Pivot (invalidation): 0.6840 Our preference Long positions above 0.6840 with targets at 0.6870 & 0.6890 in extension. Alternative scenario...
Pivot (invalidation): 1.3145 Our preference Short positions below 1.3145 with targets at 1.3125 & 1.3115 in extension. Alternative scenario...
Pivot (invalidation): 0.9835 Our preference Long positions above 0.9835 with targets at 0.9865 & 0.9890 in extension. Alternative scenario...
Pivot (invalidation): 108.30 Our preference Long positions above 108.30 with targets at 108.60 & 108.70 in extension. Alternative scenario...
Pivot (invalidation): 1.2950 Our preference Short positions below 1.2950 with targets at 1.2870 & 1.2835 in extension. Alternative scenario...
Pivot (invalidation): 1.1135 Our preference Long positions above 1.1135 with targets at 1.1180 & 1.1205 in extension. Alternative scenario...
EURUSD with the pair retaining its recovery threats after closing higher the past week, more gain is expected. Support comes in at the 1.1100 where a break will turn risk to the 1.1050 level. A breach below here will target the 1.1000 level. Further down, support stands at the 1.0950...
First, a review of last week’s events: - EUR/USD. The main theme last week was undoubtedly Brexit...
AUDUSD is threatening further upside pressure following its strong rally on Thursday. On the downside, support lies at the 1.6800 level. A cut through here will turn focus to the 0.6750 level and then the 0.6700 level where a violation will set the stage for a retarget of the 0.6650 level...
GBP volatility is most likely to stay as Saturday extraordinary session of the British Parliament should have a significant impact on GBP direction...
Pivot (invalidation): 53.25 Our preference Short positions below 53.25 with targets at 52.75 & 52.40 in extension. Alternative scenario...
Pivot (invalidation): 17.2600 Our preference Long positions above 17.2600 with targets at 17.4700 & 17.5700 in extension. Alternative scenario...
Pivot (invalidation): 1483.00 Our preference Long positions above 1483.00 with targets at 1493.00 & 1498.50 in extension. Alternative scenario...
Pivot (invalidation): 2972.00 Our preference Long positions above 2972.00 with targets at 3005.00 & 3022.00 in extension. Alternative scenario...
Pivot (invalidation): 12600.00 Our preference Long positions above 12600.00 with targets at 12760.00 & 12840.00 in extension. Alternative scenario...
Pivot (invalidation): 5.8930 Our preference Short positions below 5.8930 with targets at 5.8670 & 5.8530 in extension. Alternative scenario...
Pivot (invalidation): 0.6765 Our preference Long positions above 0.6765 with targets at 0.6790 & 0.6810 in extension. Alternative scenario...
Pivot (invalidation): 1.3180 Our preference Long positions above 1.3180 with targets at 1.3220 & 1.3235 in extension. Alternative scenario...
