Daniel_Thompson

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...

Daniel_Thompson

Pivot 0.6590 Our preference Long positions above 0.6590 with targets at 0.6615 & 0.6630 in extension. Alternative scenario Below 0.6590 look for further downside with 0.6575 & 0.6560 as targets. Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Supports and resistances 0.6645 0.6630 0.6615 0.6607...

Daniel_Thompson

Pivot 86.00 Our preference Long positions above 86.00 with targets at 87.40 & 88.20 in extension. Alternative scenario Below 86.00 look for further downside with 85.50 & 84.65 as targets. Comment The RSI shows upside momentum. Supports and resistances 89.00 88.20 87.40 86.80 Last 86.00 85.50 84.65 Number of asterisks represents the strength of...

Daniel_Thompson

Pivot 83.60 Our preference Long positions above 83.60 with targets at 85.00 & 85.50 in extension. Alternative scenario Below 83.60 look for further downside with 83.00 & 82.60 as targets. Comment The RSI shows upside momentum. Supports and resistances 86.00 85.50 85.00 84.37 Last 83.60 83.00 82.60 Number of asterisks represents the strength of...

Daniel_Thompson

Pivot 81.35 Our preference Long positions above 81.35 with targets at 82.25 & 82.65 in extension. Alternative scenario Below 81.35 look for further downside with 80.90 & 80.55 as targets. Comment The RSI advocates for further upside. Supports and resistances 83.00 82.65 82.25 81.84 Last 81.35 80.90 80.55 Number of asterisks represents the strength...

Daniel_Thompson

Pivot 2185.00 Our preference Short positions below 2185.00 with targets at 2169.00 & 2163.00 in extension. Alternative scenario Above 2185.00 look for further upside with 2200.00 & 2211.00 as targets. Comment As long as 2185.00 is resistance, look for choppy price action with a bearish bias. Supports and resistances 2211.00 2200.00 2185.00 2179.00...

Daniel_Thompson

Pivot 81.70 Our preference Long positions above 81.70 with targets at 82.60 & 83.00 in extension. Alternative scenario Below 81.70 look for further downside with 81.30 & 80.80 as targets. Comment The RSI is bullish and calls for further advance. Supports and resistances 83.40 83.00 82.60 82.17 Last 81.70 81.30 80.80 Number of asterisks represents...

Daniel_Thompson

Pivot "weakening dollars" 1.3615 Our preference Short positions below 1.3615 with targets at 1.3550 & 1.3520 in extension. Alternative scenario Above 1.3615 look for further upside with 1.3630 & 1.3650 as targets. Comment The RSI shows downside momentum. Supports and resistances 1.3650 1.3630 1.3615 1.3572 Last 1.3550 1.3520 1.3495 Number of...

Daniel_Thompson

Pivot 80.70 Our preference Long positions above 80.70 with targets at 81.50 & 81.90 in extension. Alternative scenario Below 80.70 look for further downside with 80.40 & 80.00 as targets. Comment The break above 80.70 is a positive signal that has opened a path to 81.50. Supports and resistances 82.15 81.90 81.50 81.13 Last 80.70 80.40 80.00 Number...