GOLD broader bias remains higher but with corrective warning. On the downside, support comes in at the 1,500.00 level where a break will turn attention to the 1,490.00 level. Further down, a cut through here will open the door for a move lower towards the 1,480.00 level...
EURUSD looks to recapture the 1.1026 support zone as it retains its broader weakness. Support comes in at the 1.1050 where a violation will turn risk to the 1.1000 level. A break below here will target the 1.1050 level. Further down, support sits at the 1.0950...
First, a review of last week’s events: - EUR/USD. As expected by most experts, supported by graphical analysis, the dollar went up last week, while the EUR/USD pair went down along with the euro. True, it did not reach the set target, the low of August 1, 1...
Pivot (invalidation): 54.05 Our preference Long positions above 54.05 with targets at 55.90 & 56.45 in extension. Alternative scenario...
Pivot (invalidation): 17.3900 Our preference Short positions below 17.3900 with targets at 17.0800 & 17.0000 in extension. Alternative scenario...
Pivot (invalidation): 1515.00 Our preference Long positions above 1515.00 with targets at 1528.00 & 1535.00 in extension. Alternative scenario...
Pivot (invalidation): 2874.00 Our preference Short positions below 2874.00 with targets at 2822.00 & 2797.00 in extension. Alternative scenario...
Pivot (invalidation): 11560.00 Our preference Short positions below 11560.00 with targets at 11250.00 & 11100.00 in extension. Alternative scenario...
Pivot (invalidation): 5.5790 Our preference Short positions below 5.5790 with targets at 5.5530 & 5.5350 in extension. Alternative scenario...
Pivot (invalidation): 0.6770 Our preference Long positions above 0.6770 with targets at 0.6800 & 0.6815 in extension. Alternative scenario...
Pivot (invalidation): 1.3300 Our preference Long positions above 1.3300 with targets at 1.3335 & 1.3355 in extension. Alternative scenario...
Pivot (invalidation): 0.9755 Our preference Long positions above 0.9755 with targets at 0.9810 & 0.9830 in extension. Alternative scenario...
Pivot (invalidation): 105.90 Our preference Long positions above 105.90 with targets at 106.35 & 106.60 in extension. Alternative scenario...
Pivot (invalidation): 1.2100 Our preference Short positions below 1.2100 with targets at 1.2075 & 1.2060 in extension. Alternative scenario...
Pivot (invalidation): 1.1115 Our preference Short positions below 1.1115 with targets at 1.1090 & 1.1075 in extension. Alternative scenario...
EURJPY remains vulnerable with eyes on further weakness. On the downside, support comes in at the 117.50 level where a break if it occurs aiming at the 117.00 level. A break through here will turn focus to the 116.50 level and possibly lower towards the 116.00 level...
Optimizing True Direction Oscillator (Part Two) Hello TDO community, In my previous blog I showed you how to: Optimize Indicator Parameters. Optimize your Risk Return Ratio or RRR. Optimize Lot Size. You can read the previous blog from here: https://www.mql5...
Pivot (invalidation): 55.70 Our preference Short positions below 55.70 with targets at 54.05 & 53.55 in extension. Alternative scenario...
Pivot (invalidation): 17.1500 Our preference Long positions above 17.1500 with targets at 17.5000 & 17.6400 in extension. Alternative scenario...
