Daniel_Thompson

Daniel_Thompson

Pivot 77.90 Our preference Long positions above 77.90 with targets at 79.75 & 80.00 in extension. Alternative scenario Below 77.90 look for further downside with 77.25 & 76.70 as targets. Comment The break above the resistance at 77.90 triggered an upward acceleration to 79.75. Supports and resistances 80.75 80.00 79.75 78.74...

Daniel_Thompson

Pivot 1998.00 Our preference Long positions above 1998.00 with targets at 2012.00 & 2019.00 in extension. Alternative scenario Below 1998.00 look for further downside with 1993.00 & 1989.00 as targets. Comment The RSI shows upside momentum. Supports and resistances 2029.00 2019.00 2012.00 2005.19 Last 1998.00 1993.00 1989.00 Number of asterisks...

Daniel_Thompson

#WaveAnalysis #WTI crude oil reversed from resistance level 78.00 Likely to fall to support level 74.00 WTI crude oil recently reversed down from the pivotal resistance level 78.00 (former support from August, which has been reversing the price from November), intersecting with by the upper daily Bollinger Band and the 38.2% Fibonacci correction of the downward...

Daniel_Thompson

FTSE 100 index falling strongly – Likely to fall to support level 7440.00 FTSE 100 index falling strongly after the price failed to break above the major resistance level 7700.00 (which has been repeatedly reversing the index from June of last year). The resistance level 7700.00 was strengthened by the upper daily Bollinger Band and by the 61.8% Fibonacci...

Daniel_Thompson

Pivot 77.10 Our preference Long positions above 77.10 with targets at 78.50 & 79.00 in extension. Alternative scenario Below 77.10 look for further downside with 76.60 & 76.10 as targets. Comment The RSI calls for a bounce. Supports and resistances 79.30 79.00 78.50 77.96 Last 77.10 76.60 76.10 Number of asterisks represents the strength of support...

Daniel_Thompson

Pivot 2027.00 Our preference Long positions above 2027.00 with targets at 2038.00 & 2044.00 in extension. Alternative scenario Below 2027.00 look for further downside with 2022.00 & 2017.00 as targets. Comment The RSI calls for a bounce. Supports and resistances 2050.00 2044.00 2038.00 2032.00 Last 2027.00 2022.00 2017.00 Number of asterisks...

Daniel_Thompson

Pivot 2028.00 Our preference Long positions above 2028.00 with targets at 2041.00 & 2046.00 in extension. Alternative scenario Below 2028.00 look for further downside with 2022.00 & 2014.00 as targets. Comment The RSI lacks downward momentum. Supports and resistances 2054.00 2046.00 2041.00 2032.96 Last 2028.00 2022.00 2014.00 Number of asterisks...

Daniel_Thompson

Pivot 38610.00 Our preference Long positions above 38610.00 with targets at 38890.00 & 39060.00 in extension. Alternative scenario Below 38610.00 look for further downside with 38490.00 & 38390.00 as targets. Comment The next resistances are at 38890.00 and then at 39060.00. Supports and resistances 39220.00 39060.00 38890.00 38671.00...

Daniel_Thompson

Pivot 17590.00 Our preference Long positions above 17590.00 with targets at 17850.00 & 17950.00 in extension. Alternative scenario Below 17590.00 look for further downside with 17480.00 & 17350.00 as targets. Comment The next resistances are at 17850.00 and then at 17950.00. Supports and resistances 18075.00 17950.00 17850.00 17676.00...

Daniel_Thompson

Pivot 1.0845 Our preference Short positions below 1.0845 with targets at 1.0780 & 1.0760 in extension. Alternative scenario Above 1.0845 look for further upside with 1.0865 & 1.0885 as targets. Comment The RSI shows downside momentum. Supports and resistances 1.0885 1.0865 1.0845 1.0810 Last 1.0780 1.0760 1.0740 Number of asterisks represents the...

Daniel_Thompson

Likely to rise to resistance level 2085.00 Gold recently reversed up from the key resistance level 2016.00, which stopped the previous corrections (a) and 2. The resistance level 2016.00 was strengthened by the lower daily Bollinger Band and by the 50% Fibonacci correction of the upward impulse from November. Given the clear daily uptrend, Gold can be expected...

Daniel_Thompson

Pivot 7624.00 Our preference Long positions above 7624.00 with targets at 7700.00 & 7748.00 in extension. Alternative scenario Below 7624.00 look for further downside with 7600.00 & 7574.00 as targets. Comment The RSI is mixed and calls for caution. Supports and resistances 7760.00 7748.00 7700.00 7681.50 Last 7624.00 7600.00 7574.00 Number of...

Daniel_Thompson

Likely to fall to support level 75.00 WTI crude oil recently reversed down from the key resistance level 79.15, which has been reversing the price from November, as can be seen below. The resistance level 79.15 was strengthened by the upper daily Bollinger Band and by the 38.2% Fibonacci correction of the downward impulse from September. Given the overbought...

Daniel_Thompson

Likely to rise to resistance level 4700.00 EUR50 index is under the bullish pressure now after the price broke above the resistance level 4585.00 (which stopped the previous impulse wave 1 at the end of last year). The breakout of the resistance level 4585.00 follows the earlier upward reversal from the 4465.00 (former major resistance from 2023, acting as...

Daniel_Thompson

Pivot 78.85 Our preference Long positions above 78.85 with targets at 80.55 & 81.00 in extension. Alternative scenario Below 78.85 look for further downside with 78.40 & 77.80 as targets. Comment The RSI is around its neutrality area at 50% Supports and resistances 81.60 81.00 80.55 79.60 Last 78.85 78.40 77.80 Number of asterisks represents the...

Daniel_Thompson

Our pivot point stands at 0.8563. Our preference The downside prevails as long as 0.8563 is resistance. Alternative scenario Above 0.8563, look for 0.8576 and 0.8584. 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...

Daniel_Thompson

Pivot 73.10 Our preference Long positions above 73.10 with targets at 74.20 & 74.60 in extension. Alternative scenario Below 73.10 look for further downside with 72.55 & 72.10 as targets. Comment The RSI is bullish and calls for further upside. Supports and resistances 75.00 74.60 74.20 73.45 Last 73.10 72.55 72.10 Number of asterisks represents...

Daniel_Thompson

Pivot 2032.00 Our preference Short positions below 2032.00 with targets at 2014.00 & 2008.00 in extension. Alternative scenario Above 2032.00 look for further upside with 2039.00 & 2045.00 as targets. Comment The RSI advocates for further downside. Supports and resistances 2045.00 2039.00 2032.00 2022.50 Last 2014.00 2008.00 2002.00 Number of...