Pivot (invalidation): 107.20 Our preference Long positions above 107.20 with targets at 107.45 & 107.60 in extension. Alternative scenario...
Pivot (invalidation): 1.2315 Our preference Short positions below 1.2315 with targets at 1.2280 & 1.2265 in extension. Alternative scenario...
Pivot (invalidation): 1.0985 Our preference Short positions below 1.0985 with targets at 1.0960 & 1.0950 in extension. Alternative scenario...
CRUDE OIL faces risk of further corrective upside pressure after bouncing off its key support at 50.50 the past week. Support lies at the 53.50 level where a break will expose the 53.00 level. A cut through here will set the stage for a run at the 52.50 level...
Pivot (invalidation): 52.05 Our preference Long positions above 52.05 with targets at 53.35 & 53.75 in extension. Alternative scenario...
Pivot (invalidation): 17.4000 Our preference Long positions above 17.4000 with targets at 17.6900 & 17.7900 in extension. Alternative scenario...
Pivot (invalidation): 1498.00 Our preference Long positions above 1498.00 with targets at 1512.50 & 1519.50 in extension. Alternative scenario...
Pivot (invalidation): 2925.00 Our preference Long positions above 2925.00 with targets at 2963.50 & 2990.00 in extension. Alternative scenario...
Pivot (invalidation): 11920.00 Our preference Long positions above 11920.00 with targets at 12060.00 & 12150.00 in extension. Alternative scenario...
Pivot (invalidation): 5.6950 Our preference Long positions above 5.6950 with targets at 5.7300 & 5.7430 in extension. Alternative scenario...
Pivot (invalidation): 0.6765 Our preference Short positions below 0.6765 with targets at 0.6735 & 0.6720 in extension. Alternative scenario...
Pivot (invalidation): 1.3300 Our preference Long positions above 1.3300 with targets at 1.3330 & 1.3345 in extension. Alternative scenario...
Pivot (invalidation): 1.2310 Our preference Long positions above 1.2310 with targets at 1.2345 & 1.2355 in extension. Alternative scenario...
Pivot (invalidation): 107.00 Our preference Short positions below 107.00 with targets at 106.60 & 106.45 in extension. Alternative scenario...
Pivot (invalidation): 0.9935 Our preference Long positions above 0.9935 with targets at 0.9960 & 0.9975 in extension. Alternative scenario...
Pivot (invalidation): 1.0970 Our preference Long positions above 1.0970 with targets at 1.1000 & 1.1020 in extension. Alternative scenario...
GOLD eyes further recovery pressure as it closed higher the past week. On the downside, support sits at the 1,500.00 level where a break will turn focus to the 1,490.00 level. Further down, a cut through here will open the door for a move decline towards the 1,480.00 level...
EURUSD with a halt in price occurring on Friday, more strength is expected in the new week. Support comes in at the 1.0950 where a break will turn risk to the 1.0900 level. A breach below here will target the 1.0850 level. Further down, support stands at the 1.0800...
First, a review of last week’s events: - EUR/USD. Most experts (55%) expected a correction of the pair up to the zone of 1.1000. This scenario was also supported by 15% of the oscillators on D1 and W1, giving clear signals about the pair being oversold...
