All Blogs
Pivot (invalidation): 109.30 Our preference Long positions above 109.30 with targets at 109.90 & 110.25 in extension. Alternative scenario Below 109.30 look for further downside with 109.10 & 108.85 as targets...
Pivot (invalidation): 1.2920 Our preference Long positions above 1.2920 with targets at 1.2975 & 1.3000 in extension. Alternative scenario Below 1.2920 look for further downside with 1.2890 & 1.2855 as targets...
Pivot (invalidation): 1.1375 Our preference Short positions below 1.1375 with targets at 1.1350 & 1.1335 in extension. Alternative scenario Above 1.1375 look for further upside with 1.1390 & 1.1410 as targets...
AUDUSD weakens on further pullback threats as it saw price extension during early trading on Tuesday. On the upside, resistance stands at the 1.7200 level. A cut through here will turn attention to the 0.7250 level and then the 0.7300 level. A violation will set the stage for a retarget of the 0...
The Bank of Japan (BoJ) will maintain its policy rate unchanged at -0.10% at tomorrow’s monetary policy meeting. This comes on the heels of a recent cut in forecasted GDP growth for 2019 to 1.30%. BoJ is even more pessimistic, expecting growth below 1...
The closest important resistance level on the daily timeframe is the monthly heder resistance level at 1.3055. When the asset quotes are fixed above the indicated option resistance level, the next goal is to increase the option gain level of a significant number of positions for descending (1...
Pivot (invalidation): 54.00 Our preference Short positions below 54.00 with targets at 52.90 & 52.45 in extension. Alternative scenario Above 54.00 look for further upside with 54.25 & 54.70 as targets...
Pivot (invalidation): 15.2800 Our preference Short positions below 15.2800 with targets at 15.1600 & 15.0900 in extension. Alternative scenario Above 15.2800 look for further upside with 15.3600 & 15.4400 as targets...
Pivot (invalidation): 1276.50 Our preference Long positions above 1276.50 with targets at 1280.50 & 1283.50 in extension. Alternative scenario Below 1276.50 look for further downside with 1273.50 & 1270.00 as targets...
Pivot (invalidation): 2636.00 Our preference Long positions above 2636.00 with targets at 2685.00 & 2710.00 in extension. Alternative scenario Below 2636.00 look for further downside with 2623.50 & 2596.00 as targets...
Pivot (invalidation): 11180.00 Our preference Short positions below 11180.00 with targets at 11065.00 & 11020.00 in extension. Alternative scenario Above 11180.00 look for further upside with 11230.00 & 11270.00 as targets...
Pivot (invalidation): 5.3440 Our preference Short positions below 5.3440 with targets at 5.3145 & 5.2960 in extension. Alternative scenario Above 5.3440 look for further upside with 5.3615 & 5.3880 as targets...
Pivot (invalidation): 0.7165 Our preference Short positions below 0.7165 with targets at 0.7120 & 0.7100 in extension. Alternative scenario Above 0.7165 look for further upside with 0.7185 & 0.7205 as targets...
Pivot (invalidation): 1.3275 Our preference Long positions above 1.3275 with targets at 1.3320 & 1.3350 in extension. Alternative scenario Below 1.3275 look for further downside with 1.3250 & 1.3230 as targets...
Pivot (invalidation): 0.9955 Our preference Long positions above 0.9955 with targets at 0.9990 & 1.0010 in extension. Alternative scenario Below 0.9955 look for further downside with 0.9930 & 0.9905 as targets...
Pivot (invalidation): 109.70 Our preference Short positions below 109.70 with targets at 109.30 & 109.10 in extension. Alternative scenario Above 109.70 look for further upside with 109.90 & 110.10 as targets...
Pivot (invalidation): 1.2860 Our preference Long positions above 1.2860 with targets at 1.2900 & 1.2925 in extension. Alternative scenario Below 1.2860 look for further downside with 1.2830 & 1.2800 as targets...
Pivot (invalidation): 1.1375 Our preference Short positions below 1.1375 with targets at 1.1355 & 1.1335 in extension. Alternative scenario Above 1.1375 look for further upside with 1.1390 & 1.1410 as targets...
A Brexit delay looks likely, but this does not necessarily give a resolution. If the new European Parliament votes in May 2019 not to give further concessions to the UK, including on the Irish backstop, a second referendum or even general elections in the UK are likely...
