First, a review of last week’s events: - EUR/USD. Recall that most experts (55% vs. 45%) voted for further strengthening of the dollar, calling the year's low of 1.1300 recorded on August 15 as the goal...
Over the past few months, it seems that employment-growth has lost its importance, as the equity sell-off and stronger US yields encourage investors to take a more balanced allocation. Today’s announcement of non-farm-payrolls (NFPs) will be no exception, as investors continue to reload on risk...
Pivot (invalidation): 64.10 Our preference Short positions below 64.10 with targets at 63.10 & 62.25 in extension. Alternative scenario Above 64.10 look for further upside with 64.70 & 65.40 as targets...
Pivot (invalidation): 14.5800 Our preference Long positions above 14.5800 with targets at 14.7500 & 14.8200 in extension. Alternative scenario Below 14.5800 look for further downside with 14.4900 & 14.3600 as targets...
Pivot (invalidation): 1228.00 Our preference Long positions above 1228.00 with targets at 1237.50 & 1240.00 in extension. Alternative scenario Below 1228.00 look for further downside with 1225.50 & 1222.00 as targets...
Pivot (invalidation): 2704.25 Our preference Long positions above 2704.25 with targets at 2750.00 & 2800.00 in extension. Alternative scenario Below 2704.25 look for further downside with 2686.00 & 2650.00 as targets...
Pivot (invalidation): 11375.00 Our preference Long positions above 11375.00 with targets at 11575.00 & 11640.00 in extension. Alternative scenario Below 11375.00 look for further downside with 11315.00 & 11240.00 as targets...
Pivot (invalidation): 5.5470 Our preference Short positions below 5.5470 with targets at 5.5040 & 5.4810 in extension. Alternative scenario Above 5.5470 look for further upside with 5.5720 & 5.5940 as targets...
Pivot (invalidation): 0.7180 Our preference Long positions above 0.7180 with targets at 0.7215 & 0.7240 in extension. Alternative scenario Below 0.7180 look for further downside with 0.7160 & 0.7135 as targets...
Pivot (invalidation): 1.3115 Our preference Short positions below 1.3115 with targets at 1.3080 & 1.3065 in extension. Alternative scenario Above 1.3115 look for further upside with 1.3130 & 1.3145 as targets...
Pivot (invalidation): 1.0040 Our preference Short positions below 1.0040 with targets at 1.0000 & 0.9980 in extension. Alternative scenario Above 1.0040 look for further upside with 1.0060 & 1.0080 as targets...
Pivot (invalidation): 112.85 Our preference Short positions below 112.85 with targets at 112.40 & 112.15 in extension. Alternative scenario Above 112.85 look for further upside with 113.05 & 113.35 as targets...
Pivot (invalidation): 1.2950 Our preference Long positions above 1.2950 with targets at 1.3050 & 1.3090 in extension. Alternative scenario Below 1.2950 look for further downside with 1.2905 & 1.2855 as targets...
Pivot (invalidation): 1.1385 Our preference Long positions above 1.1385 with targets at 1.1425 & 1.1435 in extension. Alternative scenario Below 1.1385 look for further downside with 1.1365 & 1.1350 as targets...
Pivot (invalidation): 65.50 Our preference Short positions below 65.50 with targets at 64.80 & 64.30 in extension. Alternative scenario Above 65.50 look for further upside with 65.80 & 66.30 as targets...
Pivot (invalidation): 14.3600 Our preference Short positions below 14.3600 with targets at 14.2600 & 14.2100 in extension. Alternative scenario Above 14.3600 look for further upside with 14.4700 & 14.5300 as targets...
Pivot (invalidation): 1219.00 Our preference Short positions below 1219.00 with targets at 1214.50 & 1212.00 in extension. Alternative scenario Above 1219.00 look for further upside with 1223.50 & 1226.50 as targets...
Pivot (invalidation): 2686.00 Our preference Long positions above 2686.00 with targets at 2754.25 & 2800.00 in extension. Alternative scenario Below 2686.00 look for further downside with 2640.00 & 2602.50 as targets...
Pivot (invalidation): 11377.00 Our preference Long positions above 11377.00 with targets at 11525.00 & 11607.00 in extension. Alternative scenario Below 11377.00 look for further downside with 11285.00 & 11200.00 as targets...
