Daniel_Thompson

Daniel_Thompson

Pivot 1.0805 Our preference Long positions above 1.0805 with targets at 1.0845 & 1.0860 in extension. Alternative scenario Below 1.0805 look for further downside with 1.0785 & 1.0770 as targets. Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Supports and resistances 1.0885 1.0860 1.0845 1.0816...

Daniel_Thompson

Our pivot point stands at 0.8493. Our preference Rebound. Alternative scenario The downside breakout of 0.8493 would call for 0.8480 and 0.8473. Comment The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average...

Daniel_Thompson

Pivot 79.35 Our preference Long positions above 79.35 with targets at 80.90 & 81.35 in extension. Alternative scenario Below 79.35 look for further downside with 78.95 & 78.50 as targets. Comment The RSI advocates for further upside. Supports and resistances 81.90 81.35 80.90 80.23 Last 79.35 78.95 78.50 Number of asterisks represents the strength...

Daniel_Thompson

Pivot 77.50 Our preference Long positions above 77.50 with targets at 78.30 & 78.70 in extension. Alternative scenario Below 77.50 look for further downside with 77.15 & 76.60 as targets. Comment The RSI is bullish and calls for further advance. Supports and resistances 79.00 78.70 78.30 78.02 Last 77.50 77.15 76.60 Number of asterisks represents...

Daniel_Thompson

Pivot 18800.00 Our preference Short positions below 18800.00 with targets at 18630.00 & 18540.00 in extension. Alternative scenario Above 18800.00 look for further upside with 18920.00 & 19020.00 as targets. Comment The RSI is mixed. Supports and resistances 19020.00 18920.00 18800.00 18737.50 Last 18630.00 18540.00 18440.00 Number of asterisks...

Daniel_Thompson

Iranian President Ebrahim Raisi has been killed in a helicopter crash in a mountainous area of the country. Rescuers on Monday found the helicopter that had been carrying the president and other officials including Foreign Minister Hossein Amirabdollahian, who also died, the semi-official Mehr news agency reported. It crashed on Sunday near Tavil village in...

Daniel_Thompson

Our pivot point is at 0.8568. Our preference Our next up target stands at 0.8600. Alternative scenario Below 0.8568, expect 0.8556 and 0.8549. Comment The RSI is above its neutrality area at 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 is trading above both its 20...

Daniel_Thompson

Pivot 78.75 Our preference Long positions above 78.75 with targets at 79.95 & 80.40 in extension. Alternative scenario Below 78.75 look for further downside with 78.30 & 77.80 as targets. Comment The next resistances are at 79.95 and then at 80.40. Supports and resistances 80.95 80.40 79.95 79.30 Last 78.75 78.30 77.80 Number of asterisks...

Daniel_Thompson

Pivot 79.25 Our preference Long positions above 79.25 with targets at 80.45 & 80.80 in extension. Alternative scenario Below 79.25 look for further downside with 78.70 & 78.25 as targets. Comment The RSI is bullish and calls for further advance. Supports and resistances 81.30 80.80 80.45 79.90 Last 79.25 78.70 78.25 Number of asterisks represents...

Daniel_Thompson

Pivot 78.60 Our preference Long positions above 78.60 with targets at 79.65 & 80.45 in extension. Alternative scenario Below 78.60 look for further downside with 78.15 & 77.70 as targets. Comment The RSI is bullish and calls for further upside. Supports and resistances 81.30 80.45 79.65 79.35 Last 78.60 78.15 77.70 Number of asterisks represents...

Daniel_Thompson

Weekly chart is also bullish. Pivot 0.8515 Our preference Long positions above 0.8515 with targets at 0.8644 & 0.8690 in extension. Alternative scenario Below 0.8515 look for further downside with 0.8460 & 0.8410 as targets. Comment The RSI calls for a new upleg. Supports and resistances 0.8725 0.8690 0.8644 0.8605 Last 0.8515 0.8460 0.8410 Number...

Daniel_Thompson

Daily and weekly charts are also bullish. Pivot 18125.00 Our preference Long positions above 18125.00 with targets at 18350.00 & 18475.00 in extension. Alternative scenario Below 18125.00 look for further downside with 18050.00 & 17960.00 as targets. Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be...

Daniel_Thompson

Pivot 2390.00 Our preference Short positions below 2390.00 with targets at 2230.00 & 2150.00 in extension. Alternative scenario Above 2390.00 look for further upside with 2450.00 & 2510.00 as targets. Comment The RSI advocates for further decline. Supports and resistances 2510.00 ** 2450.00 *** 2390.00 *** 2287.00 Last 2230.00 *** 2150.00...

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...