All Blogs
Pivot (invalidation): 1.2715 Our preference Long positions above 1.2715 with targets at 1.2765 & 1.2780 in extension. Alternative scenario Below 1.2715 look for further downside with 1.2700 & 1.2685 as targets...
Pivot (invalidation): 0.8820 Our preference Long positions above 0.8820 with targets at 0.8860 & 0.8880 in extension. Alternative scenario Below 0.8820 look for further downside with 0.8800 & 0.8780 as targets...
Pivot (invalidation): 103.10 Our preference Long positions above 103.10 with targets at 103.70 & 103.90 in extension. Alternative scenario Below 103.10 look for further downside with 102.90 & 102.70 as targets...
Pivot (invalidation): 1.3590 Our preference Short positions below 1.3590 with targets at 1.3495 & 1.3450 in extension. Alternative scenario Above 1.3590 look for further upside with 1.3620 & 1.3655 as targets...
Pivot (invalidation): 1.2275 Our preference Short positions below 1.2275 with targets at 1.2225 & 1.2200 in extension. Alternative scenario Above 1.2275 look for further upside with 1.2300 & 1.2325 as targets...
After yesterday's decision and statements by the Fed leaders, the DXY dollar index dropped to a new local almost 3-year low of 90.05 and continued to decline today, reaching 89.80 mark...
In the commodity market, oil prices rose to a nine-month high after the US reported a decline in crude stockpiles last week and amid stimulus hopes. Both the WTI and Brent are up over 1% to the highest level since the beginning of March...
US equities were undecided on Wednesday. The three benchmark indexes were mixed at the close, with the optimism over the next stimulus package being offset by the negative economic impact from the pandemic. Dow Jones declined by 0.15%, but the S&P 500 rose 0...
Pivot (invalidation): 47.70 Our preference Long positions above 47.70 with targets at 48.90 & 49.30 in extension. Alternative scenario Below 47.70 look for further downside with 47.30 & 46.90 as targets...
Pivot (invalidation): 24.8500 Our preference Long positions above 24.8500 with targets at 25.6100 & 25.8900 in extension. Alternative scenario Below 24.8500 look for further downside with 24.5600 & 24.2900 as targets...
Pivot (invalidation): 1850.00 Our preference Long positions above 1850.00 with targets at 1875.00 & 1884.00 in extension. Alternative scenario Below 1850.00 look for further downside with 1841.00 & 1834.00 as targets...
Pivot (invalidation): 3678.00 Our preference Long positions above 3678.00 with targets at 3712.00 & 3740.00 in extension. Alternative scenario Below 3678.00 look for further downside with 3660.00 & 3633.00 as targets...
Pivot (invalidation): 13499.00 Our preference Long positions above 13499.00 with targets at 13596.00 & 13680.00 in extension. Alternative scenario Below 13499.00 look for further downside with 13360.00 & 13280.00 as targets...
Pivot (invalidation): 7.8250 Our preference Short positions below 7.8250 with targets at 7.7800 & 7.7520 in extension. Alternative scenario Above 7.8250 look for further upside with 7.8570 & 7.9000 as targets...
Pivot (invalidation): 0.7565 Our preference Long positions above 0.7565 with targets at 0.7600 & 0.7615 in extension. Alternative scenario Below 0.7565 look for further downside with 0.7550 & 0.7535 as targets...
Pivot (invalidation): 1.2750 Our preference Short positions below 1.2750 with targets at 1.2710 & 1.2690 in extension. Alternative scenario Above 1.2750 look for further upside with 1.2770 & 1.2790 as targets...
Pivot (invalidation): 0.8865 Our preference Short positions below 0.8865 with targets at 0.8835 & 0.8820 in extension. Alternative scenario Above 0.8865 look for further upside with 0.8890 & 0.8910 as targets...
Pivot (invalidation): 103.65 Our preference Short positions below 103.65 with targets at 103.20 & 103.00 in extension. Alternative scenario Above 103.65 look for further upside with 103.90 & 104.15 as targets...
Pivot (invalidation): 1.3490 Our preference Long positions above 1.3490 with targets at 1.3575 & 1.3600 in extension. Alternative scenario Below 1.3490 look for further downside with 1.3450 & 1.3430 as targets...