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Pivot (invalidation): 24.2800 Our preference Short positions below 24.2800 with targets at 23.7500 & 23.5600 in extension. Alternative scenario Above 24.2800 look for further upside with 24.4500 & 24.6700 as targets...
Pivot (invalidation): 1850.00 Our preference Short positions below 1850.00 with targets at 1825.00 & 1815.00 in extension. Alternative scenario Above 1850.00 look for further upside with 1859.00 & 1866.00 as targets...
Pivot (invalidation): 3695.00 Our preference Short positions below 3695.00 with targets at 3645.00 & 3625.00 in extension. Alternative scenario Above 3695.00 look for further upside with 3710.00 & 3740.00 as targets...
Pivot (invalidation): 13210.00 Our preference Long positions above 13210.00 with targets at 13370.00 & 13410.00 in extension. Alternative scenario Below 13210.00 look for further downside with 13163.00 & 13110.00 as targets...
Pivot (invalidation): 7.8500 Our preference Long positions above 7.8500 with targets at 7.9240 & 7.9640 in extension. Alternative scenario Below 7.8500 look for further downside with 7.8170 & 7.7810 as targets...
Pivot (invalidation): 0.7520 Our preference Long positions above 0.7520 with targets at 0.7580 & 0.7615 in extension. Alternative scenario Below 0.7520 look for further downside with 0.7485 & 0.7450 as targets...
Pivot (invalidation): 1.2770 Our preference Short positions below 1.2770 with targets at 1.2700 & 1.2670 in extension. Alternative scenario Above 1.2770 look for further upside with 1.2790 & 1.2810 as targets...
Pivot (invalidation): 0.8875 Our preference Short positions below 0.8875 with targets at 0.8835 & 0.8820 in extension. Alternative scenario Above 0.8875 look for further upside with 0.8900 & 0.8915 as targets...
Pivot (invalidation): 104.25 Our preference Short positions below 104.25 with targets at 103.70 & 103.50 in extension. Alternative scenario Above 104.25 look for further upside with 104.40 & 104.55 as targets...
Pivot (invalidation): 1.3270 Our preference Long positions above 1.3270 with targets at 1.3360 & 1.3390 in extension. Alternative scenario Below 1.3270 look for further downside with 1.3245 & 1.3225 as targets...
Pivot (invalidation): 1.2120 Our preference Long positions above 1.2120 with targets at 1.2175 & 1.2210 in extension. Alternative scenario Below 1.2120 look for further downside with 1.2100 & 1.2080 as targets...
The pound reacted with a decline to the publication of UK GDP data, ignoring the positive data on industrial production, which grew by 1.3% in October (against the forecast of +0.3% and growth by +0.5% in September...
In the commodity market, oil prices are bullish on Thursday but moving sideways on larger timeframes. The crude is leveraging investor hopes that the rollout of COVID vaccines would push economic recovery. The US is expected to approve the first vaccine candidate later this week. WTI is up 0...
US equities retreated from record highs amid no progress in stimulus talks. The general bearishness was also fueled by the antitrust lawsuit filed against Facebook. Nasdaq was the worst performer of the three benchmark indexes, losing 1.94%. The S&P 500 fell 0.79%, and the Dow dropped by 0...
Pivot (invalidation): 45.30 Our preference Long positions above 45.30 with targets at 46.25 & 46.55 in extension. Alternative scenario Below 45.30 look for further downside with 44.95 & 44.65 as targets...
Pivot (invalidation): 24.1800 Our preference Short positions below 24.1800 with targets at 23.5600 & 23.3000 in extension. Alternative scenario Above 24.1800 look for further upside with 24.4300 & 24.6700 as targets...
Pivot (invalidation): 1850.00 Our preference Short positions below 1850.00 with targets at 1825.00 & 1815.00 in extension. Alternative scenario Above 1850.00 look for further upside with 1865.00 & 1875.00 as targets...
S&P 500 Under pressure. Pivot (invalidation): 3695.00 Our preference Short positions below 3695.00 with targets at 3645.00 & 3625.00 in extension. Alternative scenario Above 3695.00 look for further upside with 3710.00 & 3740.00 as targets...
Pivot (invalidation): 13328.00 Our preference Long positions above 13328.00 with targets at 13460.00 & 13490.00 in extension. Alternative scenario Below 13328.00 look for further downside with 13280.00 & 13230.00 as targets...
