Things have turned for oil, which is set for the second weekly loss of the month. The impressive price appreciation that brought oil prices up by over 14% in three days following the presumed Iran attacks on Saudi Aramco oil facilities that caused a production drop by over 50% or 5...
o Pivot (invalidation): 56.60 Our preference Short positions below 56.60 with targets at 55.80 & 55.40 in extension...
Pivot (invalidation): 17.9600 Our preference Short positions below 17.9600 with targets at 17.7100 & 17.5700 in extension. Alternative scenario...
Pivot (invalidation): 1511.00 Our preference Short positions below 1511.00 with targets at 1500.00 & 1497.00 in extension. Alternative scenario...
Pivot (invalidation): 2967.00 Our preference Long positions above 2967.00 with targets at 3006.00 & 3022.00 in extension. Alternative scenario...
Pivot (invalidation): 12314.00 Our preference Short positions below 12314.00 with targets at 12230.00 & 12190.00 in extension. Alternative scenario...
Pivot (invalidation): 5.6730 Our preference Short positions below 5.6730 with targets at 5.6610 & 5.6520 in extension. Alternative scenario...
Pivot (invalidation): 0.6765 Our preference Short positions below 0.6765 with targets at 0.6740 & 0.6720 in extension. Alternative scenario...
Pivot (invalidation): 1.3255 Our preference Long positions above 1.3255 with targets at 1.3290 & 1.3305 in extension. Alternative scenario...
Pivot (invalidation): 0.9920 Our preference Long positions above 0.9920 with targets at 0.9950 & 0.9970 in extension. Alternative scenario...
Pivot (invalidation): 107.85 Our preference Short positions below 107.85 with targets at 107.55 & 107.40 in extension...
Pivot (invalidation): 1.2360 Our preference Short positions below 1.2360 with targets at 1.2305 & 1.2260 in extension. Alternative scenario...
Pivot (invalidation): 1.0940 Our preference Short positions below 1.0940 with targets at 1.0905 & 1.0885 in extension. Alternative scenario...
AUDUSD threatens further downside pressure as it looks to decline further towards the 0.6700 support zone. On the downside, resistance lies at the 1.6650 level. A cut through here will turn focus to the 0.6600 level and then the 0...
SET FILES for THE PHARAOH GRID EXPERT ADVISRO...
The wave of optimism from last Tuesday following the Supreme Court ruling appears to be short-lived as the British pound is set to close the week in negative territory for the second consecutive week (-1.26% week-to-date...
Pivot (invalidation): 57.10 Our preference Short positions below 57.10 with targets at 56.00 & 55.60 in extension. Alternative scenario...
Pivot (invalidation): 18.1300 Our preference Short positions below 18.1300 with targets at 17.8000 & 17.7200 in extension. Alternative scenario...
Pivot (invalidation): 1513.00 Our preference Short positions below 1513.00 with targets at 1503.00 & 1500.00 in extension. Alternative scenario...
