Airbus - Intraday - We look to Sell at 110.91 (stop at 113.51)
112.00 continues to hold back the bulls.
Daily signals are mildly bearish.
Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
Bespoke resistance is located at 112.00.
Resistance could prove difficult to breakdown.
The previous swing high is located...
Airbus - Short Term - We look to Sell at 108.46 (stop at 113.02)
Preferred trade is to sell into rallies. Previous support at 107.00 now becomes resistance. 20 1day EMA is at 111.00. Expect trading to remain mixed and volatile. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 107.00, resulting in improved...