UnknownUnicorn260252
Short positions below 131.30 with targets 130.10 & 129.65 in extension. Above 131.30 look for further upside with 131.95 & 132.45 as targets. Stochastic overbought. Risk management in priority.
Long positions above 1.1195 with targets 1.1250 & 1.1270 in extension. Below 1.1195 look for further downside with 1.1165 & 1.1150 as targets. Even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Stochastic oversold. Risk management in priority.
Short positions below 1.1235 with targets 1.1180 & 1.1165 in extension. Above 1.1235 look for further upside with 1.1250 & 1.1280 as targets. As long as 1.1235 is resistance, look for choppy price action with a bearish bias. Stochastic towards overbought area. Money management in priority.
Short positions below 1.1430 with targets 1.0945 & 1.0820 in extension. Above 1.1430 look for further upside with 1.1615 & 1.1730 as targets. The pair is shaping a triangle pattern. Money management in priority.
Short positions below 0.7305 with targets 0.7260 & 0.7235 in extension. Above 0.7305 look for further upside with 0.7330 & 0.7350 as targets. The upward potential is likely to be limited by the resistance at 0.7305. Stochastic overbought area. Money management in priority.
Short positions below 101.10 with targets 100.05 & 99.60 in extension. Above 101.10 look for further upside with 101.60 & 102.05 as targets. Stochastic overbought. Money management in priority.
Long positions above 0.7265 with targets 0.7330 & 0.7350 in extension. Below 0.7265 look for further downside with 0.7245 & 0.7220 as targets. even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Money management in priority.
Short positions below 113.50 with targets 112.75 & 112.45 in extension. Above 113.50 look for further upside with 114.00 & 114.40 as targets. The upward potential is likely to be limited by the resistance at 113.50. Stochastic overbought. Money management in priority.
Short positions below 131.25 with targets 130.30 & 129.65 in extension. Above 131.25 look for further upside with 131.65 & 132.30 as targets. The upward potential is likely to be limited by the resistance at 131.25. Stochastic in overbought area. Money management in priority.
Short positions below 1.3010 with targets @ 1.2940 & 1.2910 in extension. Above 1.3010 look for further upside with 1.3045 & 1.3065 as targets. Even though a continuation of the technical rebound cannot be ruled out, its extent should be limited. Stochastic into overbought area. Money management in priority.
Long positions above pivot 112.85 with targets 113.80 & 114.00 in extension. Below 112.85 look for further downside with 112.45 & 112.05 as targets. Stochastic in oversold area. Money management in priority.
Short positions below pivot 107.50 with targets 99.00 & 96.70 in extension. Above 107.50 look for further upside with 111.50 & 114.50 as targets. A break below 99.00 would trigger a drop towards 96.70. Money management in priority.
Long positions above 1.1200 with targets @ 1.1250 & 1.1275 in extension. Below 1.1200 look for further downside with 1.1180 & 1.1155 as targets. The RSI is bullish and calls for further upside. Money management in priority.
Short positions below pivot 1.3500 with targets 1.2785 & 1.2450 in extension. Above 1.3500 look for further upside with 1.4000 & 1.5000 as targets. A break below 1.2785 would trigger a drop towards 1.2450. The pair has completed a pullback towards June 2009 low at 1.35, which now acts as a resistance. Supports and resistances : 1.5000 ** 1.4000 ** 1.3500...
Long positions above 1.1180 with targets 1.1215 & 1.1250 in extension. below 1.1180 look for further downside with 1.1150 & 1.1135 as targets. even though a continuation of the consolidation cannot be ruled out, its extent should be limited. Stochastic in oversold area. Money management in priority.
Short positions below 101.25 with targets 100.50 / 100.05 in extension. Above 101.25 look for further upside with 101.60 & 102.05 as targets. Intraday technical indicators are mixed and call for reversal caution.
Short positions above 0.8560 with targets @ 0.8630 & 0.8650 in extension. Below 0.8560 look for further downside with 0.8535 & 0.8515 as targets. The RSI lacks downward momentum. Suggest : Buy at 0.8560, Target: 0.8650, Stop: 0.8520. Money management in priority.
Short positions below 133.60 with targets 132.35 / 131.90 / 130 / 129.075 in extension. Above 133.60 look for further upside with 134.05 & 134.60 as targets. The RSI is mixed to bearish.