Pivot (invalidation): 1.0995 Our preference Short positions below 1.0995 with targets at 1.0965 & 1.0945 in extension. Alternative scenario...
Negotiations around the UK's departure from the European Union dominated the direction of the British pound over the past few years...
STEIN INVESTMENTS - MORNING BRIEFING MARKET ANALYSIS Today we are focused on the GBP which continues it's downtrend. The trends of the major pair is in-line from M1 to D1, so let's spot the currency strength...
Pivot (invalidation): 51.00 Our preference Long positions above 51.00 with targets at 52.25 & 53.00 in extension. Alternative scenario...
Pivot (invalidation): 17.7200 Our preference Short positions below 17.7200 with targets at 17.5200 & 17.4600 in extension. Alternative scenario...
Pivot (invalidation): 1559.50 Our preference Short positions below 1559.50 with targets at 1550.00 & 1547.00 in extension. Alternative scenario...
Pivot (invalidation): 3314.00 Our preference Long positions above 3314.00 with targets at 3353.00 & 3383.00 in extension. Alternative scenario...
Pivot (invalidation): 13575.00 Our preference Short positions below 13575.00 with targets at 13340.00 & 13270.00 in extension. Alternative scenario...
Pivot (invalidation): 5.9880 Our preference Short positions below 5.9880 with targets at 5.9720 & 5.9660 in extension. Alternative scenario...
Pivot (invalidation): 0.6740 Our preference Long positions above 0.6740 with targets at 0.6775 & 0.6785 in extension. Alternative scenario...
Pivot (invalidation): 1.3300 Our preference Short positions below 1.3300 with targets at 1.3275 & 1.3260 in extension. Alternative scenario...
Pivot (invalidation): 0.9720 Our preference Long positions above 0.9720 with targets at 0.9750 & 0.9770 in extension. Alternative scenario...
Pivot (invalidation): 109.70 Our preference Long positions above 109.70 with targets at 110.15 & 110.30 in extension. Alternative scenario...
Pivot (invalidation): 1.3015 Our preference Short positions below 1.3015 with targets at 1.2955 & 1.2940 in extension. Alternative scenario...
Pivot (invalidation): 1.1015 Our preference Short positions below 1.1015 with targets at 1.0985 & 1.0970 in extension. Alternative scenario...
WTI crude is sputtering near the $50 a barrel. What keeps the price from tumbling further is certainly the expectation that the OPEC+ could lower its production by a million barrels per day to readjust its offer to the sharp decline in oil demand caused by the coronavirus...
Pivot (invalidation): 50.45 Our preference Short positions below 50.45 with targets at 49.70 & 49.30 in extension. Alternative scenario...
Pivot (invalidation): 17.6800 Our preference Short positions below 17.6800 with targets at 17.5000 & 17.4100 in extension. Alternative scenario...
Pivot (invalidation): 1563.00 Our preference Short positions below 1563.00 with targets at 1552.00 & 1549.00 in extension. Alternative scenario...
