Pivot (invalidation): 1.1665 Our preference Long positions above 1.1665 with targets at 1.1715 & 1.1735 in extension. Alternative scenario Below 1.1665 look for further downside with 1.1645 & 1.1610 as targets...
EURUSD: The pair now faces further corrective higher as it looks to extend strength. On the upside, resistance comes in at 1.1650 level with a break through there opening the door for more upside towards the 1.1700 level. Further up, resistance lies at the 1...
Pivot (invalidation): 70.50 Our preference Short positions below 70.50 with targets at 69.15 & 68.70 in extension. Alternative scenario Above 70.50 look for further upside with 70.90 & 71.25 as targets...
Pivot (invalidation): 14.1500 Our preference Long positions above 14.1500 with targets at 14.3000 & 14.3800 in extension. Alternative scenario Below 14.1500 look for further downside with 14.0600 & 13.9900 as targets...
Pivot (invalidation): 1202.25 Our preference Long positions above 1202.25 with targets at 1208.50 & 1212.50 in extension. Alternative scenario Below 1202.25 look for further downside with 1198.00 & 1192.50 as targets...
Pivot (invalidation): 2880.00 Our preference Long positions above 2880.00 with targets at 2898.00 & 2911.00 in extension. Alternative scenario Below 2880.00 look for further downside with 2866.00 & 2854.00 as targets...
Pivot (invalidation): 11950.00 Our preference Long positions above 11950.00 with targets at 12095.00 & 12160.00 in extension. Alternative scenario Below 11950.00 look for further downside with 11880.00 & 11800.00 as targets...
Pivot (invalidation): 6.3740 Our preference Short positions below 6.3740 with targets at 6.3300 & 6.3020 in extension. Alternative scenario Above 6.3740 look for further upside with 6.4200 & 6.4600 as targets...
Pivot (invalidation): 0.7160 Our preference Long positions above 0.7160 with targets at 0.7210 & 0.7230 in extension. Alternative scenario Below 0.7160 look for further downside with 0.7140 & 0.7125 as targets...
Pivot (invalidation): 1.3040 Our preference Short positions below 1.3040 with targets at 1.2975 & 1.2935 in extension. Alternative scenario Above 1.3040 look for further upside with 1.3075 & 1.3115 as targets...
Pivot (invalidation): 0.9710 Our preference Short positions below 0.9710 with targets at 0.9675 & 0.9660 in extension. Alternative scenario Above 0.9710 look for further upside with 0.9730 & 0.9750 as targets...
Pivot (invalidation): 111.15 Our preference Long positions above 111.15 with targets at 111.65 & 111.75 in extension. Alternative scenario Below 111.15 look for further downside with 111.00 & 110.85 as targets...
Pivot (invalidation): 1.3020 Our preference Long positions above 1.3020 with targets at 1.3080 & 1.3110 in extension. Alternative scenario Below 1.3020 look for further downside with 1.2980 & 1.2950 as targets...
Pivot (invalidation): 1.1610 Our preference Long positions above 1.1610 with targets at 1.1650 & 1.1670 in extension. Alternative scenario Below 1.1610 look for further downside with 1.1585 & 1.1570 as targets...
GOLD: The commodity looks to follow through higher on the back of its Tuesday price rejection. This has opened the door for more recovery higher. On the downside, support comes in at the 1,190.00 level where a break will turn attention to the 1,180.00 level...
As the American Petroleum Institute (API) reported late Tuesday, oil and oil products stocks fell 8.636 million barrels last week. On the eve of oil prices have been growing on reports of riots in Libya and in connection with the hurricane Florence approaching to the US...
On Tuesday, the Australian dollar has slid to its lowest level since February 2016, reaching 0.7085 against the greenback. Even though the intensifying U.S.-China trade conflict has been weighting significantly on the Aussie, it is not the only factor...
Pivot (invalidation): 69.20 Our preference Long positions above 69.20 with targets at 70.15 & 70.80 in extension. Alternative scenario Below 69.20 look for further downside with 68.50 & 67.90 as targets...
