Dear Trader, profits are better, but the moment requires caution, using Von der Leyen's words: Brexit positions remain distant on fundamental issues. It is precisely at this point that operations return from December 15 on Maryland FX...
Pivot (invalidation): 46.65 Our preference Long positions above 46.65 with targets at 47.30 & 47.75 in extension. Alternative scenario Below 46.65 look for further downside with 46.30 & 45.95 as targets...
Pivot (invalidation): 24.2800 Our preference Short positions below 24.2800 with targets at 23.7500 & 23.5600 in extension. Alternative scenario Above 24.2800 look for further upside with 24.4500 & 24.6700 as targets...
Pivot (invalidation): 1850.00 Our preference Short positions below 1850.00 with targets at 1825.00 & 1815.00 in extension. Alternative scenario Above 1850.00 look for further upside with 1859.00 & 1866.00 as targets...
Pivot (invalidation): 3695.00 Our preference Short positions below 3695.00 with targets at 3645.00 & 3625.00 in extension. Alternative scenario Above 3695.00 look for further upside with 3710.00 & 3740.00 as targets...
Pivot (invalidation): 13210.00 Our preference Long positions above 13210.00 with targets at 13370.00 & 13410.00 in extension. Alternative scenario Below 13210.00 look for further downside with 13163.00 & 13110.00 as targets...
Pivot (invalidation): 7.8500 Our preference Long positions above 7.8500 with targets at 7.9240 & 7.9640 in extension. Alternative scenario Below 7.8500 look for further downside with 7.8170 & 7.7810 as targets...
Pivot (invalidation): 0.7520 Our preference Long positions above 0.7520 with targets at 0.7580 & 0.7615 in extension. Alternative scenario Below 0.7520 look for further downside with 0.7485 & 0.7450 as targets...
Pivot (invalidation): 1.2770 Our preference Short positions below 1.2770 with targets at 1.2700 & 1.2670 in extension. Alternative scenario Above 1.2770 look for further upside with 1.2790 & 1.2810 as targets...
Pivot (invalidation): 0.8875 Our preference Short positions below 0.8875 with targets at 0.8835 & 0.8820 in extension. Alternative scenario Above 0.8875 look for further upside with 0.8900 & 0.8915 as targets...
Pivot (invalidation): 104.25 Our preference Short positions below 104.25 with targets at 103.70 & 103.50 in extension. Alternative scenario Above 104.25 look for further upside with 104.40 & 104.55 as targets...
Pivot (invalidation): 1.3270 Our preference Long positions above 1.3270 with targets at 1.3360 & 1.3390 in extension. Alternative scenario Below 1.3270 look for further downside with 1.3245 & 1.3225 as targets...
Pivot (invalidation): 1.2120 Our preference Long positions above 1.2120 with targets at 1.2175 & 1.2210 in extension. Alternative scenario Below 1.2120 look for further downside with 1.2100 & 1.2080 as targets...
The pound reacted with a decline to the publication of UK GDP data, ignoring the positive data on industrial production, which grew by 1.3% in October (against the forecast of +0.3% and growth by +0.5% in September...
Pivot (invalidation): 45.30 Our preference Long positions above 45.30 with targets at 46.25 & 46.55 in extension. Alternative scenario Below 45.30 look for further downside with 44.95 & 44.65 as targets...
Pivot (invalidation): 24.1800 Our preference Short positions below 24.1800 with targets at 23.5600 & 23.3000 in extension. Alternative scenario Above 24.1800 look for further upside with 24.4300 & 24.6700 as targets...
Pivot (invalidation): 1850.00 Our preference Short positions below 1850.00 with targets at 1825.00 & 1815.00 in extension. Alternative scenario Above 1850.00 look for further upside with 1865.00 & 1875.00 as targets...
S&P 500 Under pressure. Pivot (invalidation): 3695.00 Our preference Short positions below 3695.00 with targets at 3645.00 & 3625.00 in extension. Alternative scenario Above 3695.00 look for further upside with 3710.00 & 3740.00 as targets...
Pivot (invalidation): 13328.00 Our preference Long positions above 13328.00 with targets at 13460.00 & 13490.00 in extension. Alternative scenario Below 13328.00 look for further downside with 13280.00 & 13230.00 as targets...
