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Engie found buyers at 50% pullback.Engie - 30d expiry - We look to Buy a break of 12.42 (stop at 12.04) Daily signals are mildly bullish. A break of resistance at 12.40 should lead to a more aggressive move higher towards 13.00. Trading has been mixed and volatile. Expect trading to remain mixed and volatile. Levels close to the 50% pullback level of 11.34 found buyers. Our profit targets will be 13.34 and 13.64 Resistance: 12.40 / 13.00 / 13.40 Support: 12.00 / 11.70 / 11.34 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
EURONEXT:ENGILong
by Saxo
ABN continues to rise after a double bottom.ABN Amro Bank - 30d expiry - We look to Buy a break of 9.63 (stop at 9.29) Prices have reacted from 8.69. Posted a Double Bottom formation. Short term momentum is bullish. There is no clear indication that the upward move is coming to an end. A break of the recent high at 9.62 should result in a further move higher. Our profit targets will be 10.44 and 10.84 Resistance: 9.60 / 9.80 / 10.20 Support: 9.40 / 9.20 / 9.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
EURONEXT:ABNLong
by Saxo
Airbus forming Inverted head and shoulders.Airbus - Intraday - We look to Buy at 91.05 (stop at 87.57) 89.00 has been pivotal. Bespoke support is located at 91.00. A bullish reverse Head and Shoulders is forming. We look to buy dips. Prices have reacted from 87.00. Our profit targets will be 99.77 and 103.77 Resistance: 95.00 / 98.00 / 100.00 Support: 91.00 / 89.00 / 86.50 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
EURONEXT:AIRLong
by Saxo
Buying Sanofi correction higher.Sanofi - Intraday - We look to Buy a break of 83.71 (stop at 79.98) We are trading at oversold extremes. Bullish divergence can be seen on the daily (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. 83.58 has been pivotal. A break of 83.60 is needed to confirm follow through bullish momentum. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Posted a Double Bottom formation. Further upside is expected, however, due to the strong resistance above we prefer to buy a break of 83.70, which will confirm the bullish sentiment. Our profit targets will be 92.69 and 95.69 Resistance: 83.00 / 87.50 / 90.00 Support: 80.00 / 77.00 / 75.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
EURONEXT:SANLong
by Saxo
Buying ALSTOM break of swing high.Alstom - 30d expiry - We look to Buy a break of 22.51 (stop at 21.29) There is no clear indication that the upward move is coming to an end. 22.42 has been pivotal. The previous swing high is located at 22.37. A break of resistance at 22.40 should lead to a more aggressive move higher towards 24.80. Our outlook is bullish. Prices have reacted from 16.04. Our profit targets will be 25.49 and 25.99 Resistance: 22.40 / 24.00 / 24.80 Support: 21.00 / 19.80 / 19.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
EURONEXT:ALOLong
by Saxo
Selling BNP into previous swing highs.BNP Paribas - 30d expiry - We look to Sell at 50.58 (stop at 52.36) The previous swing high is located at 51.04. 50.76 has been pivotal. The medium term bias is neutral. Bearish divergence is expected to cap gains. Offers ample risk/reward to sell at the market. Our profit targets will be 45.85 and 44.85 Resistance: 51.04 / 52.00 / 54.75 Support: 49.00 / 46.50 / 45.50 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
EURONEXT:BNPShort
by Saxo
1
BNP Paribas (BNP.pa) bullish scenario:The technical figure Triangle can be found in the daily chart in the French company BNP Paribas S.A. (BNP.pa). BNP Paribas is a French international banking group. With 190,000 employees as of February 2021, the bank is organized into three major business areas: Commercial, Personal Banking & Services (CPBS), Investment & Protection Services (IPS) and Corporate & Institutional Banking (CIB). BNP Paribas is the largest banking group in Europe, after HSBC, and ninth largest Banking group in the world. The Triangle broke through the resistance line on 04/11/2022. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 37 days towards 52.65 EUR. Your stop-loss order, according to experts, should be placed at 41.53 EUR if you decide to enter this position. BNP Paribas SA joined European peers in getting a lift from rising interest rates, with higher income from lending and debt trading propelling earnings past analysts’ estimates.Net interest income at the Paris-based bank rose 9.6% from a year ago, and fixed-income trading jumped 25%, just ahead of the average for the biggest Wall Street firms. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
