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Dear traders, times like this are anything but normal. This pandemic affects all of us worldwide and in many countries, public life is completely at a standstill. None of us have experienced a crisis of this kind, yet it also offers many unique opportunities that we might never have had...
First, a review of last week’s events: - EUR/USD. That's it! The world economy is no longer run by governments, banks, or corporations. The economy is reigned by only one "person" named Covid-19...
Hi forex trader, In this blog I want to show you how to use Moving Average Cloud (MAC) buffers to build a simple expert advisor. You can know more about MAC from here...
Hello and welcome everyone, after a few days of watching the market from the sideline we are now back in because the JPY grabbed our attention. That's what we saw at first this morning...
The latest sell-off has been a good test for the oil market. WTI crude held ground above $30 a barrel, laying the foundations of a solid support at this level...
US stocks had their worst day since 1987 even after the Federal Reserve’s (Fed) announcement to flood the market with $5 trillion dollar over the next month. The Dow closed 9.99% down, as the S&P500 and Nasdaq slumped 9.51% and 9.43% respectively...
Pivot (invalidation): 31.85 Our preference Short positions below 31.85 with targets at 30.00 & 29.20 in extension. Alternative scenario...
Pivot (invalidation): 15.8400 Our preference Short positions below 15.8400 with targets at 15.1900 & 14.9300 in extension. Alternative scenario...
Pivot (invalidation): 1584.00 Our preference Short positions below 1584.00 with targets at 1542.00 & 1529.00 in extension...
Pivot (invalidation): 2659.00 Our preference Short positions below 2659.00 with targets at 2400.00 & 2245.00 in extension. Alternative scenario...
Pivot (invalidation): 9912.00 Our preference Short positions below 9912.00 with targets at 9047.00 & 8330.00 in extension. Alternative scenario...
Pivot (invalidation): 6.2670 Our preference Long positions above 6.2670 with targets at 6.3440 & 6.3690 in extension. Alternative scenario...
Pivot (invalidation): 0.6255 Our preference Long positions above 0.6255 with targets at 0.6340 & 0.6385 in extension. Alternative scenario...
Pivot (invalidation): 1.3825 Our preference Long positions above 1.3825 with targets at 1.4000 & 1.4080 in extension. Alternative scenario...
Pivot (invalidation): 0.9480 Our preference Short positions below 0.9480 with targets at 0.9400 & 0.9370 in extension. Alternative scenario...
Pivot (invalidation): 105.65 Our preference Short positions below 105.65 with targets at 104.50 & 104.05 in extension. Alternative scenario...
Pivot (invalidation): 1.2630 Our preference Short positions below 1.2630 with targets at 1.2485 & 1.2420 in extension. Alternative scenario...
Pivot (invalidation): 1.1150 Our preference Long positions above 1.1150 with targets at 1.1250 & 1.1290 in extension. Alternative scenario...
EURUSD faces risk of further move lower as it embarks on a third of bearishness. This is coming on the back of its price rejection on Tuesday. Resistance stands at the 1.1250 where a break will turn risk towards the 1.1300 level. A breach above here will target the 1.1350 level...
