All Blogs
Pivot (invalidation): 5.9700 Our preference Short positions below 5.9700 with targets at 5.9300 & 5.9000 in extension. Alternative scenario Above 5.9700 look for further upside with 6.0000 & 6.0300 as targets...
Pivot (invalidation): 0.7215 Our preference Long positions above 0.7215 with targets at 0.7240 & 0.7255 in extension. Alternative scenario Below 0.7215 look for further downside with 0.7200 & 0.7185 as targets...
Pivot (invalidation): 1.2830 Our preference Short positions below 1.2830 with targets at 1.2780 & 1.2755 in extension. Alternative scenario Above 1.2830 look for further upside with 1.2860 & 1.2890 as targets...
Pivot (invalidation): 0.9805 Our preference Long positions above 0.9805 with targets at 0.9860 & 0.9880 in extension. Alternative scenario Below 0.9805 look for further downside with 0.9780 & 0.9745 as targets...
Pivot (invalidation): 113.80 Our preference Long positions above 113.80 with targets at 114.10 & 114.40 in extension. Alternative scenario Below 113.80 look for further downside with 113.60 & 113.30 as targets...
Pivot (invalidation): 1.3025 Our preference Long positions above 1.3025 with targets at 1.3060 & 1.3085 in extension. Alternative scenario Below 1.3025 look for further downside with 1.3000 & 1.2980 as targets...
Pivot (invalidation): 1.1595 Our preference Short positions below 1.1595 with targets at 1.1560 & 1.1540 in extension. Alternative scenario Above 1.1595 look for further upside with 1.1620 & 1.1650 as targets...
We anticipate the sterling will see further selling heading into late October. Over the weekend, Boris Johnson attacked Prime Minister Theresa May's Chequers plan calling it "deranged' and "entirely preposterous”. The vicious attack indicated how divisive the subject remains...
Slow start to trading this Monday. EUR/USD dipped to 1.1574 as markets digested the weekend news flow around Brexit, soft EU CPI (Consumer Price Index) and the Italian budget. On Friday, Italian yields rose to a multi-year high of 3.20%, pressing the Euro lower...
Despite the decline against the Canadian dollar, the US dollar maintains a positive momentum in the foreign exchange market...
Pivot (invalidation): 6960 Our preference Long positions above 6960 with targets at 7235 & 7345 in extension. Alternative scenario Below 6960 look for further downside with 6875 & 6725 as targets...
Pivot (invalidation): 69.00 Our preference Short positions below 69.00 with targets at 68.10 & 67.80 in extension. Alternative scenario Above 69.00 look for further upside with 69.30 & 69.65 as targets...
Pivot (invalidation): 14.8600 Our preference Short positions below 14.8600 with targets at 14.6000 & 14.5100 in extension. Alternative scenario Above 14.8600 look for further upside with 15.0000 & 15.0700 as targets...
Pivot (invalidation): 1208.00 Our preference Short positions below 1208.00 with targets at 1196.50 & 1192.50 in extension. Alternative scenario Above 1208.00 look for further upside with 1214.00 & 1217.00 as targets...
Pivot (invalidation): 1.1435 Our preference Short positions below 1.1435 with targets at 1.1405 & 1.1385 in extension. Alternative scenario Above 1.1435 look for further upside with 1.1450 & 1.1470 as targets...
Pivot (invalidation): 0.9070 Our preference Long positions above 0.9070 with targets at 0.9100 & 0.9120 in extension. Alternative scenario Below 0.9070 look for further downside with 0.9050 & 0.9035 as targets...
Pivot (invalidation): 0.7320 Our preference Long positions above 0.7320 with targets at 0.7365 & 0.7385 in extension. Alternative scenario Below 0.7320 look for further downside with 0.7305 & 0.7285 as targets...
Pivot (invalidation): 1.2945 Our preference Short positions below 1.2945 with targets at 1.2885 & 1.2855 in extension. Alternative scenario Above 1.2945 look for further upside with 1.2985 & 1.3005 as targets...
Pivot (invalidation): 0.9785 Our preference Short positions below 0.9785 with targets at 0.9740 & 0.9725 in extension. Alternative scenario Above 0.9785 look for further upside with 0.9815 & 0.9835 as targets...
