<p>Pivot (invalidation): 9200.00 Our preference Short positions below 9200.00 with targets at 8260.00 & 7970.00 in extension. Alternative scenario Above 9200.00 look for further upside with 9640.00 & 9985.00 as targets. Comment As Long as 9200.00 is resistance, expect a return to 8260.00.</p> <p>The post <a rel="
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USD/TRY Bullish Bias Above 6.5240
<p>Pivot (invalidation): 6.5240 Our preference Long positions above 6.5240 with targets at 6.6000 & 6.6300 in extension. Alternative scenario Below 6.5240 look for further downside with 6.4930 & 6.4600 as targets. Comment A support base at 6.5240 has formed and has allowed for a temporary stabilisation.</p> <p>The post &
AUD/USD Key Resistance At 0.5825
<p>Pivot (invalidation): 0.5825 Our preference Short positions below 0.5825 with targets at 0.5695 & 0.5660 in extension. Alternative scenario Above 0.5825 look for further upside with 0.5880 & 0.5930 as targets. Comment As Long as the resistance at 0.5825 is not surpassed, the risk of the break below 0.5695 remains high.</p>
USD/CAD Watch 1.4535
<p>Pivot (invalidation): 1.4350 Our preference Long positions above 1.4350 with targets at 1.4490 & 1.4535 in extension. Alternative scenario Below 1.4350 look for further downside with 1.4285 & 1.4230 as targets. Comment The RSI lacks downward momentum.</p> <p>The post <a rel="nofollow" href="htt
USD/CHF Turning Down
<p>Pivot (invalidation): 0.9870 Our preference Short positions below 0.9870 with targets at 0.9800 & 0.9740 in extension. Alternative scenario Above 0.9870 look for further upside with 0.9905 & 0.9940 as targets. Comment A break below 0.9800 would trigger a drop towards 0.9740.</p> <p>The post <a rel="nofollow&qu
USD/JPY The Downside Prevails
<p>Pivot (invalidation): 111.25 Our preference Short positions below 111.25 with targets at 109.50 & 108.80 in extension. Alternative scenario Above 111.25 look for further upside with 112.00 & 112.65 as targets. Comment The RSI is bearish and calls for further downside.</p> <p>The post <a rel="nofollow" hre
GBP/USD Rebound Expected
<p>Pivot (invalidation): 1.1550 Our preference Long positions above 1.1550 with targets at 1.1720 & 1.1795 in extension. Alternative scenario Below 1.1550 look for further downside with 1.1470 & 1.1405 as targets. Comment The RSI calls for a rebound.</p> <p>The post <a rel="nofollow" href="https://www.a
EUR/USD Turning Up
<p>Pivot (invalidation): 1.0650 Our preference Long positions above 1.0650 with targets at 1.0780 & 1.0830 in extension. Alternative scenario Below 1.0650 look for further downside with 1.0600 & 1.0560 as targets. Comment The RSI is bullish and calls for further upside.</p> <p>The post <a rel="nofollow" href
Currencies: USD Rally Taking A Breather Going Into The Weekend
<p>Rates: German 10-yr yield tests -0.15 resistance Peripheral bonds rallied yesterday after the ECB’s additional €750bn QE announcement, but ended off their best intraday levels. The German 10-yr yield tested -0.15% resistance as the German government is slowly moving in the direction of loosening fiscal rules. Will we get a G7 wee
BTCUSD Vulnerable Below $6,400
<p>Bitcoin could see a strong downside correction this week after the number one cryptocurrency was forcefully rejected from the $7,000 level. Short-term BTCUSD sellers may test towards the $4,900 level if a breakout below the $5,500 support level takes place. Gains above the $7,000 level will likely see bulls testing towards the $7,800 and p