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The pair ended a cycle up in wave ((1)) from the 9/3/2019 lows at 1.3519 on 12/13/19. From there a cycle in wave (A) ended at 1.2904 & wave (B) ended on 12/31/19 at 1.3284 to correct the cycle lower from the 12/13/19 highs . While below 1...
Is the market going to crash? After the major stock market crashes that occurred in the early 1970s and 1929, the S&P 500 index rose about 2200...
The Identify Market State indicator allows you to set the beginning of a new trends and pullbacks on an existing trend. This indicator can be used both for trading on scalper strategies and for long-term trading strategies...
CURRENCY STRENGTH OVERVIEW TODAY Market strong movement in middle timeframes gives many opportunity for scalpers today. Weak currencies are EUR, AUD and NZD. Strong currencies are USD (JPY...
The beginning of a sideways market Today we are facing a typical sideways ranging market. As we can see NONE of the major pairs does have it's trends in line. So the chance for a trend continuation on any symbol is pretty small...
FTSE (-0.16%) and DAX (-0.24%) futures hint at a lackluster start on Monday. The oil-heavy FTSE should continue feeling the pressure of lower oil prices after Russia refused to increase the production cuts to halt the coronavirus-led slide in oil prices...
Asian equity markets kicked off the week on a negative note as the spreading coronavirus was the major concern amid the virus took 900 lives and infested more than 40’000 people with cases outside Chine rising. There are also doubts that the numbers in China may be higher than reported...
Pivot (invalidation): 50.65 Our preference Short positions below 50.65 with targets at 49.90 & 49.55 in extension. Alternative scenario...
Pivot (invalidation): 17.6500 Our preference Long positions above 17.6500 with targets at 17.7500 & 17.8200 in extension. Alternative scenario...
Pivot (invalidation): 1567.00 Our preference Long positions above 1567.00 with targets at 1576.50 & 1580.00 in extension. Alternative scenario...
Pivot (invalidation): 3348.00 Our preference Short positions below 3348.00 with targets at 3306.00 & 3285.00 in extension. Alternative scenario...
Pivot (invalidation): 13550.00 Our preference Short positions below 13550.00 with targets at 13360.00 & 13270.00 in extension. Alternative scenario...
Pivot (invalidation): 6.0000 Our preference Short positions below 6.0000 with targets at 5.9770 & 5.9600 in extension. Alternative scenario...
Pivot (invalidation): 0.6680 Our preference Long positions above 0.6680 with targets at 0.6710 & 0.6735 in extension. Alternative scenario...
Pivot (invalidation): 1.3315 Our preference Short positions below 1.3315 with targets at 1.3280 & 1.3265 in extension. Alternative scenario...
Pivot (invalidation): 0.9755 Our preference Long positions above 0.9755 with targets at 0.9790 & 0.9805 in extension. Alternative scenario...
Pivot (invalidation): 109.55 Our preference Long positions above 109.55 with targets at 110.00 & 110.15 in extension. Alternative scenario...
Pivot (invalidation): 1.0965 Our preference Short positions below 1.0965 with targets at 1.0935 & 1.0910 in extension. Alternative scenario...
Pivot (invalidation): 1.2920 Our preference Short positions below 1.2920 with targets at 1.2870 & 1.2845 in extension. Alternative scenario...
Right here is the place we’re going to do some math. Just a bit bit. You’ve most likely heard of the phrases “ pips,” “ pipettes,” and “ tons” thrown around, and now we’re going to elucidate what they're and present you the way their values are calculated...
