EURO Short Term Rebound Expected Our Pivot 1.2750 Our Prefernce: Buy Euro near 1.2780 with stop loss of 1.2750 and profit target at 1.2864 and 1.2890 Alternative Scenario: Downward Penetration of 1.2750 will call for 1.2715 and 1.2677 NOTE: Euro is under pressure by its fundamentals and also is moving […]
GBPUSD Caution Rebound Expected Our Preference: Intraday Short positions below 1.5233 with target at 1.5177 and 1.5107 Alternative...
Our Prefrence: Short positions below 1.5035 with target at 1.4960 and 1.4920 Alternative Scenario: Upside breakage...
Pivot: 1.5775. Our preference: SHORT positions @ 1.5765 with 1.5715 & 1.567 in sight. Alternative scenario: The...
Pivot: 91.95. Our preference: LONG positions above 91.95 with 92.75 & 93.15 in sight. Alternative scenario: The downside penetration of 91.95 will call for a slide towards 91.35 & 90.7. Comment: the pair is rebounding on its support and should post further advance as the RSI is turning up from […]Read more ›
Pivot: 1.3540. Our preference: SHORT positions below 1.354 with targets @ 1.3475 & 1.34. Alternative scenario: The upside breakout of 1.354 will open the way to 1.358 & 1.3605. Comment: the pair stands below its new resistance and remains under pressure, a rebound should not be ruled out as the […]Read more ›