Daniel_Thompson

Daniel_Thompson

Pivot 78.40 Our preference Long positions above 78.40 with targets at 79.40 & 79.90 in extension. Alternative scenario Below 78.40 look for further downside with 77.70 & 77.10 as targets. Comment The RSI calls for a bounce. Supports and resistances 80.60 79.90 79.40 79.07 Last 78.40 77.70 77.10 Number of asterisks represents the strength of support...

Daniel_Thompson

Pivot 0.8660 Our preference Long positions above 0.8660 with targets at 0.8700 & 0.8720 in extension. Alternative scenario Below 0.8660 look for further downside with 0.8645 & 0.8630 as targets. Comment The RSI shows upside momentum. Supports and resistances 0.8740 0.8720 0.8700 0.8685 Last 0.8660 0.8645 0.8630 Number of asterisks represents the...

Daniel_Thompson

Pivot 77.50 Our preference Long positions above 77.50 with targets at 78.60 & 79.15 in extension. Alternative scenario Below 77.50 look for further downside with 77.05 & 76.50 as targets. Comment The RSI calls for a bounce. Supports and resistances 79.75 79.15 78.60 78.23 Last 77.50 77.05 76.50 Number of asterisks represents the strength of support...

Daniel_Thompson

Pivot 16509.00 Our preference Short positions below 16509.00 with targets at 16350.00 & 16270.00 in extension. Alternative scenario Above 16509.00 look for further upside with 16570.00 & 16630.00 as targets. Comment The RSI lacks downward momentum. Supports and resistances 16630.00 16570.00 16509.00 16406.30 Last 16350.00 16270.00 16200.00 Number...

Daniel_Thompson

Pivot 0.8595 Our preference Long positions above 0.8595 with targets at 0.8650 & 0.8670 in extension to 0.8700. Alternative scenario Below 0.8595 look for further downside with 0.8575 & 0.8555 as targets. Comments: Likely to rise to resistance level 0.8700 USDCHF currency pair recently reversed up with the weekly Piercing Line from the key support level...

Daniel_Thompson

Pivot 77.85 Our preference Long positions above 77.85 with targets at 78.80 & 79.35 in extension. Alternative scenario Below 77.85 look for further downside with 77.05 & 76.40 as targets. Comment Intraday technical indicators are mixed. Supports and resistances 79.90 79.35 78.80 78.09 Last 77.85 77.05 76.40 Number of asterisks represents the...

Daniel_Thompson

Pivot 2045.00 Our preference Long positions above 2045.00 with targets at 2062.00 & 2070.00 in extension. Alternative scenario Below 2045.00 look for further downside with 2037.00 & 2030.00 as targets. Comment The RSI advocates for further advance. Supports and resistances 2078.00 2070.00 2062.00 2053.70 Last 2045.00 2037.00 2030.00 Number of...

Daniel_Thompson

Pivot 79.30 Our preference Long positions above 79.30 with targets at 81.00 & 81.40 in extension. Alternative scenario Below 79.30 look for further downside with 78.60 & 78.00 as targets. Comment The break above 79.30 is a positive signal that has opened a path to 81.00. Supports and resistances 82.10 81.40 81.00 80.19 Last 79.30 78.60 78.00 Number...

Daniel_Thompson

Pivot 76.80 Our preference Long positions above 76.80 with targets at 77.70 & 78.15 in extension. Alternative scenario Below 76.80 look for further downside with 76.45 & 75.95 as targets. Comment The RSI calls for a rebound. Supports and resistances 78.70 78.15 77.70 77.35 Last 76.80 76.45 75.95 Number of asterisks represents the strength of...

Daniel_Thompson

Pivot 0.6700 Our preference Long positions above 0.6700 with targets at 0.6730 & 0.6745 in extension. Alternative scenario Below 0.6700 look for further downside with 0.6685 & 0.6675 as targets. Comment The RSI is mixed to bullish. Supports and resistances 0.6760 0.6745 0.6730 0.6720 Last 0.6700 0.6685 0.6675 Number of asterisks represents the...

Daniel_Thompson

0.8949 is our pivot point. Our preference As long as 0.8949 is support look for 0.9010. Alternative scenario Below 0.8949, expect 0.8926 and 0.8913. Comment The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average...

Daniel_Thompson

Our pivot point stands at 0.6223. Our preference The upside prevails as long as 0.6223 is support. Alternative scenario Below 0.6223, expect 0.6204 and 0.6192. 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 (respectively at 0.6237 and...

Daniel_Thompson

Pivot 1.0965 Our preference Short positions below 1.0965 with targets at 1.0920 & 1.0900 in extension. Alternative scenario Above 1.0965 look for further upside with 1.0980 & 1.1000 as targets. Comment The RSI is mixed to bearish. Supports and resistances 1.1000 1.0980 1.0965 1.0932 Last 1.0920 1.0900 1.0875 Number of asterisks represents the...

Daniel_Thompson

Pivot 2026.00 Our preference Long positions above 2026.00 with targets at 2040.00 & 2046.00 in extension. Alternative scenario Below 2026.00 look for further downside with 2017.00 & 2006.00 as targets. Comment The next resistances are at 2040.00 and then at 2046.00. Supports and resistances 2051.00 2046.00 2040.00 2033.00...

Daniel_Thompson

Pivot 7805.00 Our preference Short positions below 7805.00 with targets at 7540.00 & 7445.00 in extension. Alternative scenario Above 7805.00 look for further upside with 7930.00 & 8047.00 as targets. Comment The RSI has struck against a major resistance around 70% and is reversing down. Supports and resistances 8047.00 7930.00 7805.00 7662.67...

Daniel_Thompson

"If Santa Claus should fail to call, bears may come to Broad and Wall" Stock Trader's Almanac analysts noted today that despite last year's significant rally in the stock market, the anticipated Santa Claus Rally has failed to materialize this year. The market is displaying signs of weakness, with this week’s selling prompting caution among investors....

Daniel_Thompson

Pivot 76.90 Our preference Short positions below 76.90 with targets at 75.10 & 74.70 in extension. Alternative scenario Above 76.90 look for further upside with 77.60 & 78.20 as targets. Comment As long as 76.90 is resistance, likely decline to 75.10. Supports and resistances 78.20 77.60 76.90 75.81 Last 75.10 74.70 74.00 Number of asterisks...

Daniel_Thompson

Pivot 7730.00 Our preference Long positions above 7730.00 with targets at 7765.00 7787.00 7800.00 in extension. Alternative scenario Below 7730.00 look for further downside with 7714.00 & 7685.00 as targets. Comment A support base at 7730.00 has formed and has allowed for a temporary stabilisation. Supports and...