CURRENCY STRENGTH OVERVIEW TODAY Market strong movement in middle timeframes gives many opportunity for scalpers today. Weak currencies are AUD NZD. Strong currencies are USD CAD...
Pivot (invalidation): 53.65 Our preference Long positions above 53.65 with targets at 54.50 & 54.95 in extension. Alternative scenario...
Pivot (invalidation): 17.6400 Our preference Short positions below 17.6400 with targets at 17.3600 & 17.2000 in extension. Alternative scenario...
Pivot (invalidation): 13400.00 Our preference Short positions below 13400.00 with targets at 13230.00 & 13160.00 in extension. Alternative scenario...
Pivot (invalidation): 1570.00 Our preference Short positions below 1570.00 with targets at 1563.00 & 1560.00 in extension. Alternative scenario...
Pivot (invalidation): 3258.00 Our preference Long positions above 3258.00 with targets at 3304.00 & 3337.00 in extension. Alternative scenario...
Pivot (invalidation): 5.9490 Our preference Short positions below 5.9490 with targets at 5.9330 & 5.9230 in extension. Alternative scenario...
Pivot (invalidation): 0.6755 Our preference Long positions above 0.6755 with targets at 0.6800 & 0.6820 in extension. Alternative scenario...
Pivot (invalidation): 1.3180 Our preference Short positions below 1.3180 with targets at 1.3150 & 1.3135 in extension. Alternative scenario...
Pivot (invalidation): 0.9725 Our preference Long positions above 0.9725 with targets at 0.9760 & 0.9775 in extension. Alternative scenario...
Pivot (invalidation): 109.00 Our preference Long positions above 109.00 with targets at 109.30 & 109.45 in extension. Alternative scenario...
Pivot (invalidation): 1.3000 Our preference Long positions above 1.3000 with targets at 1.3040 & 1.3065 in extension. Alternative scenario...
Pivot (invalidation): 1.1025 Our preference Short positions below 1.1025 with targets at 1.1005 & 1.0995 in extension. Alternative scenario...
Gold is favored to remain in the cycle up from 8/16/2018 lows where the daily right side is up. A pullback to correct the cycle from the 8/16/2018 wave ((2)) lows ended wave ((4)) at 1447 on 11/12/19 where the 4 hour is turning up...
GBPUSD faces further downside pressure as it trades towards the 1.2953 level. Support stands at 1.2950 area with a break below that level turning focus to the 1.2900 level. Further down, support lies at the 1.2850 level where a violation will turn focus to the 1.2800 level...
Pivot (invalidation): 18.1600 Our preference Short positions below 18.1600 with targets at 17.9800 & 17.8900 in extension. Alternative scenario...
Pivot (invalidation): 53.70 Our preference Short positions below 53.70 with targets at 52.10 & 51.70 in extension. Alternative scenario...
Pivot (invalidation): 1586.00 Our preference Short positions below 1586.00 with targets at 1575.50 & 1571.00 in extension. Alternative scenario...
Pivot (invalidation): 3260.00 Our preference Short positions below 3260.00 with targets at 3235.00 & 3215.00 in extension. Alternative scenario...
