All Blogs
Hurricane Laura could be the worst to hit the Texas-Louisiana border in the last 160 years, but the oil market remains surprisingly calm faced with a potentially meaningful supply disruption in the US south coast...
Pivot (invalidation): 43.10 Our preference Long positions above 43.10 with targets at 43.80 & 44.10 in extension. Alternative scenario Below 43.10 look for further downside with 42.80 & 42.60 as targets...
Pivot (invalidation): 26.8000 Our preference Long positions above 26.8000 with targets at 27.5400 & 27.8400 in extension. Alternative scenario Below 26.8000 look for further downside with 26.6000 & 26.4200 as targets...
Pivot (invalidation): 1936.00 Our preference Long positions above 1936.00 with targets at 1955.00 & 1962.00 in extension. Alternative scenario Below 1936.00 look for further downside with 1927.00 & 1918.00 as targets...
Pivot (invalidation): 3454.00 Our preference Long positions above 3454.00 with targets at 3500.00 & 3530.00 in extension. Alternative scenario Below 3454.00 look for further downside with 3436.00 & 3413.00 as targets...
Pivot (invalidation): 13095.00 Our preference Long positions above 13095.00 with targets at 13220.00 & 13300.00 in extension. Alternative scenario Below 13095.00 look for further downside with 13000.00 & 12924.00 as targets...
Pivot (invalidation): 7.3900 Our preference Short positions below 7.3900 with targets at 7.3200 & 7.2740 in extension. Alternative scenario Above 7.3900 look for further upside with 7.4140 & 7.4370 as targets...
Pivot (invalidation): 0.7210 Our preference Long positions above 0.7210 with targets at 0.7250 & 0.7275 in extension. Alternative scenario Below 0.7210 look for further downside with 0.7185 & 0.7165 as targets...
Pivot (invalidation): 1.3170 Our preference Short positions below 1.3170 with targets at 1.3130 & 1.3100 in extension. Alternative scenario Above 1.3170 look for further upside with 1.3195 & 1.3210 as targets...
Pivot (invalidation): 0.9095 Our preference Short positions below 0.9095 with targets at 0.9060 & 0.9040 in extension. Alternative scenario Above 0.9095 look for further upside with 0.9120 & 0.9135 as targets...
Pivot (invalidation): 106.20 Our preference Short positions below 106.20 with targets at 105.80 & 105.65 in extension. Alternative scenario Above 106.20 look for further upside with 106.40 & 106.55 as targets...
Pivot (invalidation): 1.3160 Our preference Long positions above 1.3160 with targets at 1.3225 & 1.3255 in extension. Alternative scenario Below 1.3160 look for further downside with 1.3140 & 1.3115 as targets...
Pivot (invalidation): 1.1810 Our preference Long positions above 1.1810 with targets at 1.1850 & 1.1870 in extension. Alternative scenario Below 1.1810 look for further downside with 1.1790 & 1.1770 as targets...
Current dynamics This week the pair resumed its growth and is currently trading at the level of 1.3160. The growth of the pound is supported by a number of external and internal factors...
The US dollar remains steady near the 93 mark, but the treasuries are dumped. The US 10-year yield advanced above 0.71% as capital moves to risky equity markets for better returns. Capital leaves gold as the risk rally intensifies...
Pivot (invalidation): 42.95 Our preference Long positions above 42.95 with targets at 43.85 & 44.10 in extension. Alternative scenario Below 42.95 look for further downside with 42.65 & 42.30 as targets...
Pivot (invalidation): 26.7000 Our preference Short positions below 26.7000 with targets at 26.0100 & 25.7800 in extension. Alternative scenario Above 26.7000 look for further upside with 26.9500 & 27.2000 as targets...
Pivot (invalidation): 1937.00 Our preference Short positions below 1937.00 with targets at 1911.00 & 1900.00 in extension. Alternative scenario Above 1937.00 look for further upside with 1946.00 & 1954.00 as targets...
