Daniel_Thompson

Daniel_Thompson

Pivot 38600 Our preference Short positions below 38600 with targets at 37060 & 36230 in extension. Alternative scenario Above 38600 look for further upside with 39345 & 39850 as targets. Comment The RSI is mixed with a bearish bias. Supports and resistances 39850 39345 38600 38004 Last 37060 36230 35480 Number of asterisks represents the strength...

Daniel_Thompson

Pivot 17965.00 Our preference Long positions above 17965.00 with targets at 18250.00 & 18370.00 in extension. Alternative scenario Below 17965.00 look for further downside with 17870.00 & 17770.00 as targets. Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Supports and...

Daniel_Thompson

Pivot 81.50 Our preference Long positions above 81.50 with targets at 82.60 & 83.20 in extension. Alternative scenario Below 81.50 look for further downside with 80.80 & 80.20 as targets. Comment The RSI calls for a bounce. Supports and resistances 83.80 83.20 82.60 82.27 Last 81.50 80.80 80.20 Number of asterisks represents the strength of support...

Daniel_Thompson

Pivot 17100.00 Our preference Long positions above 17100.00 with targets at 17400.00 & 17540.00 in extension. Alternative scenario Below 17100.00 look for further downside with 17000.00 & 16850.00 as targets. Comment A support base at 17100.00 has formed and has allowed for a temporary stabilisation. Supports and...

Daniel_Thompson Updated 

1 Hour Chart: Pivot 86.00 Our preference Long positions above 86.00 with targets at 87.10 & 87.60 in extension. Alternative scenario Below 86.00 look for further downside with 85.35 & 84.65 as targets. Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Supports and...

Daniel_Thompson

Pivot 0.6590 Our preference Long positions above 0.6590 with targets at 0.6615 & 0.6630 in extension. Alternative scenario Below 0.6590 look for further downside with 0.6575 & 0.6560 as targets. Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Supports and resistances 0.6645 0.6630 0.6615 0.6607...

Daniel_Thompson

Pivot 86.00 Our preference Long positions above 86.00 with targets at 87.40 & 88.20 in extension. Alternative scenario Below 86.00 look for further downside with 85.50 & 84.65 as targets. Comment The RSI shows upside momentum. Supports and resistances 89.00 88.20 87.40 86.80 Last 86.00 85.50 84.65 Number of asterisks represents the strength of...

Daniel_Thompson

Pivot 83.60 Our preference Long positions above 83.60 with targets at 85.00 & 85.50 in extension. Alternative scenario Below 83.60 look for further downside with 83.00 & 82.60 as targets. Comment The RSI shows upside momentum. Supports and resistances 86.00 85.50 85.00 84.37 Last 83.60 83.00 82.60 Number of asterisks represents the strength of...

Daniel_Thompson

Pivot 81.35 Our preference Long positions above 81.35 with targets at 82.25 & 82.65 in extension. Alternative scenario Below 81.35 look for further downside with 80.90 & 80.55 as targets. Comment The RSI advocates for further upside. Supports and resistances 83.00 82.65 82.25 81.84 Last 81.35 80.90 80.55 Number of asterisks represents the strength...

Daniel_Thompson

Pivot 2185.00 Our preference Short positions below 2185.00 with targets at 2169.00 & 2163.00 in extension. Alternative scenario Above 2185.00 look for further upside with 2200.00 & 2211.00 as targets. Comment As long as 2185.00 is resistance, look for choppy price action with a bearish bias. Supports and resistances 2211.00 2200.00 2185.00 2179.00...

Daniel_Thompson

Pivot 81.70 Our preference Long positions above 81.70 with targets at 82.60 & 83.00 in extension. Alternative scenario Below 81.70 look for further downside with 81.30 & 80.80 as targets. Comment The RSI is bullish and calls for further advance. Supports and resistances 83.40 83.00 82.60 82.17 Last 81.70 81.30 80.80 Number of asterisks represents...

Daniel_Thompson

Pivot "weakening dollars" 1.3615 Our preference Short positions below 1.3615 with targets at 1.3550 & 1.3520 in extension. Alternative scenario Above 1.3615 look for further upside with 1.3630 & 1.3650 as targets. Comment The RSI shows downside momentum. Supports and resistances 1.3650 1.3630 1.3615 1.3572 Last 1.3550 1.3520 1.3495 Number of...

Daniel_Thompson

Pivot 80.70 Our preference Long positions above 80.70 with targets at 81.50 & 81.90 in extension. Alternative scenario Below 80.70 look for further downside with 80.40 & 80.00 as targets. Comment The break above 80.70 is a positive signal that has opened a path to 81.50. Supports and resistances 82.15 81.90 81.50 81.13 Last 80.70 80.40 80.00 Number...

Daniel_Thompson

Pivot 81.15 Our preference Short positions below 81.15 with targets at 80.00 & 79.50 in extension. Alternative scenario Above 81.15 look for further upside with 81.50 & 81.90 as targets. Comment The RSI advocates for further downside. Supports and resistances 81.90 81.50 81.15 80.60 Last 80.00 79.50 79.05 Number of asterisks represents the strength...

Daniel_Thompson

Pivot 81.20 Our preference Long positions above 81.20 with targets at 82.25 & 82.60 in extension. Alternative scenario Below 81.20 look for further downside with 80.80 & 80.35 as targets. Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Supports and resistances 83.10 82.60 82.25 81.64...

Daniel_Thompson

Our pivot point is at 2.0962. Our preference As long as 2.0962 is support look for 2.1114. Alternative scenario Below 2.0962, expect 2.0905 and 2.0871. Comment The RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2.1002 and...

Daniel_Thompson

0.8535 is our pivot point. Our preference Rebound. Alternative scenario Below 0.8535, expect 0.8523 and 0.8517. Comment The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (0.8543) but below its 50 period moving...

Daniel_Thompson

Our pivot point is at 97.60. Our preference Rebound towards 98.34. Alternative scenario Below 97.60, expect 97.36 and 97.22. Comment The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands above its 20 period moving average (97.78) but below its 50 period moving average (97.86). Supports...