Pre European Open, Daily Technical Analysis Tuesday, February 23, 2016
23 February 2016, 09:12
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| Pivot: 1.4170 Most Likely Scenario: short positions below 1.4170 with targets @ 1.4055 & 1.3990 in extension. Alternative scenario: above 1.4170 look for further upside with 1.4250 & 1.4340 as targets. Comment: the RSI is mixed to bearish. |
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| Pivot: 112.70 Most Likely Scenario: short positions below 112.70 with targets @ 111.65 & 111.00 in extension. Alternative scenario: above 112.70 look for further upside with 113.35 & 114.00 as targets. Comment: The pair emerges to the downside after completing a broadening formation. |
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| Pivot: 0.7195 Most Likely Scenario: long positions above 0.7195 with targets @ 0.7245 & 0.7270 in extension. Alternative scenario: below 0.7195 look for further downside with 0.7155 & 0.7130 as targets. Comment: the RSI is mixed to bullish. |
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| Pivot: 1207.00 Most Likely Scenario: long positions above 1207.00 with targets @ 1226.50 & 1233.00 in extension. Alternative scenario: below 1207.00 look for further downside with 1200.00 & 1191.00 as targets. Comment: the RSI is mixed with a bullish bias. |
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| Pivot: 32.15 Most Likely Scenario: long positions above 32.15 with targets @ 33.80 & 34.20 in extension. Alternative scenario: below 32.15 look for further downside with 31.50 & 30.75 as targets. Comment: the RSI is mixed to bullish. |
