Our pivot point is at 1.6862. Our preference: as long as 1.6862 is support look for 1.7039. Alternative scenario: below 1.6862, expect 1.6813 and 1.6783. Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 1.6922...
Our pivot point is at 0.8598. Our preference: as long as 0.8598 is support look for 0.8664. Alternative scenario: the downside breakout of 0.8598 would call for 0.8573 and 0.8559. Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is above its 20 and 50 MAs...
Our pivot point stands at 70.26. Our preference: the upside prevails as long as 70.26 is support. Alternative scenario: below 70.26, expect 69.91 and 69.70. Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is above its 20 and 50 MAs (respectively at 70.28 and 70.46). Our key levels:
Pivot: 1579.00 Our preference: long positions above 1579.00 with targets at 1618.00 & 1629.00 in extension. Alternative scenario: below 1579.00 look for further downside with 1563.00 & 1552.00 as targets. Comment: the RSI is mixed with a bullish bias.
71.51 is our pivot point. Our preference: the downside prevails as long as 71.51 is resistance. Alternative scenario: the upside breakout of 71.51, would call for 71.80 and 71.98. Comment: the RSI is trading below 30. This could mean that either the pair is in a lasting downtrend or just oversold and that therefore a rebound could shape (look for bullish...
Pivot: 1649.50 Our preference: short positions below 1649.50 with targets at 1634.50 & 1625.00 in extension. Alternative scenario: above 1649.50 look for further upside with 1660.00 & 1671.00 as targets. Comment: the RSI is mixed to bearish.
Our pivot point is at 0.8511. Our preference: as long as 0.8511 is support look for 0.8579. Alternative scenario: below 0.8511, expect 0.8487 and 0.8472. Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 0.8529...
Our pivot point stands at 1.6564. Our preference: the upside prevails as long as 1.6564 is support. Alternative scenario: the downside breakout of 1.6564 would call for 1.6515 and 1.6486. Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs...
Our pivot point is at 69.75. Our preference: the downside prevails as long as 69.75 is resistance. Alternative scenario: the upside breakout of 69.75, would call for 70.04 and 70.21. Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and...
Our pivot point is at 72.01. Our preference: rebound towards 72.84. Alternative scenario: below 72.01, expect 71.72 and 71.54. Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair is trading above its 20 MA (72.29) but under its 50 MA (72.47).
Our pivot point stands at 0.8417. Our preference: as long as 0.8417 is support look for 0.8484. Alternative scenario: below 0.8417, expect 0.8393 and 0.8379. Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is above its 20 and 50 MAs (respectively at 0.8437 and 0.8414).
Pivot: 1636.00 Our preference: long positions above 1636.00 with targets at 1664.00 & 1671.00 in extension. Alternative scenario: below 1636.00 look for further downside with 1625.00 & 1613.00 as targets. Comment: the RSI is mixed with a bullish bias.
Our pivot point is at 1.6446. Our preference: the upside prevails as long as 1.6446 is support. Alternative scenario: the downside breakout of 1.6446 would call for 1.6398 and 1.6369. Comment: the RSI is above 70. It could mean either that the pair is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case)....