Pivot (invalidation): 54.00 Our preference Short positions below 54.00 with targets at 53.35 & 53.10 in extension. Alternative scenario...
Pivot (invalidation): 17.4600 Our preference Long positions above 17.4600 with targets at 17.6400 & 17.7300 in extension. Alternative scenario...
Pivot (invalidation): 1487.00 Our preference Long positions above 1487.00 with targets at 1494.00 & 1497.00 in extension. Alternative scenario...
Pivot (invalidation): 3008.00 Our preference Short positions below 3008.00 with targets at 2976.00 & 2960.00 in extension. Alternative scenario...
Pivot (invalidation): 12710.00 Our preference Short positions below 12710.00 with targets at 12589.00 & 12516.00 in extension. Alternative scenario...
Pivot (invalidation): 5.7760 Our preference Long positions above 5.7760 with targets at 5.8060 & 5.8290 in extension...
Pivot (invalidation): 0.6840 Our preference Long positions above 0.6840 with targets at 0.6870 & 0.6890 in extension. Alternative scenario...
Pivot (invalidation): 1.3145 Our preference Short positions below 1.3145 with targets at 1.3125 & 1.3115 in extension. Alternative scenario...
Pivot (invalidation): 0.9835 Our preference Long positions above 0.9835 with targets at 0.9865 & 0.9890 in extension. Alternative scenario...
Pivot (invalidation): 108.30 Our preference Long positions above 108.30 with targets at 108.60 & 108.70 in extension. Alternative scenario...
Pivot (invalidation): 1.2950 Our preference Short positions below 1.2950 with targets at 1.2870 & 1.2835 in extension. Alternative scenario...
Pivot (invalidation): 1.1135 Our preference Long positions above 1.1135 with targets at 1.1180 & 1.1205 in extension. Alternative scenario...
EURUSD with the pair retaining its recovery threats after closing higher the past week, more gain is expected. Support comes in at the 1.1100 where a break will turn risk to the 1.1050 level. A breach below here will target the 1.1000 level. Further down, support stands at the 1.0950...
First, a review of last week’s events: - EUR/USD. The main theme last week was undoubtedly Brexit...
AUDUSD is threatening further upside pressure following its strong rally on Thursday. On the downside, support lies at the 1.6800 level. A cut through here will turn focus to the 0.6750 level and then the 0.6700 level where a violation will set the stage for a retarget of the 0.6650 level...
GBP volatility is most likely to stay as Saturday extraordinary session of the British Parliament should have a significant impact on GBP direction...
Pivot (invalidation): 53.25 Our preference Short positions below 53.25 with targets at 52.75 & 52.40 in extension. Alternative scenario...
Pivot (invalidation): 17.2600 Our preference Long positions above 17.2600 with targets at 17.4700 & 17.5700 in extension. Alternative scenario...
