The dollar continued to decline during today's Asian session. At the beginning of the European session on Thursday, the DXY dollar index futures were trading near 97.04, 20 pips below the opening price of today's trading day and 56 pips below the opening price of the current week...
Pivot (invalidation): 55.30 Our preference Short positions below 55.30 with targets at 54.75 & 54.40 in extension. Alternative scenario...
Pivot (invalidation): 17.7600 Our preference Long positions above 17.7600 with targets at 17.9600 & 18.1000 in extension. Alternative scenario...
Pivot (invalidation): 1492.00 Our preference Long positions above 1492.00 with targets at 1500.50 & 1508.00 in extension. Alternative scenario...
Pivot (invalidation): 3027.00 Our preference Long positions above 3027.00 with targets at 3060.00 & 3070.00 in extension. Alternative scenario...
Pivot (invalidation): 12930.00 Our preference Short positions below 12930.00 with targets at 12860.00 & 12830.00 in extension. Alternative scenario...
Pivot (invalidation): 5.7300 Our preference Short positions below 5.7300 with targets at 5.6750 & 5.6600 in extension. Alternative scenario...
Pivot (invalidation): 0.6895 Our preference Long positions above 0.6895 with targets at 0.6935 & 0.6955 in extension. Alternative scenario...
Pivot (invalidation): 1.3140 Our preference Long positions above 1.3140 with targets at 1.3170 & 1.3200 in extension. Alternative scenario...
Pivot (invalidation): 0.9890 Our preference Short positions below 0.9890 with targets at 0.9845 & 0.9830 in extension. Alternative scenario...
Pivot (invalidation): 108.80 Our preference Short positions below 108.80 with targets at 108.50 & 108.35 in extension. Alternative scenario...
Pivot (invalidation): 1.2895 Our preference Long positions above 1.2895 with targets at 1.2945 & 1.2965 in extension. Alternative scenario...
Pivot (invalidation): 1.1140 Our preference Long positions above 1.1140 with targets at 1.1180 & 1.1210 in extension. Alternative scenario...
USDCHF with the pair following through lower on the back of its Tuesday price rejection, more weakness is envisaged. Resistance comes in at the 0.9950 level. Above here, resistance lies at the 1.0000 level and then the 1.0050 level. Further out, resistance stands at the 1.0100 level...
Futures on the DXY dollar index is trading at the beginning of today's European session near 97.42, 18 pips below the opening price of the current trading week and 188 pips below 99.30, near which it was trading earlier this month, when the DXY reached its highest level since March 2017 year...
Pivot (invalidation): 55.90 Our preference Short positions below 55.90 with targets at 54.70 & 54.30 in extension. Alternative scenario...
Pivot (invalidation): 1492.50 Our preference Short positions below 1492.50 with targets at 1483.50 & 1479.00 in extension. Alternative scenario...
Pivot (invalidation): 17.8900 Our preference Short positions below 17.8900 with targets at 17.6800 & 17.5800 in extension. Alternative scenario...
Pivot (invalidation): 3020.00 Our preference Long positions above 3020.00 with targets at 3060.00 & 3070.00 in extension. Alternative scenario...
