Pivot: 102.20
Our Preference: Bullish as long as 102.2 is support with targets at 114.7 and 118.25 in extension.
Alternative Scenario: Below 102.2 eye a drop towards 99 and 91.3 in extension.
Comment: the upward breakout of the bullish flag pattern signals the end of the pause and resumption of the preceding up trend.
Stokcs, Metals, Energy, Forex, Crypto
USDCHF Technical Analysis - Sell at 0.9955
USDCHF made a nice bull move from 0.9716 to 0.9990. Then USDCHF drops from over bought zone. USDCHF is trading below its 20 period MA on 4h ...
-
Pivot: 78.65. Our Preference: LONG positions above 78.65 with 79.05 & 79.15 in sight. Alternative scenario: The downside penetratio...
-
Pivot: 78.5 Our preference: short positions below 78.5 with targets & 78 & 77.6 in extension. Alternative scenario: Above 78.5 ...
-
Pivot: 0.96. Our Preference: SHORT positions below 0.957 with 0.952 & 0.95 in sight. Alternative scenario: The upside penetration o...