Pivot 0.6590 Our preference Long positions above 0.6590 with targets at 0.6615 & 0.6630 in extension. Alternative scenario Below 0.6590 look for further downside with 0.6575 & 0.6560 as targets. Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Supports and resistances 0.6645 0.6630 0.6615 0.6607...
Pivot 86.00 Our preference Long positions above 86.00 with targets at 87.40 & 88.20 in extension. Alternative scenario Below 86.00 look for further downside with 85.50 & 84.65 as targets. Comment The RSI shows upside momentum. Supports and resistances 89.00 88.20 87.40 86.80 Last 86.00 85.50 84.65 Number of asterisks represents the strength of...
Pivot 83.60 Our preference Long positions above 83.60 with targets at 85.00 & 85.50 in extension. Alternative scenario Below 83.60 look for further downside with 83.00 & 82.60 as targets. Comment The RSI shows upside momentum. Supports and resistances 86.00 85.50 85.00 84.37 Last 83.60 83.00 82.60 Number of asterisks represents the strength of...
Pivot 81.35 Our preference Long positions above 81.35 with targets at 82.25 & 82.65 in extension. Alternative scenario Below 81.35 look for further downside with 80.90 & 80.55 as targets. Comment The RSI advocates for further upside. Supports and resistances 83.00 82.65 82.25 81.84 Last 81.35 80.90 80.55 Number of asterisks represents the strength...
Pivot 2185.00 Our preference Short positions below 2185.00 with targets at 2169.00 & 2163.00 in extension. Alternative scenario Above 2185.00 look for further upside with 2200.00 & 2211.00 as targets. Comment As long as 2185.00 is resistance, look for choppy price action with a bearish bias. Supports and resistances 2211.00 2200.00 2185.00 2179.00...
Pivot 81.70 Our preference Long positions above 81.70 with targets at 82.60 & 83.00 in extension. Alternative scenario Below 81.70 look for further downside with 81.30 & 80.80 as targets. Comment The RSI is bullish and calls for further advance. Supports and resistances 83.40 83.00 82.60 82.17 Last 81.70 81.30 80.80 Number of asterisks represents...
Pivot "weakening dollars" 1.3615 Our preference Short positions below 1.3615 with targets at 1.3550 & 1.3520 in extension. Alternative scenario Above 1.3615 look for further upside with 1.3630 & 1.3650 as targets. Comment The RSI shows downside momentum. Supports and resistances 1.3650 1.3630 1.3615 1.3572 Last 1.3550 1.3520 1.3495 Number of...
Pivot 80.70 Our preference Long positions above 80.70 with targets at 81.50 & 81.90 in extension. Alternative scenario Below 80.70 look for further downside with 80.40 & 80.00 as targets. Comment The break above 80.70 is a positive signal that has opened a path to 81.50. Supports and resistances 82.15 81.90 81.50 81.13 Last 80.70 80.40 80.00 Number...
Pivot 81.15 Our preference Short positions below 81.15 with targets at 80.00 & 79.50 in extension. Alternative scenario Above 81.15 look for further upside with 81.50 & 81.90 as targets. Comment The RSI advocates for further downside. Supports and resistances 81.90 81.50 81.15 80.60 Last 80.00 79.50 79.05 Number of asterisks represents the strength...
Pivot 81.20 Our preference Long positions above 81.20 with targets at 82.25 & 82.60 in extension. Alternative scenario Below 81.20 look for further downside with 80.80 & 80.35 as targets. Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Supports and resistances 83.10 82.60 82.25 81.64...
Our pivot point is at 2.0962. Our preference As long as 2.0962 is support look for 2.1114. Alternative scenario Below 2.0962, expect 2.0905 and 2.0871. Comment The RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2.1002 and...
0.8535 is our pivot point. Our preference Rebound. Alternative scenario Below 0.8535, expect 0.8523 and 0.8517. Comment The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (0.8543) but below its 50 period moving...
Our pivot point is at 97.60. Our preference Rebound towards 98.34. Alternative scenario Below 97.60, expect 97.36 and 97.22. Comment The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (97.78) but below its 50 period moving average (97.86). Supports...
Pivot 80.50 Our preference Long positions above 80.50 with targets at 81.60 & 82.00 in extension. Alternative scenario Below 80.50 look for further downside with 79.90 & 79.40 as targets. Comment The RSI advocates for further upside. Supports and resistances 82.60 82.00 81.60 81.14 Last 80.50 79.90 79.40 Number of asterisks represents the strength...
Our pivot point stands at 97.67. Our preference The upside prevails as long as 97.67 is support. Alternative scenario The downside breakout of 97.67 would call for 97.43 and 97.29. Comment The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20...
Pivot 2176.00 Our preference Short positions below 2176.00 with targets at 2161.00 & 2156.00 in extension. Alternative scenario Above 2176.00 look for further upside with 2181.00 & 2187.00 as targets. Comment As long as the resistance at 2176.00 is not surpassed, the risk of the break below 2161.00 remains high. Supports and...
Pivot 79.20 Our preference Long positions above 79.20 with targets at 80.00 & 80.65 in extension. Alternative scenario Below 79.20 look for further downside with 78.70 & 78.20 as targets. Comment The RSI is mixed to bullish. Supports and resistances 80.90 80.65 80.00 79.76 Last 79.20 78.70 78.20 Number of asterisks represents the strength of...
Pivot 18350.00 Our preference Long positions above 18350.00 with targets at 18540.00 & 18620.00 in extension. Alternative scenario Below 18350.00 look for further downside with 18270.00 & 18190.00 as targets. Comment The RSI is mixed and calls for caution. Supports and resistances 18700.00 18620.00 18540.00 18461.00...