All Blogs
Pivot (invalidation): 5.6600 Our preference Long positions above 5.6600 with targets at 5.7170 & 5.7400 in extension. Alternative scenario Below 5.6600 look for further downside with 5.6280 & 5.6000 as targets...
Pivot (invalidation): 0.7110 Our preference Long positions above 0.7110 with targets at 0.7145 & 0.7165 in extension. Alternative scenario Below 0.7110 look for further downside with 0.7095 & 0.7085 as targets...
Pivot (invalidation): 1.3340 Our preference Short positions below 1.3340 with targets at 1.3295 & 1.3275 in extension. Alternative scenario Above 1.3340 look for further upside with 1.3365 & 1.3385 as targets...
Pivot (invalidation): 0.9995 Our preference Short positions below 0.9995 with targets at 0.9980 & 0.9965 in extension. Alternative scenario Above 0.9995 look for further upside with 1.0005 & 1.0015 as targets...
Pivot (invalidation): 111.55 Our preference Short positions below 111.55 with targets at 111.25 & 111.00 in extension. Alternative scenario Above 111.55 look for further upside with 111.75 & 111.85 as targets...
Pivot (invalidation): 1.3055 Our preference Long positions above 1.3055 with targets at 1.3090 & 1.3115 in extension. Alternative scenario Below 1.3055 look for further downside with 1.3035 & 1.3005 as targets...
Pivot (invalidation): 1.1250 Our preference Long positions above 1.1250 with targets at 1.1275 & 1.1285 in extension. Alternative scenario Below 1.1250 look for further downside with 1.1235 & 1.1220 as targets...
GBPUSD retains downside pressure with eyes on 1.2986 zone. Below that level will open the door for more towards 1.2950 level. Further down, support comes in at the 1.2900 level where a break will turn focus to the 1.2850 level. Further down, support lies at the 1.2800 level...
A rebound in US employment figures, ongoing sanctions in Iran, Venezuela and now war escalation in Libya without mentioning OPEC’s production cut and improving Sino-American trade discussions remain the major factors for current lift in oil prices...
At the start of the trading week, markets are lacking new drivers that could provide meaningful direction. Last week, US labor market data failed to provide any clarity. US NPF recovered to 196k from ultra weak 20k prior read while wage growth decelerated to 3.2% from 3.4...
Pivot (invalidation): 62.75 Our preference Long positions above 62.75 with targets at 63.90 & 64.45 in extension. Alternative scenario Below 62.75 look for further downside with 62.20 & 61.85 as targets...
Pivot (invalidation): 15.0700 Our preference Long positions above 15.0700 with targets at 15.2500 & 15.3200 in extension. Alternative scenario Below 15.0700 look for further downside with 15.0200 & 14.9400 as targets...
Pivot (invalidation): 1291.00 Our preference Long positions above 1291.00 with targets at 1300.00 & 1303.00 in extension. Alternative scenario Below 1291.00 look for further downside with 1288.00 & 1284.25 as targets...
Pivot (invalidation): 2879.25 Our preference Long positions above 2879.25 with targets at 2904.50 & 2909.50 in extension. Alternative scenario Below 2879.25 look for further downside with 2869.00 & 2859.25 as targets...
Pivot (invalidation): 11930.00 Our preference Long positions above 11930.00 with targets at 12027.00 & 12112.00 in extension. Alternative scenario Below 11930.00 look for further downside with 11865.00 & 11810.00 as targets...
Pivot (invalidation): 5.6100 Our preference Long positions above 5.6100 with targets at 5.6600 & 5.6900 in extension. Alternative scenario Below 5.6100 look for further downside with 5.5800 & 5.5540 as targets...
Pivot (invalidation): 0.7110 Our preference Short positions below 0.7110 with targets at 0.7090 & 0.7070 in extension. Alternative scenario Above 0.7110 look for further upside with 0.7130 & 0.7145 as targets...
Pivot (invalidation): 1.3385 Our preference Short positions below 1.3385 with targets at 1.3345 & 1.3330 in extension. Alternative scenario Above 1.3385 look for further upside with 1.3400 & 1.3420 as targets...
Pivot (invalidation): 1.0000 Our preference Short positions below 1.0000 with targets at 0.9980 & 0.9965 in extension. Alternative scenario Above 1.0000 look for further upside with 1.0010 & 1.0020 as targets...
