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Pivot (invalidation): 1.1820 Our preference Long positions above 1.1820 with targets at 1.1875 & 1.1900 in extension. Alternative scenario Below 1.1820 look for further downside with 1.1790 & 1.1770 as targets...
In the commodity market, oil prices have retreated from their weekly peaks, as investors are concerned about the oversupply amid weak demand during the pandemic, even as Hurricane Sally disrupted production in the US Gulf Coast...
US stock indices took different routes on Wednesday but bears dominated the market at the end of the session. The S&P 500 ended lower despite the fact that the Fed hinted it would maintain interest rates close to zero for a long period. The benchmark index was dragged down by tech stocks...
Pivot (invalidation): 39.40 Our preference Long positions above 39.40 with targets at 40.30 & 40.85 in extension. Alternative scenario Below 39.40 look for further downside with 38.80 & 38.25 as targets...
Pivot (invalidation): 27.1000 Our preference Short positions below 27.1000 with targets at 26.5400 & 26.2000 in extension. Alternative scenario Above 27.1000 look for further upside with 27.4300 & 27.6100 as targets...
Pivot (invalidation): 1953.00 Our preference Short positions below 1953.00 with targets at 1929.00 & 1919.00 in extension. Alternative scenario Above 1953.00 look for further upside with 1962.00 & 1973.00 as targets...
Pivot (invalidation): 3428.00 Our preference Short positions below 3428.00 with targets at 3362.00 & 3310.00 in extension. Alternative scenario Above 3428.00 look for further upside with 3452.00 & 3500.00 as targets...
Pivot (invalidation): 13339.00 Our preference Short positions below 13339.00 with targets at 13110.00 & 12930.00 in extension. Alternative scenario Above 13339.00 look for further upside with 13460.00 & 13560.00 as targets...
Pivot (invalidation): 7.4730 Our preference Long positions above 7.4730 with targets at 7.5210 & 7.5400 in extension. Alternative scenario Below 7.4730 look for further downside with 7.4560 & 7.4410 as targets...
Pivot (invalidation): 0.7290 Our preference Short positions below 0.7290 with targets at 0.7250 & 0.7230 in extension. Alternative scenario Above 0.7290 look for further upside with 0.7310 & 0.7340 as targets...
Pivot (invalidation): 1.3200 Our preference Long positions above 1.3200 with targets at 1.3240 & 1.3265 in extension. Alternative scenario Below 1.3200 look for further downside with 1.3175 & 1.3150 as targets...
Pivot (invalidation): 0.9105 Our preference Long positions above 0.9105 with targets at 0.9150 & 0.9165 in extension. Alternative scenario Below 0.9105 look for further downside with 0.9085 & 0.9065 as targets...
Pivot (invalidation): 104.80 Our preference Long positions above 104.80 with targets at 105.20 & 105.40 in extension. Alternative scenario Below 104.80 look for further downside with 104.60 & 104.40 as targets...
Pivot (invalidation): 1.2950 Our preference Short positions below 1.2950 with targets at 1.2875 & 1.2840 in extension. Alternative scenario Above 1.2950 look for further upside with 1.2975 & 1.3005 as targets...
E Pivot (invalidation): 1.1795 Our preference Short positions below 1.1795 with targets at 1.1730 & 1.1705 in extension. Alternative scenario Above 1.1795 look for further upside with 1.1820 & 1.1840 as targets...
Greetings, dear traders ! Many traders trading in the Forex market are not even aware of the hidden features of MT4. But the knowledge of such simple chips can facilitate your efforts and help you to work more effectively with the trading terminal...
Introduction Effective risk management allows traders to minimize losses that occur as a result of exchange rate fluctuations. Consequently, having a proper risk management plan in place can make for safer, more controlled, and less stressful trading...
The main purpose of this blog is to describe and explain the input parameters of my Stochastics crossover scanner indicator ( MT4 version / MT5 version...
In the commodity market, oil suddenly updated the weekly peak after several sluggish sessions in a row. Both WTI and Brent have gained over 1.3%. The crude prices rose as Hurricane Sally reached the US Gulf Coast, causing the shutdown of over 25% of American offshore oil and gas production...