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The broker company NordFX has offered its clients one more opportunity for profitable trading and investment in the financial markets in 2020: Copy Trading service...
First, a review of last week’s events: - EUR/USD. The euro is falling again, and it has lost about 70 points to the dollar over the past five days. There are two reasons for this: the coronavirus epidemic in China and the very cautious new ECB Head Christine Lagarde...
Intel Corp. posted strong fourth-quarter earnings that benefited from an upswing in personal-computer shipments and robust demand for chips to power data centers. The chip maker said adjusted earnings per share in the quarter rose to $1.52 from $1.28 in the year-prior period...
The World Health Organization tried to kill the deadly coronavirus by announcing that it is only a local crisis for now in an attempt to stop the panic from spreading, but the sentiment among traders remained sore in Asia. China and South Korea were closed. Nikkei advanced by a timid 0...
Pivot (invalidation): 56.00 Our preference Short positions below 56.00 with targets at 55.15 & 54.75 in extension. Alternative scenario...
Pivot (invalidation): 17.6900 Our preference Long positions above 17.6900 with targets at 17.9000 & 17.9800 in extension. Alternative scenario...
Pivot (invalidation): 1558.00 Our preference Long positions above 1558.00 with targets at 1564.00 & 1568.00 in extension. Alternative scenario...
Pivot (invalidation): 3304.00 Our preference Long positions above 3304.00 with targets at 3337.75 & 3350.00 in extension. Alternative scenario...
Pivot (invalidation): 13470.00 Our preference Short positions below 13470.00 with targets at 13315.00 & 13270.00 in extension. Alternative scenario...
Pivot (invalidation): 5.9450 Our preference Short positions below 5.9450 with targets at 5.9190 & 5.9090 in extension. Alternative scenario...
Pivot (invalidation): 0.6855 Our preference Short positions below 0.6855 with targets at 0.6835 & 0.6825 in extension. Alternative scenario...
Pivot (invalidation): 1.3150 Our preference Short positions below 1.3150 with targets at 1.3110 & 1.3090 in extension. Alternative scenario...
Pivot (invalidation): 0.9685 Our preference Long positions above 0.9685 with targets at 0.9705 & 0.9715 in extension. Alternative scenario...
Pivot (invalidation): 109.40 Our preference Long positions above 109.40 with targets at 109.65 & 109.80 in extension. Alternative scenario...
Pivot (invalidation): 1.3100 Our preference Long positions above 1.3100 with targets at 1.3135 & 1.3155 in extension. Alternative scenario...
Pivot (invalidation): 1.1070 Our preference Short positions below 1.1070 with targets at 1.1035 & 1.1015 in extension. Alternative scenario...
The pair ended a cycle up in wave ((1)) from the 9/3/2019 lows at 1.3519 on 12/13/19. From there a cycle in wave (A) ended at 1.2904 & wave (B) is in progress as a triangle while above the 1.2954 lows where the hourly is turning up...
The 4 hour right side is up against 12883 low from 12/10/2019. The hourly right side is up while above 12942. While above there expect the index to extend higher toward the 14000-14250 area in the daily wave ((3)) before it corrects the cycle from the 8/15/19 lows...
