Blogs

(12 JUNE 2020)DAX Under pressure.

Forex

<p>Pivot</p> <p>&nbsp;(invalidation): 12185.00 Our preference</p> <p>Short positions below 12185.00 with targets at 11845.00 &amp; 11700.00 in extension.</p> <p>Alternative scenario</p> <p>Above 12185.00 look for further upside with 12300.00 &amp; 12470.00 as targets.</p>

(12 JUNE 2020)AUD/USD Under pressure.

Forex

<p>Pivot</p> <p>&nbsp;(invalidation): 0.6855 Our preference</p> <p>Short positions below 0.6855 with targets at 0.6785 &amp; 0.6745 in extension.</p> <p>Alternative scenario</p> <p>Above 0.6855 look for further upside with 0.6895 &amp; 0.6930 as targets.</p>

(12 JUNE 2020)USD/CAD Further upside.

Forex

<p>Pivot</p> <p>&nbsp;(invalidation): 1.3565 Our preference</p> <p>Long positions above 1.3565 with targets at 1.3700 &amp; 1.3750 in extension.</p> <p>Alternative scenario</p> <p>Below 1.3565 look for further downside with 1.3500 &amp; 1.3445 as targets.</p>

(12 JUNE 2020)USD/CHF Aim @ 0.9495.

Forex

<p>Pivot</p> <p>&nbsp;(invalidation): 0.9405 Our preference</p> <p>Long positions above 0.9405 with targets at 0.9460 &amp; 0.9495 in extension.</p> <p>Alternative scenario</p> <p>Below 0.9405 look for further downside with 0.9375 &amp; 0.9345 as targets.</p>

(12 JUNE 2020)USD/JPY Turning up.

Forex

<p>Pivot</p> <p>&nbsp;(invalidation): 106.60 Our preference</p> <p>Long positions above 106.60 with targets at 107.10 &amp; 107.45 in extension.</p> <p>Alternative scenario</p> <p>Below 106.60 look for further downside with 106.30 &amp; 106.00 as targets.</p>

(12 JUNE 2020)GBP/USD Watch 1.2475.

Forex

<p>Pivot</p> <p>&nbsp;(invalidation): 1.2605 Our preference</p> <p>Short positions below 1.2605 with targets at 1.2515 &amp; 1.2475 in extension.</p> <p>Alternative scenario</p> <p>Above 1.2605 look for further upside with 1.2645 &amp; 1.2675 as targets.</p>

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