Sample Category Title
EUR/USD The Bias Remains Bullish
Pivot (invalidation): 1.1315
Our preference Long positions above 1.1315 with targets at 1.1345 & 1.1360 in extension.
Alternative scenario Below 1.1315 look for further downside with 1.1300 & 1.1290 as targets.
Comment The RSI lacks downward momentum.
USD/TRY Choppy
Pivot (invalidation): 5.7830
Our preference Long positions above 5.7830 with targets at 5.8290 & 5.8570 in extension.
Alternative scenario Below 5.7830 look for further downside with 5.7500 & 5.7280 as targets.
Comment A support base at 5.7830 has formed and has allowed for a temporary stabilisation.
AUD/USD The Downside Prevails
Pivot (invalidation): 0.6965
Our preference Short positions below 0.6965 with targets at 0.6935 & 0.6925 in extension.
Alternative scenario Above 0.6965 look for further upside with 0.6975 & 0.6990 as targets.
Comment As Long as the resistance at 0.6965 is not surpassed, the risk of the break below 0.6935 remains high.
USD/CAD Further Advance
Pivot (invalidation): 1.3265
Our preference Long positions above 1.3265 with targets at 1.3310 & 1.3340 in extension.
Alternative scenario Below 1.3265 look for further downside with 1.3245 & 1.3230 as targets.
Comment The RSI is bullish and calls for further advance.
USD/CHF Bullish Bias Above 0.9905
Pivot (invalidation): 0.9905
Our preference Long positions above 0.9905 with targets at 0.9935 & 0.9950 in extension.
Alternative scenario Below 0.9905 look for further downside with 0.9885 & 0.9870 as targets.
Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
S&P 500 Key Resistance At 2902.50
Pivot (invalidation): 2902.50
Our preference Short positions below 2902.50 with targets at 2871.60 & 2851.50 in extension.
Alternative scenario Above 2902.50 look for further upside with 2913.25 & 2935.25 as targets.
Comment The RSI advocates for further downside.
DAX Further Advance
Pivot (invalidation): 12090.00
Our preference Long positions above 12090.00 with targets at 12230.00 & 12280.00 in extension.
Alternative scenario Below 12090.00 look for further downside with 12030.00 & 11980.00 as targets.
Comment The break above 12090.00 is a positive signal that has opened a path to 12230.00.
Crude Oil Break Of A ST Rising Trendline Support
Pivot (invalidation): 53.05
Our preference Short positions below 53.05 with targets at 51.80 & 51.30 in extension.
Alternative scenario Above 53.05 look for further upside with 53.60 & 53.90 as targets.
Comment The RSI has broken down its 30 level.
Silver Spot Look For 14.9400
Pivot (invalidation): 14.7100
Our preference Long positions above 14.7100 with targets at 14.8500 & 14.9400 in extension.
Alternative scenario Below 14.7100 look for further downside with 14.6300 & 14.5500 as targets.
Comment The RSI is bullish and calls for further upside.
Gold Spot Further Advance
Pivot (invalidation): 1326.50
Our preference Long positions above 1326.50 with targets at 1337.50 & 1341.50 in extension.
Alternative scenario Below 1326.50 look for further downside with 1323.00 & 1320.00 as targets.
Comment The RSI advocates for further advance.
