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The weekly is turning up against the 9/8/2017 lows at 1.2061. The daily & 4 hour right side is up with a bullish sequence against the 12/31/19 lows at 1.2944. While above 1...
Most Asian stock indices traded in the green, as equities in Europe and the US reversed losses on Wednesday...
Pivot (invalidation): 12.10 Our preference Long positions above 12.10 with targets at 16.20 & 17.70 in extension. Alternative scenario...
Pivot (invalidation): 14.9400 Our preference Long positions above 14.9400 with targets at 15.4300 & 15.6000 in extension. Alternative scenario...
Pivot (invalidation): 1702.00 Our preference Long positions above 1702.00 with targets at 1722.00 & 1730.00 in extension. Alternative scenario...
Pivot (invalidation): 2761.75 Our preference Long positions above 2761.75 with targets at 2820.00 & 2879.00 in extension. Alternative scenario...
Pivot (invalidation): 10320.00 Our preference Long positions above 10320.00 with targets at 10520.00 & 10680.00 in extension. Alternative scenario...
Pivot (invalidation): 7.0000 Our preference Short positions below 7.0000 with targets at 6.9690 & 6.9520 in extension. Alternative scenario...
Pivot (invalidation): 0.6325 Our preference Short positions below 0.6325 with targets at 0.6280 & 0.6265 in extension. Alternative scenario...
Pivot (invalidation): 1.4150 Our preference Long positions above 1.4150 with targets at 1.4200 & 1.4235 in extension. Alternative scenario...
Pivot (invalidation): 0.9700 Our preference Long positions above 0.9700 with targets at 0.9740 & 0.9760 in extension. Alternative scenario...
Pivot (invalidation): 107.65 Our preference Long positions above 107.65 with targets at 107.85 & 107.95 in extension. Alternative scenario...
Pivot (invalidation): 1.2300 Our preference Long positions above 1.2300 with targets at 1.2345 & 1.2385 in extension. Alternative scenario...
Pivot (invalidation): 1.0830 Our preference Short positions below 1.0830 with targets at 1.0800 & 1.0780 in extension. Alternative scenario...
Speaking of data, released yesterday, the British jobless rate unexpectedly rose to 4% in February, while wages grew less than 3% y-o-y. But good news was the significantly lower-than-expected claimant count in March. The data showed 12.1K Brits claimed for jobless benefits versus 172...
Equities in Europe and US fell about 3-4% on Tuesday, as plummeting oil prices dented the investor appetite. The sell-off continued in Asia, though at a slower pace. Activity in FTSE (+0.18%) and Eurostoxx (+0...
Pivot (invalidation): 14.40 Our preference Short positions below 14.40 with targets at 11.80 & 9.00 in extension. Alternative scenario...