EURONEXT:BNPLong
by legacyFXofficial
Buying ALFEN at trend of higher lows.Alfen - 30d expiry - We look to Buy at 93.45 (stop at 89.25) The primary trend remains bullish. The trend of higher lows is located at 93.00. We look for a temporary move lower. We look to buy dips. A break of 100 is needed to confirm follow through negative momentum. Prices expected to stall near trend line support. Our profit targets will be 103.35 and 106.35 Resistance: 105.00 / 107.00 / 110.60 Support: 100.00 / 96.00 / 91.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
EURONEXT:ALFENLong
by Saxo
BESI in a bull flag.BE SEMICONDUCTOR INDUSTRIES - 30d expiry - We look to Buy a break of 53.22 (stop at 49.98) Prices have reacted from 38.46. Short term bias has turned positive. Short term momentum is bullish. 53.02 has been pivotal. A break of bespoke resistance at 53.00, and the move higher is already underway. Our outlook is bullish. Our profit targets will be 60.84 and 63.84 Resistance: 53.00 / 55.40 / 59.00 Support: 50.00 / 47.30 / 45.60 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
EURONEXT:BESILong
by Saxo
ORP Stock opportunity or reality? Anybody talk about this!!! I've been following this Stock ( EURONEXT:ORP ) since the investigation by a French journalist into ill-treatment in retirement homes turned the spotlight on this French multinational. The company is extremely large and, above all, economically very solid. There was a first drop of around 64% after the reporter's book but then things continued to get worse, Blackrock also bought shares. I do not think a scandal of this kind can bring a company similar to -94% even if under investigation by the French government, in my opinion there is more..... I believe that whatever is going on here could be an important solution to consider. At the moment I have a pcm of about 35 and I am clearly at a loss but I think there is really more below this situation. What do you think?
EURONEXT:EMEIS
by Rick0
Vivendi long long terme BUYFundamental: Currently, we know that the Vivendi breach exposed consumers’ names, addresses and financial account information. On October 24, 2022, Vivendi Ticketing sent out data breach letters to all individuals whose information was compromised as a result of the recent data security incident. While the total number of people affected by the breach remains unknown at this point, there are reportedly 92,074 victims in Texas alone. Given this information, it is likely that the number of affected parties is in the hundreds of thousands. Apple on Monday announced price increases on all of its services in its key markets, including Apple Music. The price goes in France to 10.99 euros per month, against 9.99 euros previously and the family subscription to 16.99 euros against 14.99 euros. Apple's decision benefits Universal Music Group (UMG) on the stock market, with the major winning 8.4% on the Amsterdam Stock Exchange. Vivendi SE on Thursday posted higher third-quarter revenue led by growth at Gameloft and its advertising and public-relations business Havas. The media conglomerate steered by the family of French billionaire Vincent Bollore said revenue climbed to 2.58 billion euros ($2.52 billion) for the quarter ended in September, from EUR2.48 billion last year. The result represents a 0.6% increase on an organic basis. Organic revenue growth--a closely watched metric--refers to the change in net revenue excluding the impacts of acquisitions, disposals and currency fluctuations. Revenue at Canal+ Group, the pay-TV business that accounts for the lion's share of Vivendi's top-line, slipped to EUR1.42 billion from EUR1.47 billion. Gameloft reported a 45% increase in organic revenue growth, thanks to the Disney Dreamlight Valley game launched in September. Havas's revenue rose 3.2% organically. Lagardère benefited in the third quarter from a rebound in its retail business in stations and airports, with overall sales up 35.5% to 2 billion euros, according to a press release. The activity of the “Travel Retail” branch increased by 61% to 1.1 billion euros, and “virtually returns to its 2019 level” before the health crisis. France, Europe and the Americas are growing strongly thanks to the resumption of travel, while the Asia-Pacific region remains down (+6.1%) due to the zero-Covid policy in China. The Hachette Livre branch, the other activity of the Lagardère group now