Pivot 1.2860 My preference Long positions above 1.2860 with targets at 1.2950 & 1.2980 in extension. Alternative scenario Below 1.2860 look for further downside with 1.2835 & 1.2810 as targets. Comment The RSI is bullish and calls for further advance. Supports and resistances 1.3000 1.2980 1.2950 1.2911 Last 1.2860 1.2835 1.2810
We should come down to test the pivot and move back up, but if it closes below, I have placed bearish targets as well.
Pivot point stands at 1.0235. preference Rebound towards 1.0324. Alternative scenario The downside breakout of 1.0235 would call for 1.0203 and 1.0184. Comment The RSI is below 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 1.0268 and...
Pivot 1.0335 My preference Short positions below 1.0335 with targets at 1.0295 & 1.0275 in extension. Alternative scenario Above 1.0335 look for further upside with 1.0365 & 1.0390 as targets. Comment A break below 1.0295 would trigger a drop towards 1.0275. Supports and resistances 1.0390 1.0365 1.0335 1.0306 Last 1.0295 1.0275 1.0250
Currently we are at 50 % retrace on todays bullish move. Looking for another leg up to retest or push through high of day.
Pivot 1.0265 My preference Long positions above 1.0265 with targets at 1.0340 & 1.0365 in extension. Alternative scenario Below 1.0265 look for further downside with 1.0240 & 1.0220 as targets. Comment The RSI calls for a bounce. Supports and resistances 1.0390 1.0365 1.0340 1.0301 Last 1.0265 1.0240 1.0220
136.37 is my pivot point. My preference Rebound towards 138.09. Alternative scenario The downside breakout of 136.37 would call for 135.76 and 135.39. Comment The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (136.87) but under its 50 period...
pivot point is at 0.6264. My preference The upside prevails as long as 0.6264 is support. Alternative scenario Below 0.6264, expect 0.6241 and 0.6226. Comment The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average...
pivot point stands at 1.2099. My preference The downside prevails as long as 1.2099 is resistance. Alternative scenario The upside breakout of 1.2099, would call for 1.2130 and 1.2149. The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20...
Honestly this could go either way, but we have to follow trend pivot point is at 1.0237. My preference The downside prevails as long as 1.0237 is resistance. Alternative scenario Above 1.0237, look for 1.0269 and 1.0288. Comment The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is...
Pivot 1.0175 My preference Long positions above 1.0175 with targets at 1.0205 & 1.0220 in extension. Alternative scenario Below 1.0175 look for further downside with 1.0160 & 1.0145 as targets. The RSI is mixed with a bullish bias. Supports and resistances 1.0240 1.0220 1.0205 1.0194 Last 1.0175 1.0160 1.0145
Looking for one more test of the 50 ema this week for a long entry that would take us to our profit zones. I will be using two-week out options with a strike around 74 or 75.
Based on trendlines and current bear flag we should see a break down to pivot point this week approx 240ish ticks before a change to the upside
Formed inverse H&s and currently forming a bill flag. Wait for price to come back to pivot for long entry
My pivot point is at 0.6888. My preference Rebound towards 0.6961. Alternative scenario Below 0.6888, expect 0.6863 and 0.6848. 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 is trading above its 20 period moving average (0.6915) but under its 50 period moving...
Pivot 407.80 My preference Long positions above 407.80 with targets at 417.00 & 423.30 in extension. Alternative scenario Below 407.80 look for further downside with 401.00 & 397.00 as targets. Comment The RSI has just landed on its neutrality area at 50% and is turning up. Supports and resistances 427.00 423.30 417.00 413.80 Last 407.80 401.00 397.00
My pivot point is at 0.9767. My preference The upside prevails as long as 0.9767 is support. Alternative scenario The downside breakout of 0.9767 would call for 0.9738 and 0.9721. The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average...
My pivot point is at 1.9291. My preference The upside prevails as long as 1.9291 is support. Alternative scenario The downside breakout of 1.9291 would call for 1.9242 and 1.9213. 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...