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<p>The Euro holds in directionless mode for the fourth straight day, trading between Fibo support at 1.0831 (61.8% of 1.0635/1.1147) and 10DMA (1.0895). Doji candles of Tue/Mon add to signals of indecision, but near-term action remains weighed by recent bull-trap and a cluster of daily MA&#8217;s which also created a multiple bear-crosses

<p>The USD/JPY is ranging. We will see the range until it is broken. At this point volatility in the pair significantly dropped so we can see only the breakout levels. 107.85 is the breakout point to the upside. A close above will give the price a bullish momentum so, 107.90 is next will 108.36 as […]

<p>Pivot (invalidation): 14.40 Our preference Short positions below 14.40 with targets at 11.80 & 9.00 in extension. Alternative scenario Above 14.40 look for further upside with 15.90 & 17.70 as targets. Comment The RSI calls for a new downleg.</p> <p>The post <a rel="nofollow" href="https://www.action

<p>Pivot (invalidation): 14.9900 Our preference Short positions below 14.9900 with targets at 14.6800 & 14.5000 in extension. Alternative scenario Above 14.9900 look for further upside with 15.1300 & 15.3400 as targets. Comment As Long as 14.9900 is resistance, look for choppy price action with a bearish bias.</p> <p>The

<p>Pivot (invalidation): 10445.00 Our preference Short positions below 10445.00 with targets at 10200.00 & 9960.00 in extension. Alternative scenario Above 10445.00 look for further upside with 10680.00 & 10820.00 as targets. Comment The RSI is bearish and calls for further downside.</p> <p>The post <a rel="nofol

<p>Pivot (invalidation): 6.9610 Our preference Long positions above 6.9610 with targets at 6.9810 & 7.0000 in extension. Alternative scenario Below 6.9610 look for further downside with 6.9480 & 6.9320 as targets. Comment A support base at 6.9610 has formed and has allowed for a temporary stabilisation.</p> <p>The post &

<p>Pivot (invalidation): 0.6275 Our preference Long positions above 0.6275 with targets at 0.6330 & 0.6355 in extension. Alternative scenario Below 0.6275 look for further downside with 0.6250 & 0.6230 as targets. Comment The RSI calls for a rebound.</p> <p>The post <a rel="nofollow" href="https://www.a

<p>Pivot (invalidation): 0.9685 Our preference Long positions above 0.9685 with targets at 0.9715 & 0.9730 in extension. Alternative scenario Below 0.9685 look for further downside with 0.9665 & 0.9650 as targets. Comment The RSI lacks downward momentum.</p> <p>The post <a rel="nofollow" href="https://w

<p>Pivot (invalidation): 107.60 Our preference Long positions above 107.60 with targets at 107.85 & 107.95 in extension. Alternative scenario Below 107.60 look for further downside with 107.50 & 107.35 as targets. Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.</p> <

<p>Pivot (invalidation): 1.0840 Our preference Long positions above 1.0840 with targets at 1.0865 & 1.0880 in extension. Alternative scenario Below 1.0840 look for further downside with 1.0825 & 1.0810 as targets. Comment A support base at 1.0840 has formed and has allowed for a temporary stabilisation.</p> <p>The post &