Pivot (invalidation): 103.70 Our preference Short positions below 103.70 with targets at 103.35 & 103.20 in extension. Alternative scenario...
Our preference Long positions above 1.3350 with targets at 1.3435 & 1.3470 in extension. Alternative scenario Below 1.3350 look for further downside with 1.3300 & 1.3270 as targets...
(invalidation): 1.2150 Our preference Long positions above 1.2150 with targets at 1.2205 & 1.2230 in extension. Alternative scenario Below 1.2150 look for further downside with 1.2130 & 1.2110 as targets...
The pound gained support after the publication on Tuesday morning of the final estimate of the UK GDP for the 3rd quarter. GDP growth in the third quarter of 2020 amounted to 16.0% against the forecast of +15.5% and a fall of -19.8% in the previous quarter...
Pivot (invalidation): 47.40 Our preference Long positions above 47.40 with targets at 48.15 & 48.75 in extension. Alternative scenario...
Pivot (invalidation): 1868.00 Our preference Long positions above 1868.00 with targets at 1899.00 & 1906.00 in extension. Alternative scenario...
Pivot (invalidation): 1868.00 Our preference Long positions above 1868.00 with targets at 1899.00 & 1906.00 in extension. Alternative scenario...
Pivot (invalidation): 3668.00 Our preference Long positions above 3668.00 with targets at 3707.00 & 3726.00 in extension. Alternative scenario...
Pivot (invalidation): 13310.00 Our preference Short positions below 13310.00 with targets at 13060.00 & 13000.00 in extension. Alternative scenario...
Pivot (invalidation): 7.6210 Our preference Long positions above 7.6210 with targets at 7.6670 & 7.6880 in extension. Alternative scenario...
Pivot (invalidation): 0.7600 Our preference Short positions below 0.7600 with targets at 0.7545 & 0.7520 in extension. Alternative scenario...
Pivot (invalidation): 0.8845 Our preference Long positions above 0.8845 with targets at 0.8880 & 0.8895 in extension. Alternative scenario...
Pivot (invalidation): 0.8845 Our preference Long positions above 0.8845 with targets at 0.8880 & 0.8895 in extension. Alternative scenario...
Pivot (invalidation): 103.25 Our preference Long positions above 103.25 with targets at 103.60 & 103.75 in extension. Alternative scenario...
Our preference Short positions below 1.3460 with targets at 1.3365 & 1.3320 in extension. Alternative scenario Above 1.3460 look for further upside with 1.3500 & 1.3535 as targets...
Pivot (invalidation): 1.2250 Our preference Short positions below 1.2250 with targets at 1.2210 & 1.2180 in extension. Alternative scenario...
At the start of today's European session, S&P 500 futures are traded near 3630.0, 100 pips below the local and all-time high of 3730.0 reached late last week...
