All Blogs
From the middle of April and from the level of 1.4340, the GBP / USD fell sharply. The decrease to current levels was almost 10%. Starting in May, GBP / USD is traded in a downward channel on the daily chart, the lower limit of which is near the support level of 1.2900...
As already mentioned in Fed’s minutes and during Jerome Powell’s testimony to the Senate, we expect the Chairman of the Federal Reserve to maintain a positive economic outlook for the US economy...
Today’s schedule of Eurozone economic data publications is heavy. The big question is whether this will prompt large moves in the single currency or not...
During today’s monetary policy meeting, the Bank of Japan (BoJ) confirmed it will maintain its short-term policy interest rate at -0.10% “for an extended period of time”, unchanged since 29. January 2016...
The yen fell on Tuesday after the decision of the Bank of Japan to maintain its current monetary policy unchanged. The Bank of Japan retained the key short-term rate at the level of -0.1% and the zero target level of 10-year government bonds yield...
EURUSD SELL-1.17109 SL-1.17497 TP1-1.16924 TP2-1.16711 GBPUSD SELL-1.31327 SL-1.31661 TP1-31110 TP2-1.30896 AUDUSD SELL-0.74175 SL-0.74504 TP1-0.74028 TP2-0.73867 NZDUSD SELL-0.68156 SL-0.68481 TP1-0.67974 TP2-0.67797 USDJPY BUY -111.395 SL-111.022 TP1-111.622 TP2-111.806 USDCHF BUY -0.98856 SL-0...
Pivot (invalidation): 8250 Our preference Short positions below 8250 with targets at 8035 & 7945 in extension. Alternative scenario Above 8250 look for further upside with 8360 & 8495 as targets...
Pivot (invalidation): 69.55 Our preference Long positions above 69.55 with targets at 70.65 & 71.20 in extension. Alternative scenario Below 69.55 look for further downside with 68.80 & 68.25 as targets...
Pivot (invalidation): 15.3700 Our preference Long positions above 15.3700 with targets at 15.5800 & 15.6700 in extension. Alternative scenario Below 15.3700 look for further downside with 15.3000 & 15.2300 as targets...
Pivot (invalidation): 1219.00 Our preference Long positions above 1219.00 with targets at 1225.00 & 1227.50 in extension. Alternative scenario Below 1219.00 look for further downside with 1217.25 & 1215.50 as targets...
Pivot (invalidation): 1.1585 Our preference Short positions below 1.1585 with targets at 1.1550 & 1.1535 in extension. Alternative scenario Above 1.1585 look for further upside with 1.1605 & 1.1620 as targets...
Pivot (invalidation): 0.8905 Our preference Long positions above 0.8905 with targets at 0.8935 & 0.8945 in extension. Alternative scenario Below 0.8905 look for further downside with 0.8895 & 0.8880 as targets...
Pivot (invalidation): 0.7400 Our preference Long positions above 0.7400 with targets at 0.7430 & 0.7445 in extension. Alternative scenario Below 0.7400 look for further downside with 0.7385 & 0.7370 as targets...
Pivot (invalidation): 1.3020 Our preference Long positions above 1.3020 with targets at 1.3080 & 1.3110 in extension. Alternative scenario Below 1.3020 look for further downside with 1.2990 & 1.2960 as targets...
Pivot (invalidation): 0.9900 Our preference Short positions below 0.9900 with targets at 0.9860 & 0.9840 in extension. Alternative scenario Above 0.9900 look for further upside with 0.9915 & 0.9935 as targets...
Pivot (invalidation): 110.90 Our preference Long positions above 110.90 with targets at 111.25 & 111.40 in extension. Alternative scenario Below 110.90 look for further downside with 110.75 & 110.60 as targets...
Pivot (invalidation): 1.3140 Our preference Short positions below 1.3140 with targets at 1.3095 & 1.3080 in extension. Alternative scenario Above 1.3140 look for further upside with 1.3155 & 1.3175 as targets...
Pivot (invalidation): 1.1690 Our preference Long positions above 1.1690 with targets at 1.1720 & 1.1740 in extension. Alternative scenario Below 1.1690 look for further downside with 1.1665 & 1.1645 as targets...
USDCHF: The pair saw a price weakness during early trading on Monday opening the door for more correction. On the downside, support lies at the 0.9900 level. A turn below here will open the door for more weakness towards the 0.9850 level and then the 0.9800 level...
