Pivot (invalidation): 1.2115 Our preference Long positions above 1.2115 with targets at 1.2175 & 1.2200 in extension. Alternative scenario Below 1.2115 look for further downside with 1.2095 & 1.2070 as targets...
According to economists' forecast, in 2021 in advanced economies, fiscal and monetary policies will remain stimulating, which will help accelerate economic recovery after the pandemic, but, in turn, will increase inflationary risks...
Pivot (invalidation): 44.65 Our preference Long positions above 44.65 with targets at 45.90 & 46.25 in extension. Alternative scenario Below 44.65 look for further downside with 44.15 & 43.90 as targets...
Pivot (invalidation): 23.5200 Our preference Long positions above 23.5200 with targets at 24.3200 & 24.7200 in extension. Alternative scenario Below 23.5200 look for further downside with 23.1700 & 22.9000 as targets...
Pivot (invalidation): 1817.00 Our preference Long positions above 1817.00 with targets at 1851.00 & 1861.00 in extension. Alternative scenario Below 1817.00 look for further downside with 1807.00 & 1793.00 as targets...
Pivot (invalidation): 3645.00 Our preference Long positions above 3645.00 with targets at 3678.00 & 3700.00 in extension. Alternative scenario Below 3645.00 look for further downside with 3625.00 & 3595.00 as targets...
Pivot (invalidation): 13270.00 Our preference Long positions above 13270.00 with targets at 13380.00 & 13440.00 in extension. Alternative scenario Below 13270.00 look for further downside with 13230.00 & 13170.00 as targets...
Pivot (invalidation): 7.7960 Our preference Long positions above 7.7960 with targets at 7.8800 & 7.9150 in extension. Alternative scenario Below 7.7960 look for further downside with 7.7660 & 7.7390 as targets...
Pivot (invalidation): 0.7385 Our preference Long positions above 0.7385 with targets at 0.7440 & 0.7465 in extension. Alternative scenario Below 0.7385 look for further downside with 0.7370 & 0.7350 as targets...
Pivot (invalidation): 1.2940 Our preference Short positions below 1.2940 with targets at 1.2900 & 1.2885 in extension. Alternative scenario Above 1.2940 look for further upside with 1.2960 & 1.2980 as targets...
Pivot (invalidation): 0.8965 Our preference Short positions below 0.8965 with targets at 0.8920 & 0.8900 in extension. Alternative scenario Above 0.8965 look for further upside with 0.8985 & 0.9010 as targets...
Pivot (invalidation): 104.60 Our preference Short positions below 104.60 with targets at 104.30 & 104.15 in extension. Alternative scenario Above 104.60 look for further upside with 104.75 & 104.90 as targets...
GBP/USD Target 1.3440. Pivot (invalidation): 1.3340 Our preference Long positions above 1.3340 with targets at 1.3410 & 1.3440 in extension. Alternative scenario...
Pivot (invalidation): 1.2080 Our preference Long positions above 1.2080 with targets at 1.2150 & 1.2175 in extension. Alternative scenario Below 1.2080 look for further downside with 1.2060 & 1.2040 as targets...
Investors are now increasingly confident that the Fed will expand its stimulus program to protect the economy amid the pandemic at its December 15-16 meeting...
Pivot (invalidation): 44.70 Our preference Short positions below 44.70 with targets at 43.70 & 43.30 in extension. Alternative scenario Above 44.70 look for further upside with 45.15 & 45.70 as targets...
Pivot (invalidation): 23.4900 Our preference Long positions above 23.4900 with targets at 24.0500 & 24.3200 in extension. Alternative scenario Below 23.4900 look for further downside with 23.1600 & 22.9000 as targets...
Pivot (invalidation): 1793.00 Our preference Long positions above 1793.00 with targets at 1818.00 & 1832.00 in extension. Alternative scenario Below 1793.00 look for further downside with 1782.00 & 1770.00 as targets...
Pivot (invalidation): 3645.00 Our preference Long positions above 3645.00 with targets at 3678.00 & 3700.00 in extension. Alternative scenario Below 3645.00 look for further downside with 3625.00 & 3595.00 as targets...
