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Pivot (invalidation): 103.80 Our preference Short positions below 103.80 with targets at 103.45 & 103.20 in extension. Alternative scenario Above 103.80 look for further upside with 103.95 & 104.15 as targets...
Pivot (invalidation): 1.3395 Our preference Long positions above 1.3395 with targets at 1.3480 & 1.3510 in extension. Alternative scenario Below 1.3395 look for further downside with 1.3345 & 1.3290 as targets...
Pivot (invalidation): 1.2145 Our preference Long positions above 1.2145 with targets at 1.2180 & 1.2200 in extension. Alternative scenario Below 1.2145 look for further downside with 1.2135 & 1.2120 as targets...
Immediately following the publication of the minutes from the December RBA meeting, the Australian dollar weakened, while the AUD / USD fell 0.33% (or 25 points), to an intraday low near the 0.7508 mark (see "Technical Analysis and Trading Recommendations...
In the commodity market, oil prices are declining on fears of tighter coronavirus restrictions in the US and Europe. Also, OPEC expects a slower recovery in demand in 2021. WTI and Brent are both down 0.74%. London required bars and restaurants to close, as the rate of infections is accelerating...
US stock indexes took different routes on Monday, with the Nasdaq managing to secure a gain. The S&P 500 and the Dow closed in the red, dragged down by Walt Disney. Dow Jones managed to update the record high before closing lower...
Pivot (invalidation): 46.50 Our preference Long positions above 46.50 with targets at 47.05 & 47.40 in extension. Alternative scenario Below 46.50 look for further downside with 46.10 & 45.70 as targets...
Pivot (invalidation): 23.8000 Our preference Long positions above 23.8000 with targets at 24.1300 & 24.2800 in extension. Alternative scenario Below 23.8000 look for further downside with 23.6700 & 23.5800 as targets...
Pivot (invalidation): 1825.00 Our preference Long positions above 1825.00 with targets at 1839.00 & 1848.00 in extension. Alternative scenario Below 1825.00 look for further downside with 1818.00 & 1812.00 as targets...
Pivot (invalidation): 3695.00 Our preference Short positions below 3695.00 with targets at 3633.00 & 3595.00 in extension. Alternative scenario Above 3695.00 look for further upside with 3710.00 & 3740.00 as targets...
Pivot (invalidation): 13290.00 Our preference Short positions below 13290.00 with targets at 13190.00 & 13110.00 in extension. Alternative scenario Above 13290.00 look for further upside with 13380.00 & 13460.00 as targets...
Pivot (invalidation): 7.9000 Our preference Short positions below 7.9000 with targets at 7.8170 & 7.7830 in extension. Alternative scenario Above 7.9000 look for further upside with 7.9330 & 7.9700 as targets. Comment As Long as the resistance at 7...
Pivot (invalidation): 0.7550 Our preference Short positions below 0.7550 with targets at 0.7480 & 0.7455 in extension. Alternative scenario Above 0.7550 look for further upside with 0.7580 & 0.7600 as targets...
Pivot (invalidation): 1.2745 Our preference Long positions above 1.2745 with targets at 1.2790 & 1.2810 in extension. Alternative scenario Below 1.2745 look for further downside with 1.2720 & 1.2700 as targets...
Pivot (invalidation): 0.8850 Our preference Long positions above 0.8850 with targets at 0.8875 & 0.8890 in extension. Alternative scenario Below 0.8850 look for further downside with 0.8835 & 0.8820 as targets...
Pivot (invalidation): 103.95 Our preference Long positions above 103.95 with targets at 104.30 & 104.45 in extension. Alternative scenario Below 103.95 look for further downside with 103.80 & 103.70 as targets...
Pivot (invalidation): 1.3370 Our preference Short positions below 1.3370 with targets at 1.3300 & 1.3265 in extension. Alternative scenario Above 1.3370 look for further upside with 1.3405 & 1.3445 as targets...
Pivot (invalidation): 1.2165 Our preference Short positions below 1.2165 with targets at 1.2140 & 1.2120 in extension. Alternative scenario Above 1.2165 look for further upside with 1.2180 & 1.2195 as targets...
This week (Thursday) a regular meeting of the Bank of England will take place, and its decision on the rate and program for the purchase of assets will be published at 12:00 (GMT...
