Hello traders, Greetings. At the end of this week, before and after Christmas and towards the new year 2020, -- I see many real accounts that are still experiencing minus floating at the end of this week. -- At least the last time I saw them was on Friday Dec 27, 2019 after the market closed...
EURUSD with the pair continuing to retain its upside pressure following a rally on Friday, more strength is expected. Resistance comes in at the 1.1200 where a break will turn risk to the 1.1250 level. A breach below here will target the 1.1300 level. Further up, resistance stands at the 1.1350...
Pivot (invalidation): 61.35 Our preference Long positions above 61.35 with targets at 62.05 & 62.50 in extension. Alternative scenario...
Pivot (invalidation): 17.7400 Our preference Long positions above 17.7400 with targets at 18.0500 & 18.2200 in extension. Alternative scenario...
Pivot (invalidation): 3220.50 Our preference Long positions above 3220.50 with targets at 3250.00 & 3263.00 in extension. Alternative scenario...
Pivot (invalidation): 1506.50 Our preference Long positions above 1506.50 with targets at 1516.00 & 1521.50 in extension. Alternative scenario...
Pivot (invalidation): 13230.00 Our preference Long positions above 13230.00 with targets at 13390.00 & 13425.00 in extension. Alternative scenario...
Pivot (invalidation): 5.9450 Our preference Short positions below 5.9450 with targets at 5.9150 & 5.8950 in extension. Alternative scenario...
Pivot (invalidation): 0.6930 Our preference Long positions above 0.6930 with targets at 0.6970 & 0.6985 in extension. Alternative scenario...
Pivot (invalidation): 1.3125 Our preference Short positions below 1.3125 with targets at 1.3090 & 1.3075 in extension. Alternative scenario...
Pivot (invalidation): 0.9820 Our preference Short positions below 0.9820 with targets at 0.9790 & 0.9770 in extension. Alternative scenario...
Pivot (invalidation): 109.60 Our preference Short positions below 109.60 with targets at 109.35 & 109.25 in extension. Alternative scenario...
Pivot (invalidation): 1.2960 Our preference Long positions above 1.2960 with targets at 1.3015 & 1.3050 in extension. Alternative scenario...
Pivot (invalidation): 1.1100 Our preference Long positions above 1.1100 with targets at 1.1130 & 1.1145 in extension. Alternative scenario...
What to expect from major currency pairs in the New year. There is no doubt that the vast majority of brokerage companies and private traders consider the EUR/USD pair as one of the main tools for their work. Different sources say that this pair holds from 22% to 32% of the Forex market...
Pivot (invalidation): 60.30 Our preference Long positions above 60.30 with targets at 60.80 & 61.05 in extension. Alternative scenario...
