Our pivot point stands at 69.33. Our preference: rebound towards 70.15. Alternative scenario: below 69.33, expect 69.03 and 68.86. Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 69.72 and 70.01).
Our pivot point stands at 0.8342. Our preference: rebound. Alternative scenario: the downside breakout of 0.8342 would call for 0.8319 and 0.8304. Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the pair stands above its 20 MA...
Our pivot point stands at 73.19. Our preference: technical rebound towards 73.19 before a new drop. Alternative scenario: the upside breakout of 73.19, would call for 73.49 and 73.67. Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair stands above its 20 MA (72.74)...
Pivot: 1653.00 Our preference short positions below 1653.00 with targets at 1632.00 & 1625.00 in extension. Alternative scenario: above 1653.00 look for further upside with 1663.00 & 1672.00 as targets. Comment: as long as 1653.00 is resistance, look for choppy price action with a bearish bias.
Our pivot point is at 1.6386. Our preference: the upside prevails as long as 1.6386 supports. Alternative scenario: the downside breakout of 1.6386 would call for 1.6338 and 1.6310. Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at...
Our pivot point stands at 69.95. Our preference: rebound towards 70.71. Alternative scenario: the downside breakout of 69.95 would call for 69.68 and 69.52. Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 70.25 and 70.40).
Pivot: 1663.00 Our preference: short positions below 1663.00 with targets at 1646.00 & 1638.00 in extension. Alternative scenario: above 1663.00 look for further upside with 1672.00 & 1681.00 as targets. Comment: technically the RSI is below its neutrality area at 50.
Our pivot point is at 0.8374. Our preference: as long as 0.8374 is support look for 0.8438. Alternative scenario: the downside breakout of 0.8374 would call for 0.8351 and 0.8337. 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 below its 20 MA (0.8395) but above its...
Our pivot point stands at 73.10. Our preference: the upside prevails as long as 73.10 is supported. Alternative scenario: below 73.10, expect 72.81 and 72.64. Comment: the RSI is above its neutrality area at 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 73.23 and 73.34).
Our pivot point is at 1.0430. Our preference: rebound towards 1.0480. Alternative scenario: below 1.0430, expect 1.0410 and 1.0400. Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the pair stands below its 20 and 50 MAs (respectively at 1.0447 and 1.0451).
Our pivot point stands at 70.71. Our preference: as long as 70.71 is support look for 71.47. Alternative scenario: the downside breakout of 70.71 would call for 70.44 and 70.27. 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 below its 20 MA (70.98) but above its 50...
Our pivot point stands at 0.8389. Our preference: the downside prevails as long as 0.8389 is resistance. Alternative scenario: the upside breakout of 0.8389, would call for 0.8413 and 0.8427. 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 stands below its 20 and...
74.22 is our pivot point. Our preference: the downside prevails as long as 74.22 is resistance. Alternative scenario: the upside breakout of 74.22, would call for 74.51 and 74.68. Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs...
Pivot: 1618.50 Our preference: long positions above 1618.50 with targets at 1635.00 & 1640.00 in extension. Alternative scenario: below 1618.50 look for further downside with 1613.00 & 1608.00 as targets. Comment: the RSI advocates for further advance.
Our pivot point is at 1.0480. Our preference: the downside prevails as long as 1.0480 is resistance. Alternative scenario: above 1.0480, look for 1.0490 and 1.0500. Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair stands below its 20 and 50 MAs (respectively at 1.0462 and 1.0466).
Our pivot point is at 70.77. Our preference: the upside prevails as long as 70.77 is supported. Alternative scenario: the downside breakout of 70.77 would call for 70.49 and 70.33. 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)....
0.8345 is our pivot point. Our preference: as long as 0.8345 is support look for 0.8412. Alternative scenario: below 0.8345, expect 0.8321 and 0.8307. 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 (respectively at 0.8361 and 0.8335).
Our pivot point stands at 74.14. Our preference: the downside prevails as long as 74.14 is resistance. Alternative scenario: the upside breakout of 74.14, would call for 74.42 and 74.60. Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs...