Pivot (invalidation): 0.7565 Our preference Long positions above 0.7565 with targets at 0.7600 & 0.7615 in extension. Alternative scenario Below 0.7565 look for further downside with 0.7550 & 0.7535 as targets...
Pivot (invalidation): 1.2750 Our preference Short positions below 1.2750 with targets at 1.2710 & 1.2690 in extension. Alternative scenario Above 1.2750 look for further upside with 1.2770 & 1.2790 as targets...
Pivot (invalidation): 0.8865 Our preference Short positions below 0.8865 with targets at 0.8835 & 0.8820 in extension. Alternative scenario Above 0.8865 look for further upside with 0.8890 & 0.8910 as targets...
Pivot (invalidation): 103.65 Our preference Short positions below 103.65 with targets at 103.20 & 103.00 in extension. Alternative scenario Above 103.65 look for further upside with 103.90 & 104.15 as targets...
Pivot (invalidation): 1.3490 Our preference Long positions above 1.3490 with targets at 1.3575 & 1.3600 in extension. Alternative scenario Below 1.3490 look for further downside with 1.3450 & 1.3430 as targets...
Pivot (invalidation): 1.2180 Our preference Long positions above 1.2180 with targets at 1.2235 & 1.2255 in extension. Alternative scenario Below 1.2180 look for further downside with 1.2165 & 1.2145 as targets...
The US dollar is declining both on optimism around the expected fiscal stimulus to the US economy, which increases investor risk appetite, and on the coronavirus vaccination. Today, market participants will closely study the results of the 2-day Fed meeting...
Oil prices are retreating on Wednesday on the back of the weekly report from the American Petroleum Institute, which showed an unexpected build of 1.973 million barrels last week, while analysts expected a 3.5-million-barrel draw...
Pivot (invalidation): 47.05 Our preference Long positions above 47.05 with targets at 47.75 & 48.30 in extension. Alternative scenario Below 47.05 look for further downside with 46.55 & 46.10 as targets...
Pivot (invalidation): 24.4200 Our preference Long positions above 24.4200 with targets at 24.8600 & 25.0200 in extension. Alternative scenario Below 24.4200 look for further downside with 24.2800 & 24.1500 as targets...
Pivot (invalidation): 1843.00 Our preference Long positions above 1843.00 with targets at 1866.00 & 1875.00 in extension. Alternative scenario Below 1843.00 look for further downside with 1834.00 & 1825.00 as targets...
Pivot (invalidation): 3660.00 Our preference Long positions above 3660.00 with targets at 3710.00 & 3740.00 in extension. Alternative scenario Below 3660.00 look for further downside with 3633.00 & 3595.00 as targets...
Pivot (invalidation): 13280.00 Our preference Long positions above 13280.00 with targets at 13420.00 & 13460.00 in extension. Alternative scenario Below 13280.00 look for further downside with 13210.00 & 13120.00 as targets...
Pivot (invalidation): 7.8640 Our preference Short positions below 7.8640 with targets at 7.8100 & 7.7830 in extension. Alternative scenario Above 7.8640 look for further upside with 7.9000 & 7.9330 as targets...
Pivot (invalidation): 0.7530 Our preference Long positions above 0.7530 with targets at 0.7580 & 0.7600 in extension. Alternative scenario Below 0.7530 look for further downside with 0.7505 & 0.7480 as targets...
Pivot (invalidation): 1.2730 Our preference Short positions below 1.2730 with targets at 1.2675 & 1.2650 in extension. Alternative scenario Above 1.2730 look for further upside with 1.2750 & 1.2770 as targets...
Pivot (invalidation): 0.8870 Our preference Short positions below 0.8870 with targets at 0.8845 & 0.8830 in extension. Alternative scenario Above 0.8870 look for further upside with 0.8880 & 0.8895 as targets...
Pivot (invalidation): 103.80 Our preference Short positions below 103.80 with targets at 103.45 & 103.20 in extension. Alternative scenario Above 103.80 look for further upside with 103.95 & 104.15 as targets...
Pivot (invalidation): 1.3395 Our preference Long positions above 1.3395 with targets at 1.3480 & 1.3510 in extension. Alternative scenario Below 1.3395 look for further downside with 1.3345 & 1.3290 as targets...
