Pivot (invalidation): 5.9700 Our preference Long positions above 5.9700 with targets at 6.0170 & 6.0540 in extension. Alternative scenario Below 5.9700 look for further downside with 5.9300 & 5.9000 as targets...
Pivot (invalidation): 0.7200 Our preference Short positions below 0.7200 with targets at 0.7160 & 0.7140 in extension. Alternative scenario Above 0.7200 look for further upside with 0.7220 & 0.7240 as targets...
Pivot (invalidation): 1.2800 Our preference Long positions above 1.2800 with targets at 1.2840 & 1.2860 in extension. Alternative scenario Below 1.2800 look for further downside with 1.2780 & 1.2755 as targets...
Pivot (invalidation): 0.9820 Our preference Long positions above 0.9820 with targets at 0.9865 & 0.9880 in extension. Alternative scenario Below 0.9820 look for further downside with 0.9805 & 0.9780 as targets...
Pivot (invalidation): 113.50 Our preference Long positions above 113.50 with targets at 114.05 & 114.25 in extension. Alternative scenario Below 113.50 look for further downside with 113.30 & 113.05 as targets...
Pivot (invalidation): 1.2970 Our preference Long positions above 1.2970 with targets at 1.3030 & 1.3060 in extension. Alternative scenario Below 1.2970 look for further downside with 1.2940 & 1.2915 as targets...
Pivot (invalidation): 1.1535 Our preference Long positions above 1.1535 with targets at 1.1625 & 1.1650 in extension. Alternative scenario Below 1.1535 look for further downside with 1.1505 & 1.1485 as targets...
The euro remains under pressure due to problems in Italy. Last week, the Italian government presented a plan for the state budget, which investors fear may cause disapproval of the EU authorities...
Pivot (invalidation): 74.25 Our preference Long positions above 74.25 with targets at 76.35 & 77.20 in extension. Alternative scenario Below 74.25 look for further downside with 73.65 & 73.10 as targets...
Pivot (invalidation): 14.5500 Our preference Short positions below 14.5500 with targets at 14.4500 & 14.3400 in extension. Alternative scenario Above 14.5500 look for further upside with 14.6500 & 14.7200 as targets...
Pivot (invalidation): 1192.00 Our preference Short positions below 1192.00 with targets at 1187.50 & 1184.50 in extension. Alternative scenario Above 1192.00 look for further upside with 1194.00 & 1198.50 as targets...
Pivot (invalidation): 2929.00 Our preference Short positions below 2929.00 with targets at 2914.00 & 2909.50 in extension. Alternative scenario Above 2929.00 look for further upside with 2937.00 & 2941.00 as targets...
Pivot (invalidation): 12394.00 Our preference Short positions below 12394.00 with targets at 12300.00 & 12245.00 in extension. Alternative scenario Above 12394.00 look for further upside with 12434.00 & 12456.00 as targets...
Pivot (invalidation): 5.9700 Our preference Short positions below 5.9700 with targets at 5.9300 & 5.9000 in extension. Alternative scenario Above 5.9700 look for further upside with 6.0000 & 6.0300 as targets...
Pivot (invalidation): 0.7215 Our preference Long positions above 0.7215 with targets at 0.7240 & 0.7255 in extension. Alternative scenario Below 0.7215 look for further downside with 0.7200 & 0.7185 as targets...
Pivot (invalidation): 1.2830 Our preference Short positions below 1.2830 with targets at 1.2780 & 1.2755 in extension. Alternative scenario Above 1.2830 look for further upside with 1.2860 & 1.2890 as targets...
Pivot (invalidation): 0.9805 Our preference Long positions above 0.9805 with targets at 0.9860 & 0.9880 in extension. Alternative scenario Below 0.9805 look for further downside with 0.9780 & 0.9745 as targets...
Pivot (invalidation): 113.80 Our preference Long positions above 113.80 with targets at 114.10 & 114.40 in extension. Alternative scenario Below 113.80 look for further downside with 113.60 & 113.30 as targets...
Pivot (invalidation): 1.3025 Our preference Long positions above 1.3025 with targets at 1.3060 & 1.3085 in extension. Alternative scenario Below 1.3025 look for further downside with 1.3000 & 1.2980 as targets...
