Against the background of the weakening of the US dollar since the beginning of October, the NZD / USD pair is in an upward correction after a strong fall from mid-April and the level of 0.7380. Having pushed off from the support level of 0...
Pivot (invalidation): 62.10 Our preference Short positions below 62.10 with targets at 61.20 & 60.75 in extension. Alternative scenario Above 62.10 look for further upside with 62.50 & 63.20 as targets...
Pivot (invalidation): 14.6500 Our preference Short positions below 14.6500 with targets at 14.4600 & 14.3700 in extension. Alternative scenario Above 14.6500 look for further upside with 14.7100 & 14.8000 as targets...
Pivot (invalidation): 1229.00 Our preference Short positions below 1229.00 with targets at 1223.00 & 1218.50 in extension. Alternative scenario Above 1229.00 look for further upside with 1233.00 & 1236.50 as targets...
Pivot (invalidation): 2774.00 Our preference Long positions above 2774.00 with targets at 2830.00 & 2875.00 in extension. Alternative scenario Below 2774.00 look for further downside with 2739.00 & 2700.00 as targets...
Pivot (invalidation): 11480.00 Our preference Long positions above 11480.00 with targets at 11630.00 & 11780.00 in extension. Alternative scenario Below 11480.00 look for further downside with 11370.00 & 11288.00 as targets...
Pivot (invalidation): 5.3460 Our preference Long positions above 5.3460 with targets at 5.4120 & 5.4470 in extension. Alternative scenario Below 5.3460 look for further downside with 5.3230 & 5.2970 as targets...
Pivot (invalidation): 0.7260 Our preference Long positions above 0.7260 with targets at 0.7300 & 0.7325 in extension. Alternative scenario Below 0.7260 look for further downside with 0.7235 & 0.7210 as targets...
Pivot (invalidation): 1.3100 Our preference Long positions above 1.3100 with targets at 1.3135 & 1.3155 in extension. Alternative scenario Below 1.3100 look for further downside with 1.3080 & 1.3060 as targets...
Pivot (invalidation): 1.0000 Our preference Long positions above 1.0000 with targets at 1.0045 & 1.0070 in extension. Alternative scenario Below 1.0000 look for further downside with 0.9985 & 0.9965 as targets...
Pivot (invalidation): 113.45 Our preference Long positions above 113.45 with targets at 114.00 & 114.20 in extension. Alternative scenario Below 113.45 look for further downside with 113.20 & 112.95 as targets...
Pivot (invalidation): 1.3160 Our preference Short positions below 1.3160 with targets at 1.3105 & 1.3070 in extension. Alternative scenario Above 1.3160 look for further upside with 1.3200 & 1.3235 as targets...
Pivot (invalidation): 1.1455 Our preference Short positions below 1.1455 with targets at 1.1405 & 1.1390 in extension. Alternative scenario Above 1.1455 look for further upside with 1.1475 & 1.1500 as targets...
After the results of voting in the primary elections to the US Congress became known, the dollar fell in the foreign exchange market. The DXY dollar index, which tracks the US currency against a basket of 6 other major currencies, is close to 95...
We have many important events, the most important being the decline of the Republican Party in the US midterm elections, which will affect the chances of the US President to remain a strong president, so the President may not receive the necessary support to continue its economic policy Analysis...
Pivot (invalidation): 62.50 Our preference Short positions below 62.50 with targets at 61.30 & 60.70 in extension. Alternative scenario Above 62.50 look for further upside with 63.30 & 63.90 as targets...
Pivot (invalidation): 14.6200 Our preference Short positions below 14.6200 with targets at 14.4500 & 14.3600 in extension. Alternative scenario Above 14.6200 look for further upside with 14.7100 & 14.8200 as targets...
Pivot (invalidation): 1231.00 Our preference Short positions below 1231.00 with targets at 1223.00 & 1220.00 in extension. Alternative scenario Above 1231.00 look for further upside with 1233.00 & 1236.50 as targets...