majority-owned by the Vivendi group, for its part rose by 12% (or 4% on a like-for-like basis), to 780 million euros. Revenue from other activities increased over the period by 3.6% to 178 million euros (or 4.4% like-for-like). For its part, media activity (Paris Match, the JDD, and Europe 1) is down 6.6% due to a “sluggish” advertising market. On the outlook side, in an unstable environment marked by inflationary tensions, China's zero-Covid policy and Russia's invasion of Ukraine, Lagardère is continuing its efforts to control costs, optimize its revenues, and controlling its cash flow. "Given the performance of Lagardère Travel Retail, the Group is revising its overall outlook for 2022 slightly upwards," the statement said. Lagardère Publishing's consolidated revenue is expected to be stable in 2022. Profitability should be affected by a less favorable market trend in a context of inflationary pressures on costs, in particular for paper and energy: Lagardère Publishing thus expects an operating margin of close to 11% for the year 2022. TF1 also pointed to a loss of digital advertising revenue after the sale of Livingly Media and Gofeminin.de. The group's advertising revenue over the period fell to 327.9 million euros (327.7 million) against 360 million a year earlier. Consolidated revenue amounted to 553 million euros in the third quarter, up nearly 6% compared to the previous year, strongly boosted by the sales of Newen, the television production subsidiary of TF1, at the origin of programs such as "Versailles" and "Plus belle la vie". The group's parent company, Bouygues, worked for more than a year on a plan to acquire a majority stake in France's second-largest private television channel, M6, before TF1 and M6 pulled out last month. Their proposed merger, intended to stave off the rise of US streaming platforms, was driven by antitrust demands that made the deal moot, they said at the time. TF1 appointed Rodolphe Belmer as CEO just a week after the deal fell through. Belmer, former boss of Canal Plus (Vivendi) and satellite operator Eutelsat, will lead the television group at a time when competition from companies like Netflix and Disney is becoming more and more acute, the platforms interested in streaming ad-supported video. The group did not provide financial targets for the year. European Union antitrust regulators will decide by Nov. 30 whether to clear French media company Vivendi's (VIV.PA) proposed acquisition of French peer Lagardere, a European Commission filing showed on Tuesday. Vivendi put in a request for EU approval on Monday, according to the bloc's competition enforcer. The deal, which would combine France's two biggest publishing groups, Lagardere's Hachette and Vivendi's Editis, has already drawn criticism from French independent publishers, including its most famous one, Gallimard. Technical: High volume on 8.500 € level indicating the high increase potential. Standard Deviation indicator confirming the low impact of volatility on the market. Reversed head and shoulders pattern noticed and neckline reached. Support MMA20 leading the price to a higher level, over 0.382 Fib' level and probably 0.5. ADX indicator confirming the current strength of the trend. Money management: RRR: 3 Aim: +7.38% Risk: -2.41%
EURONEXT:VIVLong
by thefrenchsniper
Flow Traders ready for higher levelsSince September Flow Traders has been forming a classic Head and Shoulders patters. Today it clearly broke the neckline. Based on classic H&S guidelines for price targets, the current rally could at least send the price to 22 euro. On a more fundamental side I think Flow Traders will profit from slightly higher volumes and wider spreads in markets they trade, which should result in higher profits. Therefore I expect profit surprises to be on the positive side which could boost the current rally. Flow Traders will provide a trading update tomorrow before the bell.
EURONEXT:FLOWLong
by Spijk
MCPHY to be pushed down a bearish div.MCPHY Energy - 30d expiry - We look to Sell a break of 12.45 (stop at 13.14) Daily signals are bearish. We are trading at overbought extremes. The bearish engulfing candle on the 4 hour chart is negative for sentiment. Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. A break of the recent low at 12.54 should result in a further move lower. Our profit targets will be 10.82 and 10.32 Resistance: 14.60 / 15.00 / 16.10 Support: 13.40 / 12.50 / 11.50 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
MShort
by Saxo