Pivot (invalidation): 12270.00 Our preference Long positions above 12270.00 with targets at 12350.00 & 12400.00 in extension. Alternative scenario Below 12270.00 look for further downside with 12230.00 & 12189.00 as targets...
Pivot (invalidation): 5.9260 Our preference Long positions above 5.9260 with targets at 5.9600 & 5.9800 in extension. Alternative scenario Below 5.9260 look for further downside with 5.9000 & 5.8600 as targets...
Pivot (invalidation): 0.7035 Our preference Long positions above 0.7035 with targets at 0.7060 & 0.7080 in extension. Alternative scenario Below 0.7035 look for further downside with 0.7020 & 0.7005 as targets...
Pivot (invalidation): 1.3470 Our preference Short positions below 1.3470 with targets at 1.3445 & 1.3430 in extension. Alternative scenario Above 1.3470 look for further upside with 1.3495 & 1.3515 as targets...
Pivot (invalidation): 1.0200 Our preference Short positions below 1.0200 with targets at 1.0180 & 1.0170 in extension. Alternative scenario Above 1.0200 look for further upside with 1.0220 & 1.0230 as targets...
Pivot (invalidation): 111.70 Our preference Short positions below 111.70 with targets at 111.45 & 111.35 in extension. Alternative scenario Above 111.70 look for further upside with 111.85 & 112.00 as targets...
Pivot (invalidation): 1.2915 Our preference Long positions above 1.2915 with targets at 1.2945 & 1.2960 in extension. Alternative scenario Below 1.2915 look for further downside with 1.2895 & 1.2865 as targets...
Pivot (invalidation): 1.1145 Our preference Long positions above 1.1145 with targets at 1.1175 & 1.1190 in extension. Alternative scenario Below 1.1145 look for further downside with 1.1130 & 1.1120 as targets...
EURUSD remains vulnerable with caution of recovery though retaining its downside pressure. Support comes in at the 1.1100 where a violation will turn risk to the 1.1050 level. A break below here will target the 1.1000 level. Further down, support sits at the 1.0950...
USDCHF turns off higher prices on price failure on Friday leaving risk of a pullback on the cards. Resistance resides at the 1.0250 level. Above here, resistance lies at the 1.0300 level and then the 1.0350 level. Further out, resistance comes in at the 1.0400 level...
First, a review of last week’s events: - EUR/USD. As said in the previous forecast, the euro has returned to the boundaries of the four-month downward channel...
Pivot (invalidation): 65.40 Our preference Short positions below 65.40 with targets at 64.25 & 63.95 in extension. Alternative scenario Above 65.40 look for further upside with 65.80 & 66.15 as targets...
Pivot (invalidation): 14.8900 Our preference Long positions above 14.8900 with targets at 15.0600 & 15.1100 in extension. Alternative scenario Below 14.8900 look for further downside with 14.8400 & 14.7700 as targets...
Pivot (invalidation): 1276.00 Our preference Long positions above 1276.00 with targets at 1285.00 & 1287.00 in extension. Alternative scenario Below 1276.00 look for further downside with 1273.00 & 1270.00 as targets...
s Pivot (invalidation): 2933.00 Our preference Short positions below 2933.00 with targets at 2917.00 & 2913.00 in extension. Alternative scenario...
Pivot (invalidation): 12310.00 Our preference Short positions below 12310.00 with targets at 12190.00 & 12140.00 in extension. Alternative scenario Above 12310.00 look for further upside with 12350.00 & 12400.00 as targets...
Pivot (invalidation): 5.9220 Our preference Long positions above 5.9220 with targets at 5.9600 & 5.9800 in extension. Alternative scenario Below 5.9220 look for further downside with 5.9000 & 5.8600 as targets...
Pivot (invalidation): 0.7005 Our preference Long positions above 0.7005 with targets at 0.7050 & 0.7080 in extension. Alternative scenario Below 0.7005 look for further downside with 0.6985 & 0.6970 as targets...