All Blogs
Pivot (invalidation): 1.3210 Our preference Short positions below 1.3210 with targets at 1.3170 & 1.3145 in extension. Alternative scenario Above 1.3210 look for further upside with 1.3230 & 1.3255 as targets...
Pivot (invalidation): 0.9745 Our preference Short positions below 0.9745 with targets at 0.9690 & 0.9670 in extension. Alternative scenario Above 0.9745 look for further upside with 0.9780 & 0.9800 as targets...
Pivot (invalidation): 107.45 Our preference Short positions below 107.45 with targets at 106.80 & 106.50 in extension. Alternative scenario Above 107.45 look for further upside with 107.70 & 107.85 as targets...
Pivot (invalidation): 1.2760 Our preference Short positions below 1.2760 with targets at 1.2725 & 1.2705 in extension. Alternative scenario Above 1.2760 look for further upside with 1.2800 & 1.2820 as targets...
Pivot (invalidation): 1.1380 Our preference Long positions above 1.1380 with targets at 1.1420 & 1.1440 in extension. Alternative scenario Below 1.1380 look for further downside with 1.1355 & 1.1330 as targets...
USDJPY still eyes further downside pressure as expect more weakness to occur in the new week. On the upside, resistance comes in at 107.50 level. Above this level will turn attention to the 108.00 level. Further out, we expect a possible move towards the 108.50 level...
The global risk-on sentiment from last week has given the kiwi a strong boost following a drag amid geopolitical developments in the Gulf of Oman and the announcement made by China to raise anti-dumping duties on seamless alloy steel tubes...
USD/CHF has completely collapsed last week as it fell as much as 2.60%, sliding from 1.0015 to 0.9755, following the Jerome Powell’s dovish performance during the last FOMC press conference...
Pivot (invalidation): 57.05 Our preference Long positions above 57.05 with targets at 58.50 & 59.20 in extension. Alternative scenario Below 57.05 look for further downside with 56.60 & 56.10 as targets...
Pivot (invalidation): 15.2200 Our preference Long positions above 15.2200 with targets at 15.5500 & 15.6600 in extension. Alternative scenario Below 15.2200 look for further downside with 15.1200 & 15.0500 as targets...
Pivot (invalidation): 1393.00 Our preference Long positions above 1393.00 with targets at 1419.00 & 1430.00 in extension. Alternative scenario Below 1393.00 look for further downside with 1382.50 & 1377.00 as targets...
Pivot (invalidation): 2930.00 Our preference Long positions above 2930.00 with targets at 2973.00 & 2990.00 in extension. Alternative scenario Below 2930.00 look for further downside with 2910.00 & 2897.00 as targets...
Pivot (invalidation): 12440.00 Our preference Short positions below 12440.00 with targets at 12300.00 & 12220.00 in extension. Alternative scenario Above 12440.00 look for further upside with 12540.00 & 12610.00 as targets...
Pivot (invalidation): 5.7930 Our preference Short positions below 5.7930 with targets at 5.7230 & 5.7000 in extension. Alternative scenario Above 5.7930 look for further upside with 5.8380 & 5.8850 as targets...
Pivot (invalidation): 0.6925 Our preference Long positions above 0.6925 with targets at 0.6975 & 0.7000 in extension. Alternative scenario Below 0.6925 look for further downside with 0.6905 & 0.6885 as targets...
Pivot (invalidation): 1.3225 Our preference Short positions below 1.3225 with targets at 1.3180 & 1.3155 in extension. Alternative scenario Above 1.3225 look for further upside with 1.3255 & 1.3285 as targets...
Pivot (invalidation): 0.9795 Our preference Short positions below 0.9795 with targets at 0.9730 & 0.9690 in extension. Alternative scenario Above 0.9795 look for further upside with 0.9835 & 0.9870 as targets...
Pivot (invalidation): 107.45 Our preference Short positions below 107.45 with targets at 107.20 & 107.00 in extension. Alternative scenario Above 107.45 look for further upside with 107.70 & 107.85 as targets...
Pivot (invalidation): 1.2710 Our preference Long positions above 1.2710 with targets at 1.2760 & 1.2790 in extension. Alternative scenario Below 1.2710 look for further downside with 1.2670 & 1.2640 as targets...
