First, a review of last week’s events: - EUR/USD. Starting on Monday from the level of 1.1110, the pair went up, as expected by most experts. The market did not react to the initiated impeachment of the US President Trump, and the S&P500 Index once again updated the historical maximum...
GBPUSD remains vulnerable to the downside as we look for more weakness. Support lies at 1.3000 area with a break below that level turning focus to the 1.2950 level. Further down, support comes in the 1.2900 level where a violation will shift focus to the 1.2850 level...
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Setup 1Hour Chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) This is Why the Forecast notes for a Bullish Move. 1. Hit Resistance 2. High Down Volume Wave without the respective pip move...
Pivot (invalidation): 60.70 Our preference Long positions above 60.70 with targets at 61.40 & 61.60 in extension. Alternative scenario...
Pivot (invalidation): 17.0000 Our preference Long positions above 17.0000 with targets at 17.1200 & 17.1700 in extension. Alternative scenario...
Pivot (invalidation): 1476.50 Our preference Long positions above 1476.50 with targets at 1481.50 & 1484.00 in extension. Alternative scenario...
Pivot (invalidation): 3190.00 Our preference Long positions above 3190.00 with targets at 3210.00 & 3225.00 in extension. Alternative scenario...
Pivot (invalidation): 13140.00 Our preference Long positions above 13140.00 with targets at 13250.00 & 13315.00 in extension. Alternative scenario...
Pivot (invalidation): 5.9250 Our preference Long positions above 5.9250 with targets at 5.9550 & 5.9700 in extension. Alternative scenario...
Pivot (invalidation): 0.6880 Our preference Long positions above 0.6880 with targets at 0.6905 & 0.6920 in extension. Alternative scenario...
Pivot (invalidation): 1.3115 Our preference Long positions above 1.3115 with targets at 1.3150 & 1.3165 in extension. Alternative scenario...
Pivot (invalidation): 0.9770 Our preference Long positions above 0.9770 with targets at 0.9810 & 0.9820 in extension. Alternative scenario...
Pivot (invalidation): 109.20 Our preference Long positions above 109.20 with targets at 109.40 & 109.50 in extension. Alternative scenario...
Pivot (invalidation): 1.3055 Our preference Short positions below 1.3055 with targets at 1.2990 & 1.2955 in extension. Alternative scenario...
Pivot (invalidation): 1.1130 Our preference Short positions below 1.1130 with targets at 1.1110 & 1.1095 in extension. Alternative scenario...
EURJPY faces further downside pressure as it looks to weaken further towards its key support at 121.01. On the downside, support comes in at the 121.00 level where a break if seen will aim at the 120.50 level. A cut through here will turn focus to the 120...
Pivot (invalidation): 60.65 Our preference Long positions above 60.65 with targets at 61.20 & 61.55 in extension. Alternative scenario...
