read on to discover about pivots and how they can help your trading...
First, a review of last week’s events: - EUR/USD . Citing data from the Labor Department, optimists say that the U.S. economic recovery is gaining momentum. The pandemic-stricken labour market is beginning to recover and may have already overcome the worst stage of the crisis...