<p>Pivot (invalidation): 15.5200 Our preference Short positions below 15.5200 with targets at 15.3100 & 15.1900 in extension. Alternative scenario Above 15.5200 look for further upside with 15.6200 & 15.7600 as targets. Comment As Long as 15.5200 is resistance, look for choppy price action with a bearish bias.</p> <p&
Blogs
Gold Spot Key Resistance At 1705.00
<p>Pivot (invalidation): 1705.00 Our preference Short positions below 1705.00 with targets at 1690.00 & 1681.00 in extension. Alternative scenario Above 1705.00 look for further upside with 1712.00 & 1722.00 as targets. Comment As Long as 1705.00 is resistance, look for choppy price action with a bearish bias.</p> <p>The
S&P 500 Consolidation In Place
<p>Pivot (invalidation): 2952.00 Our preference Short positions below 2952.00 with targets at 2901.00 & 2876.00 in extension. Alternative scenario Above 2952.00 look for further upside with 2977.00 & 2995.00 as targets. Comment As Long as 2952.00 is resistance, expect a return to 2901.00.</p> <p>The post <a rel="
DAX Key Resistance At 10900.00
<p>Pivot (invalidation): 10900.00 Our preference Short positions below 10900.00 with targets at 10720.00 & 10600.00 in extension. Alternative scenario Above 10900.00 look for further upside with 10990.00 & 11080.00 as targets. Comment As Long as 10900.00 is resistance, look for choppy price action with a bearish bias.</p> <
USD/TRY The Downside Prevails
<p>Pivot (invalidation): 7.0840 Our preference Short positions below 7.0840 with targets at 7.0460 & 7.0160 in extension. Alternative scenario Above 7.0840 look for further upside with 7.1060 & 7.1340 as targets. Comment The RSI lacks upward momentum.</p> <p>The post <a rel="nofollow" href="https://www.
AUD/USD The Downside Prevails
<p>Pivot (invalidation): 0.6470 Our preference Short positions below 0.6470 with targets at 0.6420 & 0.6390 in extension. Alternative scenario Above 0.6470 look for further upside with 0.6500 & 0.6530 as targets. Comment As Long as the resistance at 0.6470 is not surpassed, the risk of the break below 0.6420 remains high.</p>
USD/CAD Look For 1.4115
<p>Pivot (invalidation): 1.4000 Our preference Long positions above 1.4000 with targets at 1.4080 & 1.4115 in extension. Alternative scenario Below 1.4000 look for further downside with 1.3975 & 1.3940 as targets. Comment The RSI is bullish and calls for further upside.</p> <p>The post <a rel="nofollow" href
USD/CHF The Bias Remains Bullish
<p>Pivot (invalidation): 0.9715 Our preference Long positions above 0.9715 with targets at 0.9750 & 0.9765 in extension. Alternative scenario Below 0.9715 look for further downside with 0.9700 & 0.9685 as targets. Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.</p> <
USD/JPY Turning Down
<p>Pivot (invalidation): 107.75 Our preference Short positions below 107.75 with targets at 107.00 & 106.75 in extension. Alternative scenario Above 107.75 look for further upside with 108.00 & 108.30 as targets. Comment The immediate trend remains down and the momentum is strong.</p> <p>The post <a rel="nofollow
GBP/USD Watch 1.2260
<p>Pivot (invalidation): 1.2340 Our preference Short positions below 1.2340 with targets at 1.2285 & 1.2260 in extension. Alternative scenario Above 1.2340 look for further upside with 1.2360 & 1.2380 as targets. Comment A break below 1.2285 would trigger a drop towards 1.2260.</p> <p>The post <a rel="nofollow&qu