Pivot (invalidation): 0.9915 Our preference Short positions below 0.9915 with targets at 0.9890 & 0.9870 in extension. Alternative scenario Above 0.9915 look for further upside with 0.9930 & 0.9945 as targets...
Pivot (invalidation): 108.70 Our preference Short positions below 108.70 with targets at 108.45 & 108.30 in extension. Alternative scenario Above 108.70 look for further upside with 108.90 & 109.00 as targets...
Pivot (invalidation): 1.2185 Our preference Short positions below 1.2185 with targets at 1.2120 & 1.2100 in extension. Alternative scenario Above 1.2185 look for further upside with 1.2215 & 1.2245 as targets...
Pivot (invalidation): 1.1145 Our preference Long positions above 1.1145 with targets at 1.1165 & 1.1180 in extension. Alternative scenario Below 1.1145 look for further downside with 1.1130 & 1.1110 as targets...
NZDUSD retains short term weakness as it declined further during Tuesday trading session. Resistance comes in at the 0.6650 level where a break will turn attention to the 0.6700 level. A break of here will have to happen to create scope for a move higher towards the 0.6750 level...
Without much surprise, the Bank of Japan (BoJ) has not decided to implement additional monetary policy easing measures, as its practicability remains a major challenge for central bank members...
Pivot (invalidation): 56.75 Our preference Long positions above 56.75 with targets at 57.60 & 58.00 in extension. Alternative scenario Below 56.75 look for further downside with 56.25 & 55.90 as targets...
Pivot (invalidation): 16.3700 Our preference Long positions above 16.3700 with targets at 16.4800 & 16.5200 in extension. Alternative scenario Below 16.3700 look for further downside with 16.3000 & 16.2500 as targets...
Pivot (invalidation): 1419.50 Our preference Long positions above 1419.50 with targets at 1428.00 & 1433.50 in extension. Alternative scenario Below 1419.50 look for further downside with 1414.50 & 1411.00 as targets...
Pivot (invalidation): 3016.00 Our preference Long positions above 3016.00 with targets at 3028.00 & 3032.00 in extension. Alternative scenario Below 3016.00 look for further downside with 3010.00 & 3004.50 as targets...
Pivot (invalidation): 12387.00 Our preference Long positions above 12387.00 with targets at 12490.00 & 12530.00 in extension. Alternative scenario Below 12387.00 look for further downside with 12340.00 & 12290.00 as targets...
Pivot (invalidation): 5.6300 Our preference Short positions below 5.6300 with targets at 5.5910 & 5.5770 in extension. Alternative scenario Above 5.6300 look for further upside with 5.6530 & 5.6700 as targets...
Pivot (invalidation): 0.6915 Our preference Short positions below 0.6915 with targets at 0.6890 & 0.6875 in extension. Alternative scenario Above 0.6915 look for further upside with 0.6935 & 0.6955 as targets...
Pivot (invalidation): 1.3150 Our preference Long positions above 1.3150 with targets at 1.3180 & 1.3195 in extension. Alternative scenario Below 1.3150 look for further downside with 1.3135 & 1.3115 as targets...
Pivot (invalidation): 0.9925 Our preference Short positions below 0.9925 with targets at 0.9895 & 0.9870 in extension. Alternative scenario Above 0.9925 look for further upside with 0.9945 & 0.9960 as targets...
Pivot (invalidation): 108.90 Our preference Short positions below 108.90 with targets at 108.60 & 108.40 in extension. Alternative scenario Above 108.90 look for further upside with 109.00 & 109.15 as targets...
Pivot (invalidation): 1.2230 Our preference Short positions below 1.2230 with targets at 1.2150 & 1.2110 in extension. Alternative scenario Above 1.2230 look for further upside with 1.2275 & 1.2320 as targets...
Pivot (invalidation): 1.1130 Our preference Long positions above 1.1130 with targets at 1.1150 & 1.1160 in extension. Alternative scenario Below 1.1130 look for further downside with 1.1115 & 1.1100 as targets...
Pivot (invalidation): 56.35 Our preference Short positions below 56.35 with targets at 55.70 & 55.35 in extension. Alternative scenario Above 56.35 look for further upside with 56.70 & 57.00 as targets...
