89.90 is our pivot point. Our preference Rebound towards 90.99. Alternative scenario Below 89.90, expect 89.55 and 89.33. Comment The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 90.22 and...
Our pivot point stands at 100.15. Our preference Our next up target stands at 101.51. Alternative scenario The downside breakout of 100.15 would call for 99.70 and 99.43. Comment The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both...
Pivot 20700.00 Our preference Long positions above 20700.00 with targets at 20900.00 & 21060.00 in extension. Alternative scenario Below 20600.00 look for further downside with 20500.00 & 20390.00 as targets. Comment The RSI is mixed and calls for caution. Supports and resistances 21270.00 21060.00 20900.00 20801.00...
Pivot 30.90 Our preference Long positions above 30.90 with targets at 31.40 & 31.83 in extension. Alternative scenario Below 30.90 look for further downside with 30.80 & 30.62 as targets. Comment The RSI calls for a new upleg. Supports and resistances 31.75 31.63 31.40 31.06 Last 30.90 30.80 30.62 Number of asterisks represents the strength of...
Pivot 5935.00 Our preference Long positions above 5935.00 with targets at 5977.00 & 6005.00 in extension. Alternative scenario Below 5935.00 look for further downside with 5907.00 & 5890.00 as targets. Comment The RSI is mixed and calls for caution. Supports and resistances 6038.00 6005.00 5977.00 5951.25 Last 5935.00 5907.00 5890.00 Number of...
Pivot 69.15 Our preference Long positions above 69.15 with targets at 71.25 & 71.85 in extension. Alternative scenario Below 69.15 look for further downside with 68.50 & 67.85 as targets. Comment The RSI lacks momentum. Supports and resistances 72.40 71.85 71.25 69.71 Last 69.15 68.50 67.85 Number of asterisks represents the strength of support and...
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...