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Pivot (invalidation): 1.4015 Our preference Long positions above 1.4015 with targets at 1.4080 & 1.4115 in extension. Alternative scenario...
Pivot (invalidation): 0.9740 Our preference Long positions above 0.9740 with targets at 0.9770 & 0.9785 in extension. Alternative scenario...
Pivot (invalidation): 107.15 Our preference Long positions above 107.15 with targets at 107.50 & 107.62 in extension. Alternative scenario...
Pivot (invalidation): 1.2435 Our preference Short positions below 1.2435 with targets at 1.2400 & 1.2380 in extension. Alternative scenario...
Pivot (invalidation): 1.0840 Our preference Short positions below 1.0840 with targets at 1.0815 & 1.0795 in extension. Alternative scenario...
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...
The weekly right side is down against the 7/27/17 highs at .7557. The daily right side is down against .6758 from 12/31/19. The 4 hour right side is down with a bearishsequence & the hourly is turning down against .6130. While below there the pair can continue lower again...
The weekly right side is up with a bullish sequence against the .6920 lows from 7/17/2015. The daily right side is up with a bullish sequence against the .8272 lows from 12/13/19. The 4 hour right side is up with a bullish sequence and the hourly is turning up against .8679...
Back to Europe and UK, the activity is expected to decline by 9% and 7.5% this year according to Goldman Sachs, which warns that the contraction could be as much as 16%, in line with the ECB President Lagarde’s prediction of a 15% decline, if the reopening is slower than expected...
Pivot (invalidation): 16.75 Our preference Short positions below 16.75 with targets at 15.20 & 14.40 in extension. Alternative scenario...
Pivot (invalidation): 15.1300 Our preference Long positions above 15.1300 with targets at 15.4400 & 15.6000 in extension. Alternative scenario...
Pivot (invalidation): 1729.00 Our preference Short positions below 1729.00 with targets at 1715.00 & 1709.00 in extension. Alternative scenario...
Pivot (invalidation): 2779.00 Our preference Long positions above 2779.00 with targets at 2879.00 & 2913.00 in extension. Alternative scenario...
Pivot (invalidation): 10200.00 Our preference Long positions above 10200.00 with targets at 10480.00 & 10610.00 in extension. Alternative scenario...
Pivot (invalidation): 6.9840 Our preference Short positions below 6.9840 with targets at 6.9450 & 6.9200 in extension...
Pivot (invalidation): 0.6400 Our preference Long positions above 0.6400 with targets at 0.6470 & 0.6500 in extension. Alternative scenario...
Pivot (invalidation): 1.4115 Our preference Short positions below 1.4115 with targets at 1.4035 & 1.4000 in extension. Alternative scenario...
Pivot (invalidation): 0.9750 Our preference Short positions below 0.9750 with targets at 0.9720 & 0.9705 in extension. Alternative scenario...
