After in July, the prices for WTI oil reached the next annual maximum near the mark of 73.85 dollars per barrel, later prices fell sharply. As a result of a sharp decline on Wednesday, the price reached the first important support level of 65.87 (EMA144 on the daily chart...
Pivot (invalidation): 6430 Our preference Short positions below 6430 with targets at 6100 & 5800 in extension. Alternative scenario Above 6430 look for further upside with 6630 & 6840 as targets...
Pivot (invalidation): 66.30 Our preference Long positions above 66.30 with targets at 67.45 & 68.00 in extension. Alternative scenario Below 66.30 look for further downside with 65.75 & 65.35 as targets...
Pivot (invalidation): 15.3500 Our preference Long positions above 15.3500 with targets at 15.4800 & 15.5300 in extension. Alternative scenario Below 15.3500 look for further downside with 15.3000 & 15.2500 as targets...
Pivot (invalidation): 1215.50 Our preference Short positions below 1215.50 with targets at 1210.50 & 1208.00 in extension. Alternative scenario Above 1215.50 look for further upside with 1218.00 & 1220.00 as targets...
Pivot (invalidation): 1.1540 Our preference Short positions below 1.1540 with targets at 1.1520 & 1.1505 in extension. Alternative scenario Above 1.1540 look for further upside with 1.1555 & 1.1570 as targets...
Pivot (invalidation): 0.9000 Our preference Long positions above 0.9000 with targets at 0.9045 & 0.9065 in extension. Alternative scenario Below 0.9000 look for further downside with 0.8985 & 0.8965 as targets...
Pivot (invalidation): 0.7415 Our preference Long positions above 0.7415 with targets at 0.7465 & 0.7490 in extension. Alternative scenario Below 0.7415 look for further downside with 0.7400 & 0.7380 as targets...
Pivot (invalidation): 1.3030 Our preference Short positions below 1.3030 with targets at 1.3000 & 1.2975 in extension. Alternative scenario Above 1.3030 look for further upside with 1.3075 & 1.3095 as targets...
Pivot (invalidation): 0.9945 Our preference Short positions below 0.9945 with targets at 0.9915 & 0.9900 in extension. Alternative scenario Above 0.9945 look for further upside with 0.9970 & 0.9985 as targets...
Pivot (invalidation): 0.9945 Our preference Short positions below 0.9945 with targets at 0.9915 & 0.9900 in extension. Alternative scenario Above 0.9945 look for further upside with 0.9970 & 0.9985 as targets...
Pivot (invalidation): 111.00 Our preference Short positions below 111.00 with targets at 110.70 & 110.45 in extension. Alternative scenario Above 111.00 look for further upside with 111.20 & 111.45 as targets...
Pivot (invalidation): 1.2900 Our preference Short positions below 1.2900 with targets at 1.2850 & 1.2820 in extension. Alternative scenario Above 1.2900 look for further upside with 1.2960 & 1.2990 as targets...
Pivot (invalidation): 1.1590 Our preference Long positions above 1.1590 with targets at 1.1630 & 1.1655 in extension. Alternative scenario Below 1.1590 look for further downside with 1.1570 & 1.1550 as targets...
GOLD: The commodity continues to hold on to its downside pressure as it looks to extend its weakness. On the downside, support comes in at the 1,200.00 level where a break will turn attention to the 1,190.00 level...
Since mid-April, the NZD / USD has been trading in a downward channel, falling from the level of 0.7380. After the breakdown of the important support levels of 0.7240 (the Fibonacci level 38.2% of the upward correction to the global wave of decline of the pair from the level of 0...
Pivot (invalidation): 6915 Our preference Short positions below 6915 with targets at 6430 & 6260 in extension. Alternative scenario Above 6915 look for further upside with 7155 & 7350 as targets...
Pivot (invalidation): 111.25 Our preference Long positions above 111.25 with targets at 111.50 & 111.65 in extension. Alternative scenario Below 111.25 look for further downside with 111.10 & 110.95 as targets...
Pivot (invalidation): 1.2920 Our preference Long positions above 1.2920 with targets at 1.2975 & 1.3005 in extension. Alternative scenario Below 1.2920 look for further downside with 1.2890 & 1.2860 as targets...
