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Pivot (invalidation): 1.1180 Our preference Short positions below 1.1180 with targets at 1.1140 & 1.1115 in extension. Alternative scenario Above 1.1180 look for further upside with 1.1205 & 1.1220 as targets...
EURUSD breaks below 1.1183/75 support zone leaving risk of more decline on the cards. Support comes in at the 1.1100 where a violation will turn risk to the 1.1050 level. A break below here will target the 1.1000 level. Further down, support sits at the 1.0950...
A flood of better-than-expected corporate quarterly earning was a wake-up call to overly pessimistic investors. Snap and Twitter posted solid 1Q results triggering a broad-based rally in large-cap tech, propelling the S&P 500 to new all-time highs...
It’s a bullish start of the week for Australian equities and a good kickoff on public holidays. The Reserve Bank of Australia (RBA) policy minutes have already had an effect, but the recent quarterly inflation data releases is a confirmation that the RBA next step will be a rate cut...
Pivot (invalidation): 65.60 Our preference Long positions above 65.60 with targets at 66.35 & 66.60 in extension. Alternative scenario Below 65.60 look for further downside with 65.25 & 64.70 as targets...
Pivot (invalidation): 14.8500 Our preference Short positions below 14.8500 with targets at 14.7300 & 14.6600 in extension. Alternative scenario Above 14.8500 look for further upside with 14.9100 & 14.9800 as targets...
Pivot (invalidation): 1273.00 Our preference Short positions below 1273.00 with targets at 1266.00 & 1262.00 in extension. Alternative scenario Above 1273.00 look for further upside with 1276.50 & 1279.50 as targets...
Pivot (invalidation): 2920.00 Our preference Long positions above 2920.00 with targets at 2942.00 & 2953.00 in extension. Alternative scenario Below 2920.00 look for further downside with 2910.00 & 2895.00 as targets...
Pivot (invalidation): 12170.00 Our preference Long positions above 12170.00 with targets at 12290.00 & 12339.00 in extension. Alternative scenario Below 12170.00 look for further downside with 12110.00 & 12063.00 as targets...
Pivot (invalidation): 5.8200 Our preference Long positions above 5.8200 with targets at 5.8750 & 5.8900 in extension. Alternative scenario Below 5.8200 look for further downside with 5.8000 & 5.7850 as targets...
Pivot (invalidation): 0.7080 Our preference Short positions below 0.7080 with targets at 0.7000 & 0.6970 in extension. Alternative scenario Above 0.7080 look for further upside with 0.7100 & 0.7120 as targets...
Pivot (invalidation): 1.3410 Our preference Long positions above 1.3410 with targets at 1.3475 & 1.3495 in extension. Alternative scenario Below 1.3410 look for further downside with 1.3390 & 1.3375 as targets...
Pivot (invalidation): 1.0195 Our preference Long positions above 1.0195 with targets at 1.0230 & 1.0250 in extension. Alternative scenario Below 1.0195 look for further downside with 1.0180 & 1.0160 as targets...
Pivot (invalidation): 111.95 Our preference Short positions below 111.95 with targets at 111.75 & 111.65 in extension. Alternative scenario Above 111.95 look for further upside with 112.05 & 112.15 as targets...
Pivot (invalidation): 1.2950 Our preference Short positions below 1.2950 with targets at 1.2925 & 1.2910 in extension. Alternative scenario Above 1.2950 look for further upside with 1.2975 & 1.2995 as targets...
Pivot (invalidation): 1.1205 Our preference Long positions above 1.1205 with targets at 1.1230 & 1.1240 in extension. Alternative scenario Below 1.1205 look for further downside with 1.1190 & 1.1180 as targets...
The principle of the indicator. The StatChannel indicator is very effective for trading the development of the famous Bollinger Bands indicator...
Losing close to 0.75% against the buck since last week, the indian rupee is facing further difficulties. The latest policy minutes of the Reserve Bank of India (RBI) provide a good insight of where monetary policy is heading while risks over oil and food prices make committee members worried...
Investors remained on the sidelines after a long weekend. Markets were still closed in numerous countries yesterday (Easter Monday...
