Blogs

<p>The EURUSD sees solid resistance near the 100-day moving average (1.0976). The renewed safety inflows to the US dollar could encourage a set back toward the 1.08 mark, the major 38.2% retracement on the latest rebound.</p> <p>Cable on the other hand slipped below the 1.25 mark on the back of a strong dollar and has […]

<p>Asian equities kicked off the week on a mixed note. China and Japan were closed for holiday, the ASX 200 gained 1.13%, while stocks in Hong Kong lost around 4% on worries that Donald Trump could impose new tariffs on Chinese exports.</p> <p>While investors are already bombarded with weak economic data and bad corporate results

<p>Pivot</p> <p>&nbsp;(invalidation): 19.70 </p> <p>Our preference</p> <p>Short positions below 19.70 with targets at 17.70 &amp; 16.55 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 14.9900 </p> <p>Our preference</p> <p>Short positions below 14.9900 with targets at 14.6800 &amp; 14.5900 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 1685.00 </p> <p>Our preference</p> <p>Long positions above 1685.00 with targets at 1706.00 &amp; 1714.00 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 2868.00 </p> <p>Our preference</p> <p>Short positions below 2868.00 with targets at 2797.00 &amp; 2757.00 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 11014.00 </p> <p>Our preference</p> <p>Short positions below 11014.00 with targets at 10770.00 &amp; 10640.00 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 7.0020 </p> <p>Our preference</p> <p>Long positions above 7.0020 with targets at 7.0290 &amp; 7.0400 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 0.6420 </p> <p>Our preference</p> <p>Short positions below 0.6420 with targets at 0.6370 &amp; 0.6350 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 1.4075 </p> <p>Our preference</p> <p>Long positions above 1.4075 with targets at 1.4165 &amp; 1.4200 in extension.</p> <p>Alternative scenario</p>