<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 &
DAX Key Resistance At 9200.00
<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="
S&P 500 Under Pressure
<p>Pivot (invalidation): 2455.00 Our preference Short positions below 2455.00 with targets at 2185.00 & 2070.00 in extension. Alternative scenario Above 2455.00 look for further upside with 2560.00 & 2710.00 as targets. Comment The RSI is mixed with a bullish bias.</p> <p>The post <a rel="nofollow" href=&quo
Gold Spot Intraday Support Around 1479.00
<p>Pivot (invalidation): 1479.00 Our preference Long positions above 1479.00 with targets at 1511.00 & 1523.00 in extension. Alternative scenario Below 1479.00 look for further downside with 1464.00 & 1455.00 as targets. Comment The RSI is mixed with a bullish bias.</p> <p>The post <a rel="nofollow" hr
Silver Spot Rebound Expected
<p>Pivot (invalidation): 12.3100 Our preference Long positions above 12.3100 with targets at 12.7800 & 13.0100 in extension. Alternative scenario Below 12.3100 look for further downside with 12.1500 & 12.0000 as targets. Comment The RSI calls for a rebound.</p> <p>The post <a rel="nofollow" href="https:
ECB's Vasle: We are monitoring the situation, ready to do more if needed
Comments by ECB governing council member, Bostjan Vasle ForexLive
GBPUSD 1.1410 Now Key
<p>The British pound needs to start a strong recovery against the US dollar this week to avoid further losses towards the 1.1200 support level. Bulls will attempt to form a double-bottom pattern on the weekly time frame and keep price above the 1.1410 level. GBPUSD sellers will likely target the 1.1200 support level if a […]
ETHUSD Bearish Below $150.00
<p>Ethereum has started the week under mild downside pressure after being strongly rejected from the $150.00 resistance level on Friday. ETHUSD sellers could test back towards the $105.00 level if a confirmed breakout below the pivotal $125.00 support level takes place. A strong move above the $150.00 level could see the ETHUSD pair rallying
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
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