Blogs

S&P 500 Key Resistance At 2849.00

Forex

<p>Pivot (invalidation): 2849.00 Our preference Short positions below 2849.00 with targets at 2720.00 & 2643.00 in extension. Alternative scenario Above 2849.00 look for further upside with 2930.00 & 3002.00 as targets. Comment The RSI is bearish and calls for further decline.</p> <p>The post <a rel="nofollow&quo

DAX Key Resistance At 10585.00

Forex

<p>Pivot (invalidation): 10585.00 Our preference Short positions below 10585.00 with targets at 10100.00 & 9930.00 in extension. Alternative scenario Above 10585.00 look for further upside with 10700.00 & 10820.00 as targets. Comment As Long as the resistance at 10585.00 is not surpassed, the risk of the break below 10100.00 remains

USD/TRY The Bias Remains Bullish

Forex

<p>Pivot (invalidation): 6.8700 Our preference Long positions above 6.8700 with targets at 6.9240 & 6.9500 in extension. Alternative scenario Below 6.8700 look for further downside with 6.8240 & 6.7950 as targets. Comment The RSI has just landed on its neutrality area at 50% and is turning up.</p> <p>The post <a rel=&

AUD/USD 0.6230 Expected

Forex

<p>Pivot (invalidation): 0.6320 Our preference Short positions below 0.6320 with targets at 0.6255 & 0.6230 in extension. Alternative scenario Above 0.6320 look for further upside with 0.6350 & 0.6375 as targets. Comment A break below 0.6255 would trigger a drop towards 0.6230.</p> <p>The post <a rel="nofollow&qu

USD/CAD Target 1.4175

Forex

<p>Pivot (invalidation): 1.4080 Our preference Long positions above 1.4080 with targets at 1.4135 & 1.4175 in extension. Alternative scenario Below 1.4080 look for further downside with 1.4050 & 1.4020 as targets. Comment Technically the RSI is above its neutrality area at 50.</p> <p>The post <a rel="nofollow&quo

USD/CHF Continuation Of The Rebound

Forex

<p>Pivot (invalidation): 0.9650 Our preference Long positions above 0.9650 with targets at 0.9700 & 0.9720 in extension. Alternative scenario Below 0.9650 look for further downside with 0.9635 & 0.9620 as targets. Comment The RSI advocates for further upside.</p> <p>The post <a rel="nofollow" href="http

USD/JPY Aim @ 108.35

Forex

<p>Pivot (invalidation): 107.50 Our preference Long positions above 107.50 with targets at 108.15 & 108.35 in extension. Alternative scenario Below 107.50 look for further downside with 107.25 & 106.95 as targets. Comment The RSI is bullish and calls for further upside.</p> <p>The post <a rel="nofollow" href

GBP/USD Under Pressure

Forex

<p>Pivot (invalidation): 1.2520 Our preference Short positions below 1.2520 with targets at 1.2435 & 1.2400 in extension. Alternative scenario Above 1.2520 look for further upside with 1.2550 & 1.2575 as targets. Comment The break below 1.2520 is a negative signal that has opened a path to 1.2435.</p> <p>The post <a r

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