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Pivot (invalidation): 1.1835 Our preference Long positions above 1.1835 with targets at 1.1880 & 1.1900 in extension. Alternative scenario Below 1.1835 look for further downside with 1.1815 & 1.1795 as targets...
In the commodity market, oil prices are bullish at the start of the week, recovering some of the previous losses. Crude prices are increasing on hopes that OPEC+ would maintain current production cuts...
Futures on Wall Street’s three main indexes continue to ascend after equities gained over 1% on Friday. The stock market showed a mixed performance last week, as focus oscillated between the vaccine news and the surging number of COVID infections...
Pivot (invalidation): 40.10 Our preference Long positions above 40.10 with targets at 41.05 & 41.55 in extension. Alternative scenario Below 40.10 look for further downside with 39.40 & 38.90 as targets...
Pivot (invalidation): 24.5800 Our preference Long positions above 24.5800 with targets at 25.1700 & 25.4900 in extension. Alternative scenario Below 24.5800 look for further downside with 24.4100 & 24.2000 as targets...
Pivot (invalidation): 1880.00 Our preference Long positions above 1880.00 with targets at 1912.00 & 1921.00 in extension. Alternative scenario Below 1880.00 look for further downside with 1873.00 & 1867.00 as targets...
Pivot (invalidation): 3552.00 Our preference Long positions above 3552.00 with targets at 3645.00 & 3690.00 in extension. Alternative scenario Below 3552.00 look for further downside with 3485.00 & 3440.00 as targets...
Pivot (invalidation): 13000.00 Our preference Long positions above 13000.00 with targets at 13210.00 & 13330.00 in extension. Alternative scenario Below 13000.00 look for further downside with 12810.00 & 12670.00 as targets...
Pivot (invalidation): 7.7400 Our preference Short positions below 7.7400 with targets at 7.5840 & 7.5110 in extension. Alternative scenario Above 7.7400 look for further upside with 7.8160 & 7.8930 as targets...
Pivot (invalidation): 0.7260 Our preference Long positions above 0.7260 with targets at 0.7300 & 0.7320 in extension. Alternative scenario Below 0.7260 look for further downside with 0.7240 & 0.7220 as targets...
Pivot (invalidation): 1.3140 Our preference Short positions below 1.3140 with targets at 1.3075 & 1.3055 in extension. Alternative scenario Above 1.3140 look for further upside with 1.3170 & 1.3190 as targets...
Pivot (invalidation): 0.9140 Our preference Short positions below 0.9140 with targets at 0.9110 & 0.9090 in extension. Alternative scenario Above 0.9140 look for further upside with 0.9155 & 0.9170 as targets...
Pivot (invalidation): 104.80 Our preference Short positions below 104.80 with targets at 104.40 & 104.20 in extension. Alternative scenario Above 104.80 look for further upside with 105.10 & 105.35 as targets...
Pivot (invalidation): 1.3195 Our preference Long positions above 1.3195 with targets at 1.3245 & 1.3275 in extension. Alternative scenario Below 1.3195 look for further downside with 1.3170 & 1.3150 as targets...
Pivot (invalidation): 1.1830 Our preference Long positions above 1.1830 with targets at 1.1860 & 1.1880 in extension. Alternative scenario Below 1.1830 look for further downside with 1.1810 & 1.1785 as targets...
First, a review of last week’s events: - EUR/USD . Last week, we started talking about complete uncertainty in the market, when investors just shrug their shoulders, not knowing what to expect in the near future. Yes, Joe Biden has won the presidential election. It seems to have won...
At the time of writing, China’s Shanghai Composite is down 1.32%, and the Shenzhen Component has lost 0.88...
In the commodity market, oil prices are declining but are set to end the week higher. WTI slumped by almost 1.5% to $40.53, and Brent fell 1.10% to $43. Crude prices are under pressure amid fears of a slow economic recovery and weakening demand caused by the resurgence of the pandemic...
US equities tumbled on Thursday as investors focused on the accelerating number of COVID infections after an oversaturated optimism surrounding the coronavirus vaccine candidate produced by Pfizer and BieNTech...
