Pivot (invalidation): 68.50 Our preference Long positions above 68.50 with targets at 69.20 & 69.60 in extension. Alternative scenario Below 68.50 look for further downside with 68.20 & 67.80 as targets...
Pivot (invalidation): 14.5100 Our preference Long positions above 14.5100 with targets at 14.6600 & 14.7200 in extension. Alternative scenario Below 14.5100 look for further downside with 14.4300 & 14.3300 as targets...
Pivot (invalidation): 1223.50 Our preference Long positions above 1223.50 with targets at 1230.00 & 1233.00 in extension. Alternative scenario Below 1223.50 look for further downside with 1221.00 & 1218.50 as targets...
Pivot (invalidation): 2785.00 Our preference Short positions below 2785.00 with targets at 2749.00 & 2709.75 in extension. Alternative scenario Above 2785.00 look for further upside with 2818.00 & 2846.75 as targets...
Pivot (invalidation): 11720.00 Our preference Short positions below 11720.00 with targets at 11460.00 & 11390.00 in extension. Alternative scenario Above 11720.00 look for further upside with 11790.00 & 11850.00 as targets...
Pivot (invalidation): 5.5810 Our preference Long positions above 5.5810 with targets at 5.6950 & 5.7700 in extension. Alternative scenario Below 5.5810 look for further downside with 5.5280 & 5.4940 as targets...
Pivot (invalidation): 0.7115 Our preference Short positions below 0.7115 with targets at 0.7090 & 0.7075 in extension. Alternative scenario Above 0.7115 look for further upside with 0.7130 & 0.7150 as targets...
Pivot (invalidation): 1.3050 Our preference Long positions above 1.3050 with targets at 1.3090 & 1.3115 in extension. Alternative scenario Below 1.3050 look for further downside with 1.3020 & 1.3000 as targets...
Pivot (invalidation): 0.9940 Our preference Long positions above 0.9940 with targets at 0.9975 & 1.0000 in extension. Alternative scenario Below 0.9940 look for further downside with 0.9915 & 0.9900 as targets...
Pivot (invalidation): 112.10 Our preference Long positions above 112.10 with targets at 112.60 & 112.75 in extension. Alternative scenario Below 112.10 look for further downside with 111.95 & 111.70 as targets...
Pivot (invalidation): 1.3065 Our preference Short positions below 1.3065 with targets at 1.3000 & 1.2970 in extension. Alternative scenario Above 1.3065 look for further upside with 1.3100 & 1.3130 as targets...
Pivot (invalidation): 1.1485 Our preference Short positions below 1.1485 with targets at 1.1445 & 1.1425 in extension. Alternative scenario Above 1.1485 look for further upside with 1.1505 & 1.1530 as targets...
On Friday, the price of WTI crude oil reached an important support level of 68.60 (Fibonacci level 23.6% of the correction to the growth wave that started in June 2017 from the level of support near the 42.00 mark), after which an upward correction began...
Current Dynamics The US dollar strengthened significantly on Wednesday against the background of uncertainties on Brexit, and after the publication of the minutes from the September Fed meeting...
Pivot (invalidation): 70.35 Our preference Short positions below 70.35 with targets at 69.40 & 68.75 in extension. Alternative scenario Above 70.35 look for further upside with 70.65 & 71.05 as targets...
Pivot (invalidation): 14.6600 Our preference Short positions below 14.6600 with targets at 14.5500 & 14.4900 in extension. Alternative scenario Above 14.6600 look for further upside with 14.7300 & 14.7700 as targets...
Pivot (invalidation): 1227.50 Our preference Short positions below 1227.50 with targets at 1220.00 & 1216.00 in extension. Alternative scenario Above 1227.50 look for further upside with 1233.00 & 1238.00 as targets...
Pivot (invalidation): 2817.25 Our preference Short positions below 2817.25 with targets at 2777.00 & 2749.00 in extension. Alternative scenario Above 2817.25 look for further upside with 2831.25 & 2863.00 as targets...
Pivot (invalidation): 11780.00 Our preference Short positions below 11780.00 with targets at 11655.00 & 11610.00 in extension. Alternative scenario Above 11780.00 look for further upside with 11850.00 & 11880.00 as targets...
