EURUSD with the pair continuing to reject higher prices and declining on Wednesday, more decline is envisaged in the days ahead. Resistance comes in at the 1.1150 where a break will turn risk to the 1.1200 level. A breach below here will target the 1.1250 level...
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Pivot (invalidation): 60.35 Our preference Long positions above 60.35 with targets at 61.00 & 61.20 in extension. Alternative scenario...
Pivot (invalidation): 16.9300 Our preference Long positions above 16.9300 with targets at 17.1100 & 17.2000 in extension. Alternative scenario...
Pivot (invalidation): 1473.50 Our preference Long positions above 1473.50 with targets at 1480.50 & 1484.00 in extension. Alternative scenario...
Pivot (invalidation): 3167.00 Our preference Long positions above 3167.00 with targets at 3210.00 & 3225.00 in extension. Alternative scenario...
Pivot (invalidation): 13255.00 Our preference Long positions above 13255.00 with targets at 13365.00 & 13425.00 in extension. Alternative scenario...
Pivot (invalidation): 5.8660 Our preference Long positions above 5.8660 with targets at 5.9000 & 5.9120 in extension. Alternative scenario...
Pivot (invalidation): 0.6860 Our preference Short positions below 0.6860 with targets at 0.6835 & 0.6820 in extension. Alternative scenario...
Pivot (invalidation): 1.3145 Our preference Long positions above 1.3145 with targets at 1.3185 & 1.3200 in extension. Alternative scenario...
Pivot (invalidation): 0.9815 Our preference Short positions below 0.9815 with targets at 0.9790 & 0.9775 in extension. Alternative scenario...
Pivot (invalidation): 109.55 Our preference Short positions below 109.55 with targets at 109.25 & 109.10 in extension. Alternative scenario...
Pivot (invalidation): 1.3150 Our preference Short positions below 1.3150 with targets at 1.3040 & 1.3000 in extension. Alternative scenario...
Pivot (invalidation): 1.1155 Our preference Short positions below 1.1155 with targets at 1.1120 & 1.1110 in extension. Alternative scenario...
GBPUSD continues look more weakness after tumbling lower on sell off during Tuesday trading session. Support lies at 1.3100 area with a break below that level turning focus to the 1.3050 level. Further down, support comes in the 1.3000 level where a violation will shift focus to the 1.2950 level...
Pivot (invalidation): 59.90 Our preference Long positions above 59.90 with targets at 60.50 & 60.80 in extension. Alternative scenario...
Pivot (invalidation): 16.9400 Our preference Long positions above 16.9400 with targets at 17.1100 & 17.1700 in extension. Alternative scenario...
Pivot (invalidation): 1473.00 Our preference Long positions above 1473.00 with targets at 1480.00 & 1484.00 in extension. Alternative scenario...
Pivot (invalidation): 3167.00 Our preference Long positions above 3167.00 with targets at 3210.00 & 3225.00 in extension. Alternative scenario...
