Blogs

<p>Setup : 1Hour Chart Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller) Story:&nbsp; Possible Plutus Reversal Short – forming – but a Plutus Long can form also -let's see have to wait for 1HR to close. to be continued…</p>

<p>The EURUSD rebounded to 1.1350 and is probably set to clear its last week resistance at 1.1422 on a globally improved risk appetite and test the 1.15 offers. Data-wise, the German consumer price data confirmed 0.1% m-o-m deflation in May, but the ZEW survey in Germany and Europe should better the euro investors’ mood by […]

<p>The Federal Reserve (Fed) announced on Monday to enlarge its scope of asset purchases, now including corporate debt under its Secondary Market Corporate Credit Facility. So far, this program allowed buying ETFs, from now on, the Fed will also buy a diversified portfolio of individual corporate debt. We do not know yet if the Fed’s [&hellip

<p>Pivot</p> <p>&nbsp;(invalidation): 35.90 Our preference</p> <p>Long positions above 35.90 with targets at 37.85 &amp; 38.55 in extension.</p> <p>Alternative scenario</p> <p>Below 35.90 look for further downside with 35.05 &amp; 34.35 as targets.</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 17.1800 Our preference</p> <p>Long positions above 17.1800 with targets at 17.5500 &amp; 17.7500 in extension.</p> <p>Alternative scenario</p> <p>Below 17.1800 look for further downside with 17.0300 &amp; 16.9300 as targets.</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 1723.00 Our preference</p> <p>Long positions above 1723.00 with targets at 1735.00 &amp; 1745.00 in extension.</p> <p>Alternative scenario</p> <p>Below 1723.00 look for further downside with 1715.00 &amp; 1704.00 as targets.</p>