All Blogs
The New Zealand dollar tumbled more than 1.8% during the Asian session amid a bigger-than-expected rate cut from the Reserve Bank of New Zealand. The Kiwi fell as much as 180pips to 0...
Speculation is now a fact: the Swiss National Bank is actively intervening on the market since mid-July to stabilize the currency...
USDCAD strengthens on further price rally following its Tuesday gain. This development leaves risk of more gain on the cards. Support comes in at the 1.3300 level where a break will aim at the 1.3250 level. Further down, support comes in at the 1.3200 level where a turn lower may occur...
Pivot (invalidation): 54.25 Our preference Short positions below 54.25 with targets at 53.15 & 52.45 in extension. Alternative scenario Above 54.25 look for further upside with 54.80 & 55.40 as targets...
Pivot (invalidation): 16.5200 Our preference Long positions above 16.5200 with targets at 16.8300 & 17.0000 in extension. Alternative scenario Below 16.5200 look for further downside with 16.4000 & 16.3400 as targets...
Pivot (invalidation): 1468.00 Our preference Long positions above 1468.00 with targets at 1494.00 & 1505.00 in extension. Alternative scenario Below 1468.00 look for further downside with 1460.00 & 1452.00 as targets...
Pivot (invalidation): 2847.00 Our preference Long positions above 2847.00 with targets at 2900.00 & 2930.00 in extension. Alternative scenario Below 2847.00 look for further downside with 2822.00 & 2805.00 as targets...
Pivot (invalidation): 11650.00 Our preference Short positions below 11650.00 with targets at 11560.00 & 11450.00 in extension. Alternative scenario Above 11650.00 look for further upside with 11745.00 & 11795.00 as targets...
Pivot (invalidation): 5.5380 Our preference Short positions below 5.5380 with targets at 5.5140 & 5.5020 in extension. Alternative scenario Above 5.5380 look for further upside with 5.5560 & 5.5920 as targets...
Pivot (invalidation): 0.6750 Our preference Short positions below 0.6750 with targets at 0.6650 & 0.6620 in extension. Alternative scenario Above 0.6750 look for further upside with 0.6780 & 0.6800 as targets...
Pivot (invalidation): 1.3265 Our preference Long positions above 1.3265 with targets at 1.3340 & 1.3360 in extension. Alternative scenario Below 1.3265 look for further downside with 1.3245 & 1.3220 as targets...
Pivot (invalidation): 0.9785 Our preference Short positions below 0.9785 with targets at 0.9735 & 0.9700 in extension. Alternative scenario Above 0.9785 look for further upside with 0.9810 & 0.9840 as targets...
Pivot (invalidation): 106.35 Our preference Short positions below 106.35 with targets at 105.85 & 105.50 in extension. Alternative scenario Above 106.35 look for further upside with 106.65 & 107.00 as targets...
Pivot (invalidation): 1.2140 Our preference Long positions above 1.2140 with targets at 1.2190 & 1.2210 in extension. Alternative scenario Below 1.2140 look for further downside with 1.2115 & 1.2100 as targets...
Pivot (invalidation): 1.1190 Our preference Long positions above 1.1190 with targets at 1.1230 & 1.1250 in extension. Alternative scenario Below 1.1190 look for further downside with 1.1170 & 1.1150 as targets...
After a stormy start into the week, financial markets stabilized somewhat on Tuesday morning. Asian equities closed the gap with their European and US counterparts with the Nikkei sliding 0.65% to 20,585 points and the CSI 300 tumbling 1.07% to 3,636...
Pivot (invalidation): 54.25 Our preference Long positions above 54.25 with targets at 56.05 & 56.50 in extension. Alternative scenario Below 54.25 look for further downside with 53.60 & 53.25 as targets...
Pivot (invalidation): 16.3500 Our preference Long positions above 16.3500 with targets at 16.5400 & 16.6500 in extension. Alternative scenario Below 16.3500 look for further downside with 16.2400 & 16.1000 as targets...
