EURJPY faces further downside pressure as it continues to retain corrective pullback threats. On the downside, support comes in at the 119.50 level where a break if seen will aim at the 119.00 level. A cut through here will turn focus to the 118.50 level and possibly lower towards the 118...
Pivot (invalidation): 57.00 Our preference Short positions below 57.00 with targets at 56.25 & 56.00 in extension. Alternative scenario...
Pivot (invalidation): 16.7500 Our preference Long positions above 16.7500 with targets at 16.9200 & 16.9700 in extension. Alternative scenario...
Pivot (invalidation): 1453.00 Our preference Long positions above 1453.00 with targets at 1462.50 & 1466.00 in extension. Alternative scenario...
Pivot (invalidation): 3080.00 Our preference Long positions above 3080.00 with targets at 3102.00 & 3117.00 in extension. Alternative scenario...
Pivot (invalidation): 13220.00 Our preference Long positions above 13220.00 with targets at 13330.00 & 13380.00 in extension. Alternative scenario...
Pivot (invalidation): 5.7820 Our preference Short positions below 5.7820 with targets at 5.7590 & 5.7450 in extension. Alternative scenario...
Pivot (invalidation): 0.6855 Our preference Short positions below 0.6855 with targets at 0.6820 & 0.6810 in extension. Alternative scenario...
Pivot (invalidation): 1.3230 Our preference Long positions above 1.3230 with targets at 1.3255 & 1.3270 in extension. Alternative scenario...
Pivot (invalidation): 0.9935 Our preference Short positions below 0.9935 with targets at 0.9895 & 0.9880 in extension. Alternative scenario...
Pivot (invalidation): 109.10 Our preference Short positions below 109.10 with targets at 108.85 & 108.75 in extension. Alternative scenario...
Pivot (invalidation): 1.2860 Our preference Short positions below 1.2860 with targets at 1.2835 & 1.2820 in extension...
Pivot (invalidation): 1.1025 Our preference Short positions below 1.1025 with targets at 1.1000 & 1.0990 in extension. Alternative scenario...
SILVER Folks, We are around good levels and i expect this market to give lots of opportunities on short and mid term. Looking at our monthly chart. Trend is UP. Market testing and retracing back from the agreement zone around 18.00-18.50. On the weekly, We have F5 support at 16...
GOLD faces risk of more weakness in the days ahead as it retains its downside pressure. On the downside, support sits at the 1,340.00 level where a break will turn focus to the 1,430.00 level. Further down, a cut through here will open the door for a move decline towards the 1,420.00 level...
Pivot (invalidation): 56.55 Our preference Long positions above 56.55 with targets at 57.25 & 57.45 in extension. Alternative scenario...
Pivot (invalidation): 16.9300 Our preference Short positions below 16.9300 with targets at 16.7500 & 16.6500 in extension. Alternative scenario...
Pivot (invalidation): 1460.00 Our preference Short positions below 1460.00 with targets at 1452.00 & 1448.00 in extension. Alternative scenario...
Pivot (invalidation): 3073.00 Our preference Long positions above 3073.00 with targets at 3097.70 & 3117.00 in extension. Alternative scenario...
