Our pivot point is at 83.03. Our preference: the downside prevails as long as 83.03 is resistance. Alternative scenario: above 83.03, look for 83.24 and 83.37. 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 (respectively at 82.90...
0.8286 is our pivot point. Our preference: rebound towards 0.8345. Alternative scenario: below 0.8286, expect 0.8264 and 0.8252. 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 0.8307 and 0.8340).
Pivot: 1505.00 Our preference: long positions above 1505.00 with targets at 1610.00 & 1695.00 in extension. Alternative scenario: below 1505.00 looks for further downside with 1445.00 & 1400.00 as targets. Comment: the RSI lacks downward momentum.
above 1.0890 looks for further upside with 1.0905 & 1.0925 as targets. a break below 1.0855 would trigger a drop towards 1.0840.
Pivot: 1.0890 Our preference: short positions below 1.0890 with targets at 1.0855 & 1.0840 in extension. Alternative scenario: above 1.0890 looks for further upside with 1.0905 & 1.0925 as targets. Comment: a break below 1.0855 would trigger a drop towards 1.0840.
Pivot: 1568.00 Our preference: long positions above 1568.00 with targets at 1577.00 & 1581.50 in extension. Alternative scenario: below 1568.00 looks for further downside with 1565.00 & 1561.50 as targets. Comment: the RSI is bullish and calls for further upside.
Pivot: 1573.00 Most Likely Scenario: short positions below 1573.00 with targets at 1564.00 & 1560.00 in extension. Alternative scenario: above 1573.00 look for further upside with 1577.00 & 1580.00 as targets. Comment: the RSI advocates for further decline.