EURUSD: The pair looks to extend its recovery triggered the past week in the new week. On the upside, resistance comes in at 1.1750 level with a cut through here opening the door for more upside towards the 1.1800 level. Further up, resistance lies at the 1...
First, a review of last week’s forecast: - EUR/USD. Recall that in the opinion of 80% of experts who were supported by graphical analysis on D 1, the pair was supposed to continue its descent to the horizon 1.1500...
USDJPY: The pair remains biased to the downside on further corrective weakness. On the downside, support lies at the 112.00 level where a break if seen will aim at the 111.50 level. A cut through here will turn focus to the 111.00 level and possibly lower towards the 110.50 level...
Pivot (invalidation): 7274 Our preference Long positions above 7274 with targets at 7861 & 7995 in extension. Alternative scenario Below 7274 look for further downside with 7048 & 6913 as targets...
Pivot (invalidation): 67.50 Our preference Long positions above 67.50 with targets at 68.80 & 69.15 in extension. Alternative scenario Below 67.50 look for further downside with 66.90 & 66.60 as targets...
Pivot (invalidation): 15.2200 Our preference Long positions above 15.2200 with targets at 15.3900 & 15.4600 in extension. Alternative scenario Below 15.2200 look for further downside with 15.1500 & 15.0800 as targets...
Pivot (invalidation): 1226.00 Our preference Short positions below 1226.00 with targets at 1211.00 & 1205.50 in extension. Alternative scenario Above 1226.00 look for further upside with 1233.00 & 1238.00 as targets...
Pivot (invalidation): 1.1622 Our preference Long positions above 1.1622 with targets at 1.1678 & 1.1690 in extension. Alternative scenario Below 1.1622 look for further downside with 1.1601 & 1.1588 as targets...
Pivot (invalidation): 0.8925 Our preference Long positions above 0.8925 with targets at 0.8965 & 0.8980 in extension. Alternative scenario Below 0.8925 look for further downside with 0.8900 & 0.8875 as targets...
Pivot (invalidation): 0.7375 Our preference Short positions below 0.7375 with targets at 0.7325 & 0.7295 in extension. Alternative scenario Above 0.7375 look for further upside with 0.7395 & 0.7420 as targets...
Pivot (invalidation): 1.3245 Our preference Long positions above 1.3245 with targets at 1.3290 & 1.3320 in extension. Alternative scenario Below 1.3245 look for further downside with 1.3220 & 1.3185 as targets...
Pivot (invalidation): 1.0005 Our preference Short positions below 1.0005 with targets at 0.9975 & 0.9960 in extension. Alternative scenario Above 1.0005 look for further upside with 1.0025 & 1.0045 as targets...
Pivot (invalidation): 112.60 Our preference Short positions below 112.60 with targets at 112.20 & 112.05 in extension. Alternative scenario Above 112.60 look for further upside with 112.85 & 113.10 as targets...
Pivot (invalidation): 1.2980 Our preference Long positions above 1.2980 with targets at 1.3050 & 1.3080 in extension. Alternative scenario Below 1.2980 look for further downside with 1.2955 & 1.2915 as targets...
Pivot (invalidation): 1.1615 Our preference Long positions above 1.1615 with targets at 1.1665 & 1.1700 in extension. Alternative scenario Below 1.1615 look for further downside with 1.1595 & 1.1575 as targets...
COSMIC DIVINER TREND ENTRY by LATAlab This multicurrency strategy simultaneously determines the strength of the trends, entry points and the take profit levels for each trade...
EURUSD: The pair looks to extend its weakness as it continues to press lower. On the upside, resistance comes in at 1.1700 level with a cut through here opening the door for more upside towards the 1.1750 level. Further up, resistance lies at the 1.1800 level where a break will expose the 1...
US stock indices save the positive dynamics after the Fed head Jerome Powell on Tuesday gave a positive assessment of the current state of the American economy...
EURJPY: The pair continues to retain its broader uptrend as it looks to extend that upside pressure. Support comes in at the 131.00 level where a break if seen will aim at the 130.50 level. A cut through here will turn focus to the 130.00 level and possibly lower towards the 129.50 level...
