Sample Category Title

Pivot (invalidation): 71.20

Our preference Long positions above 71.20 with targets at 73.60 & 74.60 in extension.

Alternative scenario Below 71.20 look for further downside with 69.40 & 68.20 as targets.

Comment The RSI is mixed to bullish.

Pivot (invalidation): 16.2200

Our preference Short positions below 16.2200 with targets at 15.9500 & 15.9000 in extension.

Alternative scenario Above 16.2200 look for further upside with 16.3500 & 16.4400 as targets.

Comment The RSI is mixed with a bearish bias.

Pivot (invalidation): 1256.00

Our preference Short positions below 1256.00 with targets at 1249.50 & 1247.00 in extension.

Alternative scenario Above 1256.00 look for further upside with 1259.00 & 1262.50 as targets.

Comment As Long as 1256.00 is resistance, likely decline to 1249.50.

Pivot (invalidation): 0.7380

Our preference Short positions below 0.7380 with targets at 0.7320 & 0.7300 in extension.

Alternative scenario Above 0.7380 look for further upside with 0.7405 & 0.7425 as targets.

Comment As Long as the resistance at 0.7380 is not surpassed, the risk of the break below 0.7320 remains high.

Pivot (invalidation): 1.3315

Our preference Long positions above 1.3315 with targets at 1.3345 & 1.3365 in extension.

Alternative scenario Below 1.3315 look for further downside with 1.3275 & 1.3255 as targets.

Comment The RSI lacks downward momentum.

Pivot (invalidation): 0.9940

Our preference Long positions above 0.9940 with targets at 0.9980 & 1.0000 in extension.

Alternative scenario Below 0.9940 look for further downside with 0.9920 & 0.9895 as targets.

Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Our pivot (invalidation) point stands at 1.1509.

Our preference Rebound.

Alternative scenario The downside breakout of 1.1509 would call for 1.1485 and 1.1472.

Comment The RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the pair is trading above its 20 MA (1.1523) but under its 50 MA (1.1533). Finally, the EUR/CHF has crossed above its upper Bollinger band (1.1529).

Pivot (invalidation): 0.8825

Our preference Short positions below 0.8825 with targets at 0.8800 & 0.8780 in extension.

Alternative scenario Above 0.8825 look for further upside with 0.8840 & 0.8860 as targets.

Comment The upward potential is likely to be limited by the resistance at 0.8825.

Pivot (invalidation): 110.00

Our preference Long positions above 110.00 with targets at 110.30 & 110.50 in extension.

Alternative scenario Below 110.00 look for further downside with 109.65 & 109.35 as targets.

Comment A support base at 110.00 has formed and has allowed for a temporary stabilisation.

Pivot (invalidation): 1.3150

Our preference Short positions below 1.3150 with targets at 1.3100 & 1.3070 in extension.

Alternative scenario Above 1.3150 look for further upside with 1.3190 & 1.3235 as targets.

Comment A break below 1.3100 would trigger a drop towards 1.3070.