All Blogs
Pivot (invalidation): 1843.00 Our preference Long positions above 1843.00 with targets at 1866.00 & 1875.00 in extension. Alternative scenario Below 1843.00 look for further downside with 1834.00 & 1825.00 as targets...
Pivot (invalidation): 3660.00 Our preference Long positions above 3660.00 with targets at 3710.00 & 3740.00 in extension. Alternative scenario Below 3660.00 look for further downside with 3633.00 & 3595.00 as targets...
Pivot (invalidation): 13280.00 Our preference Long positions above 13280.00 with targets at 13420.00 & 13460.00 in extension. Alternative scenario Below 13280.00 look for further downside with 13210.00 & 13120.00 as targets...
Pivot (invalidation): 7.8640 Our preference Short positions below 7.8640 with targets at 7.8100 & 7.7830 in extension. Alternative scenario Above 7.8640 look for further upside with 7.9000 & 7.9330 as targets...
Pivot (invalidation): 0.7530 Our preference Long positions above 0.7530 with targets at 0.7580 & 0.7600 in extension. Alternative scenario Below 0.7530 look for further downside with 0.7505 & 0.7480 as targets...
Pivot (invalidation): 1.2730 Our preference Short positions below 1.2730 with targets at 1.2675 & 1.2650 in extension. Alternative scenario Above 1.2730 look for further upside with 1.2750 & 1.2770 as targets...
Pivot (invalidation): 0.8870 Our preference Short positions below 0.8870 with targets at 0.8845 & 0.8830 in extension. Alternative scenario Above 0.8870 look for further upside with 0.8880 & 0.8895 as targets...
Pivot (invalidation): 103.80 Our preference Short positions below 103.80 with targets at 103.45 & 103.20 in extension. Alternative scenario Above 103.80 look for further upside with 103.95 & 104.15 as targets...
Pivot (invalidation): 1.3395 Our preference Long positions above 1.3395 with targets at 1.3480 & 1.3510 in extension. Alternative scenario Below 1.3395 look for further downside with 1.3345 & 1.3290 as targets...
Pivot (invalidation): 1.2145 Our preference Long positions above 1.2145 with targets at 1.2180 & 1.2200 in extension. Alternative scenario Below 1.2145 look for further downside with 1.2135 & 1.2120 as targets...
Immediately following the publication of the minutes from the December RBA meeting, the Australian dollar weakened, while the AUD / USD fell 0.33% (or 25 points), to an intraday low near the 0.7508 mark (see "Technical Analysis and Trading Recommendations...
In the commodity market, oil prices are declining on fears of tighter coronavirus restrictions in the US and Europe. Also, OPEC expects a slower recovery in demand in 2021. WTI and Brent are both down 0.74%. London required bars and restaurants to close, as the rate of infections is accelerating...
US stock indexes took different routes on Monday, with the Nasdaq managing to secure a gain. The S&P 500 and the Dow closed in the red, dragged down by Walt Disney. Dow Jones managed to update the record high before closing lower...
Pivot (invalidation): 46.50 Our preference Long positions above 46.50 with targets at 47.05 & 47.40 in extension. Alternative scenario Below 46.50 look for further downside with 46.10 & 45.70 as targets...
Pivot (invalidation): 23.8000 Our preference Long positions above 23.8000 with targets at 24.1300 & 24.2800 in extension. Alternative scenario Below 23.8000 look for further downside with 23.6700 & 23.5800 as targets...
Pivot (invalidation): 1825.00 Our preference Long positions above 1825.00 with targets at 1839.00 & 1848.00 in extension. Alternative scenario Below 1825.00 look for further downside with 1818.00 & 1812.00 as targets...
Pivot (invalidation): 3695.00 Our preference Short positions below 3695.00 with targets at 3633.00 & 3595.00 in extension. Alternative scenario Above 3695.00 look for further upside with 3710.00 & 3740.00 as targets...
Pivot (invalidation): 13290.00 Our preference Short positions below 13290.00 with targets at 13190.00 & 13110.00 in extension. Alternative scenario Above 13290.00 look for further upside with 13380.00 & 13460.00 as targets...
Pivot (invalidation): 7.9000 Our preference Short positions below 7.9000 with targets at 7.8170 & 7.7830 in extension. Alternative scenario Above 7.9000 look for further upside with 7.9330 & 7.9700 as targets. Comment As Long as the resistance at 7...