First, a review of last week’s events: - EUR/USD. The dollar index has already gained 2.5% since the beginning of February, reaching the highest since May 2017. The euro continues to lose ground. Beginning on January 01, the advance of the dollar has weakened the European currency by 440 points...
What's next on AUD, NZD and JPY? Today we'll have a closer look at the Asian currencies AUD, NZD and JPY...
Pivot (invalidation): 53.95 Our preference Short positions below 53.95 with targets at 53.25 & 52.70 in extension. Alternative scenario...
Pivot (invalidation): 18.3200 Our preference Long positions above 18.3200 with targets at 18.5400 & 18.6400 in extension. Alternative scenario...
Pivot (invalidation): 1616.00 Our preference Long positions above 1616.00 with targets at 1628.00 & 1635.00 in extension. Alternative scenario...
Pivot (invalidation): 3393.00 Our preference Short positions below 3393.00 with targets at 3352.00 & 3341.00 in extension. Alternative scenario...
Pivot (invalidation): 13740.00 Our preference Short positions below 13740.00 with targets at 13660.00 & 13580.00 in extension. Alternative scenario...
Pivot (invalidation): 6.0900 Our preference Long positions above 6.0900 with targets at 6.1120 & 6.1240 in extension. Alternative scenario...
Pivot (invalidation): 0.6630 Our preference Short positions below 0.6630 with targets at 0.6580 & 0.6560 in extension. Alternative scenario...
Pivot (invalidation): 1.3270 Our preference Short positions below 1.3270 with targets at 1.3240 & 1.3225 in extension. Alternative scenario...
Pivot (invalidation): 0.9845 Our preference Short positions below 0.9845 with targets at 0.9825 & 0.9810 in extension. Alternative scenario...
Pivot (invalidation): 111.75 Our preference Long positions above 111.75 with targets at 112.20 & 112.40 in extension. Alternative scenario...
Pivot (invalidation): 1.2870 Our preference Long positions above 1.2870 with targets at 1.2905 & 1.2930 in extension. Alternative scenario...
Pivot (invalidation): 1.0800 Our preference Short positions below 1.0800 with targets at 1.0780 & 1.0770 in extension. Alternative scenario...
GBPUSD looks to extend downside pressure as it closed lower on Thursday. Support stands at 1.2850 area with a break below that level turning focus to the 1.2800 level. Further down, support lies at the 1.2750 level where a violation will turn focus to the 1.2700 level...
The EUR Downtrend is over Today I want to explain how I came to this conclusion If we check the detailed FX Trend analysis of EURUSD you might think I'm totally wrong...
Pivot (invalidation): 53.30 Our preference Long positions above 53.30 with targets at 54.10 & 54.40 in extension. Alternative scenario...
Pivot (invalidation): 18.2000 Our preference Long positions above 18.2000 with targets at 18.5400 & 18.6400 in extension. Alternative scenario...
Pivot (invalidation): 1603.00 Our preference Long positions above 1603.00 with targets at 1616.00 & 1620.00 in extension. Alternative scenario...
