Sample Category Title

Pivot (invalidation): 1302.00

Our preference Long positions above 1302.00 with targets at 1311.00 & 1315.00 in extension.

Alternative scenario Below 1302.00 look for further downside with 1298.00 & 1294.00 as targets.

Comment The RSI is bullish and calls for further upside.

UK Brexit Minister Stephen Barclay warned that this is a "moment of crisis" for the country after Commons Speaker John Bercow "raised the bar" for another Brexit vote on the same deal. And it's "more unlikely" for the meaningful vote to take place this week.

Nevertheless, Barclay also pointed out that Bercow already "pointed to possible solutions". And Barclay added "you can have the same motion but where the circumstances have changed." Also, Barclay noted "the speaker himself has said that where the will of the House is for a certain course of action, then it is important that the will of the House is respected." He added that both an extension or a shift in support, could indicate a change in context.

But Barclay rejected the option of asking the Queen to cut short the entire parliamentary session, known as prorogation, He said "the one thing everyone would agree on is that involving Her Majesty in any of the issues around Brexit is not the way forward, so I don't see that a realistic option."

Pivot (invalidation): 111.45

Our preference Short positions below 111.45 with targets at 111.00 & 110.85 in extension.

Alternative scenario Above 111.45 look for further upside with 111.60 & 111.75 as targets.

Comment As Long as the resistance at 111.45 is not surpassed, the risk of the break below 111.00 remains high.

Pivot (invalidation): 1.3240

Our preference Long positions above 1.3240 with targets at 1.3300 & 1.3330 in extension.

Alternative scenario Below 1.3240 look for further downside with 1.3210 & 1.3180 as targets.

Comment The RSI is bullish and calls for further upside.

Pivot (invalidation): 1.1325

Our preference Long positions above 1.1325 with targets at 1.1360 & 1.1380 in extension.

Alternative scenario Below 1.1325 look for further downside with 1.1310 & 1.1295 as targets.

Comment The RSI calls for a new upleg.

Pivot (invalidation): 5.4580

Our preference Long positions above 5.4580 with targets at 5.4760 & 5.4890 in extension.

Alternative scenario Below 5.4580 look for further downside with 5.4505 & 5.4400 as targets.

Comment The break above 5.4580 is a positive signal that has opened a path to 5.4760.

Pivot (invalidation): 0.7090

Our preference Long positions above 0.7090 with targets at 0.7120 & 0.7135 in extension.

Alternative scenario Below 0.7090 look for further downside with 0.7075 & 0.7065 as targets.

Comment A support base at 0.7090 has formed and has allowed for a temporary stabilisation.

Pivot (invalidation): 1.3345

Our preference Short positions below 1.3345 with targets at 1.3315 & 1.3300 in extension.

Alternative scenario Above 1.3345 look for further upside with 1.3370 & 1.3390 as targets.

Comment The RSI shows downside momentum.

Pivot (invalidation): 1.0025

Our preference Short positions below 1.0025 with targets at 0.9990 & 0.9970 in extension.

Alternative scenario Above 1.0025 look for further upside with 1.0050 & 1.0065 as targets.

Comment The RSI is bearish and calls for further downside.

Pivot (invalidation): 2818.50

Our preference Long positions above 2818.50 with targets at 2840.00 & 2852.00 in extension.

Alternative scenario Below 2818.50 look for further downside with 2805.50 & 2798.00 as targets.

Comment The RSI is mixed to bullish.