<p>Pivot</p> <p> (invalidation): 6.9770 </p> <p>Our preference</p> <p>Long positions above 6.9770 with targets at 6.9970 & 7.0090 in extension.</p> <p>Alternative scenario</p>
Blogs
(28 April 2020)AUD/USD Under pressure.
<p>Pivot</p> <p> (invalidation): 0.6470 </p> <p>Our preference</p> <p>Short positions below 0.6470 with targets at 0.6400 & 0.6380 in extension.</p> <p>Alternative scenario</p>
(28 April 2020)USD/CAD Turning up.
<p>Pivot</p> <p> (invalidation): 1.4015 </p> <p>Our preference</p> <p>Long positions above 1.4015 with targets at 1.4080 & 1.4115 in extension.</p> <p>Alternative scenario</p>
(28 April 2020)USD/CHF The bias remains bullish.
<p>Pivot</p> <p> (invalidation): 0.9740 </p> <p>Our preference</p> <p>Long positions above 0.9740 with targets at 0.9770 & 0.9785 in extension.</p> <p>Alternative scenario</p>
(28 April 2020)USD/JPY Rebound.
<p>Pivot</p> <p> (invalidation): 107.15 </p> <p>Our preference</p> <p>Long positions above 107.15 with targets at 107.50 & 107.62 in extension.</p> <p>Alternative scenario</p>
(28 April 2020)GBP/USD Under pressure.
<p>Pivot</p> <p> (invalidation): 1.2435 </p> <p>Our preference</p> <p>Short positions below 1.2435 with targets at 1.2400 & 1.2380 in extension.</p> <p>Alternative scenario</p>
(28 April 2020)EUR/USD Key resistance at 1.0840.
<p>Pivot</p> <p> (invalidation): 1.0840 </p> <p>Our preference</p> <p>Short positions below 1.0840 with targets at 1.0815 & 1.0795 in extension.</p> <p>Alternative scenario</p>
NeoWave. Part 14. Corrections. Triangles. Rules to identify triangles.
NeoWave theory by Glenn Neely. Triangle patterns. Variations of triangles, and the requirements to identify triangles Dear friends! In the previous training article, I covered flats and zigzags, their variations, and construction rules. If you haven’t read the previous articles in the NeoWave series, I recommend covering all the articles devoted to
IDR rate. Forecast for Indonesian rupiah price
Indonesian rupiah: fundamental analysis, technical analysis, COVID-19, trend analysis, actual scenario. Today we’re analysing the situation in Indonesia and the impact of coronavirus on this country and its national currency, the Indonesian rupiah. Economy of Indonesia Indonesia is the largest island country: its territory includes 17,804 islands.
Pound set fire to fleet
When all the major currencies are exposed to the risks, the market is dwelling on the global risk appetite The pound’s strength looks surprising. The domestic data are extremely poor, the Brexit matter hasn’t been settled down, Boris Johnson’s government is not willing to extend the transitions period, and the coronavirus fallout can damage the [&h