Blogs

<p>Good morning everybody!&nbsp; I'm a beginner and I'm learning everyday some more stuff from you all! Thanks a lot!&nbsp; Yesterday, I tried to trade the GBPNZD by using a short position. The time of opening the trade was not optimal (because I should have wait for the beginning of the retracement, that I expected). In [&h

<p>New Article –Introduction to Technical Analysis Designing a successful strategy is an intellectually challenging process. It requires extensive research and testing. The research in trading is always followed by the immediate real world outcome. The trading strategy based on the bad system or methodology will be falsified extremely fast in

<p>In Europe, however, more monetary stimulus gave a decent boost to the single currency. Though the worse-than-expected slump in German factory orders triggered a soft kneejerk sell-off this morning. The European Central Bank (ECB) announced at yesterday’s monetary policy meeting the extension of the Pandemic Emergency Purchasing Program (PE

<p>There is finally some questioning among investors that the latest equity rally may have gone too far and a part of gains may be unfounded due to weak economic data, rising political unrest in US and Hong Kong and tenser trade relations between the US and China. The commemoration of Tiananmen events in Hong Kong […]

<p>Pivot</p> <p>&nbsp;(invalidation): 36.50 Our preference</p> <p>Long positions above 36.50 with targets at 38.15 &amp; 38.75 in extension.</p> <p>Alternative scenario</p> <p>Below 36.50 look for further downside with 35.90 &amp; 35.55 as targets.</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 17.5300 Our preference</p> <p>Long positions above 17.5300 with targets at 17.8500 &amp; 17.9900 in extension.</p> <p>Alternative scenario</p> <p>Below 17.5300 look for further downside with 17.4400 &amp; 17.3400 as targets.</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 1705.00 Our preference</p> <p>Long positions above 1705.00 with targets at 1722.00 &amp; 1732.00 in extension.</p> <p>Alternative scenario</p> <p>Below 1705.00 look for further downside with 1696.00 &amp; 1687.00 as targets.</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 3081.00 Our preference</p> <p>Long positions above 3081.00 with targets at 3145.00 &amp; 3183.00 in extension.</p> <p>Alternative scenario</p> <p>Below 3081.00 look for further downside with 3030.00 &amp; 3000.00 as targets.</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 12268.00 Our preference</p> <p>Long positions above 12268.00 with targets at 12590.00 &amp; 12800.00 in extension.</p> <p>Alternative scenario</p> <p>Below 12268.00 look for further downside with 12133.00 &amp; 12020.00 as targets.</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 6.7350 Our preference</p> <p>Long positions above 6.7350 with targets at 6.7670 &amp; 6.7930 in extension.</p> <p>Alternative scenario</p> <p>Below 6.7350 look for further downside with 6.7170 &amp; 6.6930 as targets.</p>