Sample Category Title

Pivot (invalidation): 1313.00

Our preference Short positions below 1313.00 with targets at 1306.50 & 1303.00 in extension.

Alternative scenario Above 1313.00 look for further upside with 1317.00 & 1319.00 as targets.

Comment As Long as 1313.00 is resistance, expect a return to 1306.50.

Pivot (invalidation): 2787.00

Our preference Long positions above 2787.00 with targets at 2829.00 & 2844.75 in extension.

Alternative scenario Below 2787.00 look for further downside with 2770.00 & 2761.00 as targets.

Comment The RSI is mixed to bullish.

Pivot (invalidation): 11500.00

Our preference Short positions below 11500.00 with targets at 11340.00 & 11235.00 in extension.

Alternative scenario Above 11500.00 look for further upside with 11560.00 & 11620.00 as targets.

Comment As Long as 11500.00 is resistance, look for choppy price action with a bearish bias.

Pivot (invalidation): 5.3200

Our preference Long positions above 5.3200 with targets at 5.4690 & 5.5640 in extension.

Alternative scenario Below 5.3200 look for further downside with 5.2400 & 5.1380 as targets.

Comment The RSI calls for a rebound.

Pivot (invalidation): 0.7070

Our preference Long positions above 0.7070 with targets at 0.7110 & 0.7130 in extension.

Alternative scenario Below 0.7070 look for further downside with 0.7055 & 0.7045 as targets.

Comment The RSI calls for a new upleg.

Pivot (invalidation): 1.3395

Our preference Long positions above 1.3395 with targets at 1.3425 & 1.3440 in extension.

Alternative scenario Below 1.3395 look for further downside with 1.3370 & 1.3350 as targets.

Comment A support base at 1.3395 has formed and has allowed for a temporary stabilisation.

Pivot (invalidation): 0.9935

Our preference Long positions above 0.9935 with targets at 0.9965 & 0.9985 in extension.

Alternative scenario Below 0.9935 look for further downside with 0.9920 & 0.9905 as targets.

Comment The RSI calls for a rebound.

Pivot (invalidation): 110.50

Our preference Short positions below 110.50 with targets at 110.00 & 109.70 in extension.

Alternative scenario Above 110.50 look for further upside with 110.70 & 110.95 as targets.

Comment The RSI is bearish and calls for further decline.

Pivot (invalidation): 1.3200

Our preference Short positions below 1.3200 with targets at 1.3140 & 1.3100 in extension.

Alternative scenario Above 1.3200 look for further upside with 1.3240 & 1.3270 as targets.

Comment The upward potential is likely to be limited by the resistance at 1.3200

Pivot (invalidation): 1.1280

Our preference Short positions below 1.1280 with targets at 1.1235 & 1.1200 in extension.

Alternative scenario Above 1.1280 look for further upside with 1.1300 & 1.1325 as targets.

Comment A break below 1.1235 would trigger a drop towards 1.1200.