kepaFX

kepaFX Updated 

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 4037 and 4041). Our preference: the upside prevails as long as 3931 is support. Alternative scenario: The downside breakout of 3931 would call...

kepaFX Updated 

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 113.48 and 113.50). Our preference: Rebound towards 114.22. Daily and weekly charts are also bullish. Alternative scenario: The downside breakout of...

kepaFX Updated 

EUR/USD may fall to 1.1170 - 1.1000. A break below 1.1170 would trigger a drop towards 1.1000. Our preference: Short positions below 1.1530 with targets at 1.1170 & 1.1000 in extension. Alternative scenario: Above 1.1530 look for further upside with 1.1690 & 1.1800 as targets.

kepaFX Updated 

The next resistances are at 36150.00. Daily and weekly charts are also bullish. Our preference: Long positions above 35610.00 with targets at 35960.00 & 36150.00 in extension. Alternative scenario: Below 35610.00 look for further downside with 35490.00 & 35310.00 as targets.

kepaFX Updated 

The RSI lacks upward momentum. Our preference: short positions below 1820.00 with targets at 1755.00 & 1720.00 in extension. Alternative scenario: Above 1820.00 look for further upside with 1845.00 & 1880.00 as targets.

kepaFX

Our preference: Long positions above 16140.00 with targets at 16435.00 & 16570.00 in extension. Alternative scenario: Below 16140.00 look for further downside with 15990.00 & 15850.00 as targets.

kepaFX

Daily and weekly charts are also bullish. Our preference: Long positions above 4657.00 with targets at 4726.00 & 4747.00 in extension. Alternative scenario: Below 4657.00 look for further downside with 4635.00 & 4608.00 as targets.

kepaFX

The RSI shows downside momentum. Our preference: Short positions below 1.3550 with targets at 1.3140 & 1.3000 in extension. Alternative scenario: Above 1.3550 look for further upside with 1.3700 & 1.3840 as targets.

kepaFX

A break below 21.85 would trigger a drop towards 21.40. Our preference: Short positions below 23.20 with targets at 21.85 & 21.40 in extension. Alternative scenario: Above 23.20 look for further upside with 23.85 & 24.55 as targets.

kepaFX

Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Indeed, the 41000 support base is likely to favor a recovery. Our preference: Long positions above 41000 with targets at 59000 & 65000 in extension. Alternative scenario: Below 41000 look for further downside with 35000 & 29000 as targets.