GBPUSD is testing the strong resistance 1.2255 GBPUSD is testing the strong resistance of 1.2255 after a bounce from 1.2200. A break above this resistance is required for the upside extension and a test of 1.2860. Now only a break below 1.2000 will lead to an upside extension invalidation […]
GBPUSD is extending higher Read More »
USDJPY is rejected from 135 USDJPY is turning lower from the resistance. A rejection here can lead to a downside extension and a test of 125 which is a major upside support. A break above 132.30 is required for an upside reversal. Note: look for the short trades with
USDJPY is reversing lower Read More »
Russell2000 is bouncing off 1760 Russell2000 tested strong support 1760 and bounced. This bounce is opening a further upside continuation into 1900 and possibly higher. Only a break back below 1760 could invalidate further upside extension. Major upside resistance stays at 1900. A break above 1900 will be a
Russell2000 is bouncing higher from the support Read More »
AUDUSD is breaking above 0.6840 AUDUSD is breaking above 0.6840. A break above this resistance is opening an upside extension to 0.7200. Now only a break below 0.6700 could invalidate the extension higher and a test of this key upside reversal 0.7200 resistance. Note: look for the long trades
AUDUSD is breaking above the upside resistance Read More »
Copper is testing 3.960 again Copper is testing the strong resistance of 3.9600 for a breakout higher. A break above this resistance will lead to an extension higher targeting 4.500. A rejection here could leave open consolidation between 3.800 and 3.960. Only a break below 3.780 would invalidate the
Copper is extending higher Read More »
