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EURUSD with a halt in price occurring on Friday, more strength is expected in the new week. Support comes in at the 1.0950 where a break will turn risk to the 1.0900 level. A breach below here will target the 1.0850 level. Further down, support stands at the 1.0800...
WELCOME to my signal report! This is a report of previous trading days. You can see for yourself how effective signal...
First, a review of last week’s events: - EUR/USD. Most experts (55%) expected a correction of the pair up to the zone of 1.1000. This scenario was also supported by 15% of the oscillators on D1 and W1, giving clear signals about the pair being oversold...
As with most emerging countries seeking to boost economic growth, the members of the Board of Directors of the Reserve Bank of India unanimously voted in favor of a further rate cut. The RBI's repo rate is now at 5.15% (-1.35% year-to-date), a decrease of 0...
After a more than disappointing reading in ISM manufacturing last Tuesday (47.8 versus 50 median forecast and 49.1 in August), the non-manufacturing gauge received more attention than ever yesterday as market participants struggle to whether the US economy is heading towards a recession...
Pivot (invalidation): 52.90 Our preference Short positions below 52.90 with targets at 51.85 & 51.40 in extension. Alternative scenario...
Pivot (invalidation): 17.5100 Our preference Long positions above 17.5100 with targets at 17.7100 & 17.7900 in extension. Alternative scenario...
Pivot (invalidation): 1503.00 Our preference Long positions above 1503.00 with targets at 1514.00 & 1519.50 in extension. Alternative scenario...
Pivot (invalidation): 2893.00 Our preference Long positions above 2893.00 with targets at 2925.00 & 2939.00 in extension. Alternative scenario...
Pivot (invalidation): 12060.00 Our preference Short positions below 12060.00 with targets at 11860.00 & 11760.00 in extension. Alternative scenario...
Pivot (invalidation): 5.7000 Our preference Short positions below 5.7000 with targets at 5.6830 & 5.6740 in extension. Alternative scenario...
Pivot (invalidation): 0.6740 Our preference Long positions above 0.6740 with targets at 0.6765 & 0.6780 in extension. Alternative scenario...
Pivot (invalidation): 1.3315 Our preference Long positions above 1.3315 with targets at 1.3345 & 1.3365 in extension. Alternative scenario...
Pivot (invalidation): 1.0000 Our preference Short positions below 1.0000 with targets at 0.9965 & 0.9950 in extension. Alternative scenario...
Pivot (invalidation): 107.00 Our preference Short positions below 107.00 with targets at 106.65 & 106.45 in extension. Alternative scenario...
Pivot (invalidation): 1.2325 Our preference Long positions above 1.2325 with targets at 1.2375 & 1.2410 in extension. Alternative scenario...
Pivot (invalidation): 1.0960 Our preference Long positions above 1.0960 with targets at 1.1000 & 1.1025 in extension. Alternative scenario...
GBPUSD rallied on Thursday as it followed through higher on the back of its Wednesday gain. Support lies at 1.2350 area with a break below that level turning attention to the 1.2300 level. Further down, support lies at the 1.2250 level where a violation will shift focus to the 1.2200 level...
