Blogs

EUR/USD Retracement Suggests Further Downside

Forex

<p>The EUR/USD has rejected from 1.1400 zone three times and we could see a continuation of the bearish movement if the price rejects from the POC. The POC zone 1.1300-10 is the potential rejection point. The market briefly tested 1.1275 during Asia session so we should see a continuation below. Targets are 1.1250 and 1.1213. […]

Crude Oil: Key Resistance At 36.25

Forex

<p>Pivot (invalidation): 36.25 Our preference Short positions below 36.25 with targets at 34.50 & 33.85 in extension. Alternative scenario Above 36.25 look for further upside with 37.20 & 37.70 as targets. Comment As Long as the resistance at 36.25 is not surpassed, the risk of the break below 34.50 remains high.</p> <p>

Silver Spot: Expect 17.0000

Forex

<p>Pivot (invalidation): 17.7200 Our preference Short positions below 17.7200 with targets at 17.2000 & 17.0000 in extension. Alternative scenario Above 17.7200 look for further upside with 17.8600 & 17.9600 as targets. Comment The RSI is bearish and calls for further downside.</p> <p>The post <a rel="nofollow&qu

DAX: Under Pressure

Forex

<p>Pivot (invalidation): 12185.00 Our preference Short positions below 12185.00 with targets at 11845.00 & 11700.00 in extension. Alternative scenario Above 12185.00 look for further upside with 12300.00 & 12470.00 as targets. Comment The immediate trend remains down and the momentum is strong.</p> <p>The post <a rel=

S&P 500: Intraday Support Around 2970.00

Forex

<p>Pivot (invalidation): 2970.00 Our preference Long positions above 2970.00 with targets at 3068.00 & 3124.00 in extension. Alternative scenario Below 2970.00 look for further downside with 2934.00 & 2900.00 as targets. Comment A support base at 2970.00 has formed and has allowed for a temporary stabilisation.</p> <p>Th

USD/TRY: The Upside Prevails

Forex

<p>Pivot (invalidation): 6.8170 Our preference Long positions above 6.8170 with targets at 6.8530 & 6.8670 in extension. Alternative scenario Below 6.8170 look for further downside with 6.7950 & 6.7670 as targets. Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.</p> <

AUD/USD: Under Pressure

Forex

<p>Pivot (invalidation): 0.6855 Our preference Short positions below 0.6855 with targets at 0.6785 & 0.6745 in extension. Alternative scenario Above 0.6855 look for further upside with 0.6895 & 0.6930 as targets. Comment As Long as 0.6855 is resistance, look for choppy price action with a bearish bias.</p> <p>The post &l

USD/CAD: Further Upside

Forex

<p>Pivot (invalidation): 1.3565 Our preference Long positions above 1.3565 with targets at 1.3700 & 1.3750 in extension. Alternative scenario Below 1.3565 look for further downside with 1.3500 & 1.3445 as targets. Comment The break above 1.3565 is a positive signal that has opened a path to 1.3700.</p> <p>The post <a

USD/CHF: Aim @ 0.9495

Forex

<p>Pivot (invalidation): 0.9405 Our preference Long positions above 0.9405 with targets at 0.9460 & 0.9495 in extension. Alternative scenario Below 0.9405 look for further downside with 0.9375 & 0.9345 as targets. Comment The RSI lacks downward momentum.</p> <p>The post <a rel="nofollow" href="https://w

USD/JPY: Turning Up

Forex

<p>Pivot (invalidation): 106.60 Our preference Long positions above 106.60 with targets at 107.10 & 107.45 in extension. Alternative scenario Below 106.60 look for further downside with 106.30 & 106.00 as targets. Comment The RSI calls for a new upleg.</p> <p>The post <a rel="nofollow" href="https://www

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