Our pivot point is at 154.93. Our preference The upside prevails as long as 154.93 is support. Alternative scenario The downside breakout of 154.93 would call for 154.21 and 153.78. Comment The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average...
Our pivot point stands at 0.8841. Our preference The upside prevails as long as 0.8841 is support towards 0.9000. Alternative scenario The downside breakout of 0.8841 would call for 0.8823 and 0.8813. Comment The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20...
Pivot 67.85 Our preference Long positions above 67.85 with targets at 69.90 & 70.65 in extension. Alternative scenario Below 67.85 look for further downside with 67.25 & 66.70 as targets. Comment The RSI is bullish and calls for further upside. Supports and resistances 71.35 70.65 69.90 68.94 Last 67.85 67.25 66.70 Number of asterisks represents...
Our pivot point stands at 0.8323. Our preference The upside prevails as long as 0.8323 is support. Alternative scenario The downside breakout of 0.8323 would call for 0.8306 and 0.8296. Comment The RSI is trading above 70. This could mean that either the pair is in a lasting uptrend or just overbought and that therefore a correction could shape (look for...
Our pivot point is at 0.6330. Our preference The downside prevails as long as 0.6330 is resistance. Alternative scenario Above 0.6330, look for 0.6358 and 0.6375. Comment The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at...
Pivot 1.1160 Our preference Short positions below 1.1160 with targets at 1.1120 & 1.1105 in extension. Alternative scenario Above 1.1160 look for further upside with 1.1180 & 1.1200 as targets. Comment As long as the resistance at 1.1160 is not surpassed, the risk of the break below 1.1120 remains high. Supports and...
89.28 is our pivot point. Our preference As long as 89.28 is support look for 90.66. Alternative scenario Below 89.28, expect 88.76 and 88.45. Comment The RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 89.53 and...
Pivot 19110.00 Our preference lets watch the data released during the US session. Short positions below 19110.00 with targets at 18790.00 & 18530.00 in extension. Alternative scenario Above 19110.00 look for further upside with 19220.00 & 19430.00 as targets. Comment As long as 19110.00 is resistance, look for choppy price action with a bearish...
Pivot 19720.00 Our preference Short positions below 19720.00 with targets at 19450.00 & 19350.00 in extension. Alternative scenario Above 19720.00 look for further upside with 19845.00 & 19900.00 as targets. Comment As long as 19720.00 is resistance, look for choppy price action with a bearish bias. Supports and...
Pivot 19650.00 Our preference Long positions above 19650.00 with targets at 19900.00 & 20000.00 in extension. Alternative scenario Below 19650.00 look for further downside with 19540.00 & 19450.00 as targets. Comment The next resistances are at 19900.00 and then at 20000.00. Supports and resistances 20080.00 20000.00 19900.00 19791.00...
Pivot 8365.00 Our preference Short positions below 8365.00 with targets at 8284.00 & 8248.00 in extension. Alternative scenario Above 8365.00 look for further upside with 8401.00 & 8433.00 as targets. Comment As long as 8365.00 is resistance, look for choppy price action with a bearish bias. Supports and resistances 8433.00 8401.00 8365.00 8325.50...
Pivot 7610.00 Our preference Short positions below 7610.00 with targets at 7520.00 & 7465.00 in extension. Alternative scenario Above 7610.00 look for further upside with 7661.00 & 7710.00 as targets. Comment The upward potential is likely to be limited by the resistance at 7610.00. Supports and resistances 7710.00 7661.00 7610.00 7576.00...
Our pivot point stands at 162.99. Our preference As long as 162.99 is support look for 165.37. Alternative scenario The downside breakout of 162.99 would call for 162.09 and 161.56. Comment The RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is above its 20 and 50 period moving average...
Pivot 18200.00 Our preference Long positions above 18400 with targets at 18640.00 & 18770.00 in extension. Alternative scenario Below 18200.00 look for further downside with 18100.00 & 18000.00 as targets. Comment The RSI is bullish and calls for further upside. Supports and resistances 18875.00 18770.00 18640.00 18559.00...
Pivot 19750.00 Our preference Long positions above 19750.00 with targets at 20160.00 & 20360.00 in extension. Alternative scenario Below 19700.00 look for further downside with 19680.00 & 19530.00 as targets. Comment The RSI is above its neutrality area at 50%. Supports and resistances 20490.00 20360.00 20160.00 19912.00...
Pivot 81.35 Our preference Short positions below 81.35 with targets at 80.20 & 79.75 in extension. Alternative scenario Above 81.50 look for further upside with 82.00 & 82.50 as targets. Comment As long as the resistance at 81.35 is not surpassed, the risk of the break below 80.20 remains high. Supports and resistances 82.50 82.00 81.35 80.93...
Pivot 20750.00 Our preference Short positions below 20750.00 with targets at 20560.00 & 20450.00 in extension. Alternative scenario Above 20750.00 look for further upside with 20980.00 & 21110.00 as targets. Comment The RSI lacks momentum. Supports and resistances 21110.00 20980.00 20750.00 20640.00 Last 20560.00 20450.00 20340.00 Number of...
Our pivot point is at 171.61. Our preference The downside prevails as long as 171.61 is resistance. Alternative scenario The upside breakout of 171.61, would call for 172.09 and 172.37. Comment The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving...