Thursday, February 22, 2018
- TECHNICAL ANALYSIS

- TECHNICAL ANALYSIS

Gold spot Intraday: the bias remains bullish. Pivot: 1345.00 Our preference: long positions above 1345.00 with targets at 1360.50 & 1366.00 in extension. Alternative scenario: below 1345.00 look for further downside with 1336.00 & 1330.00 as targets. Comment: the RSI is mixed with...
Silver spot Intraday: bullish bias above 16.6600. Pivot: 16.6600 Our preference: long positions above 16.6600 with targets at 16.9800 & 17.1000 in extension. Alternative scenario: below 16.6600 look for further downside with 16.5500 & 16.4500 as targets. Comment: the RSI is mixed to...
Crude Oil‏ (WTI)‏ (H18) Intraday: choppy. Pivot: 59.73 Our preference: long positions above 59.73 with targets at 62.05 & 63.25 in extension. Alternative scenario: below 59.73 look for further downside with 58.90 & 58.20 as targets. Comment: the RSI is supported by a...
USD/CHF Intraday: the downside prevails. Pivot: 0.9270 Our preference: short positions below 0.9270 with targets at 0.9200 & 0.9160 in extension. Alternative scenario: above 0.9270 look for further upside with 0.9310 & 0.9365 as targets. Comment: the RSI shows downside momentum. Supports and resistances: 0.9365 0.9310 0.9270 0.9229...
GBP/USD Intraday: further upside. Pivot: 1.4020 Our preference: long positions above 1.4020 with targets at 1.4150 & 1.4200 in extension. Alternative scenario: below 1.4020 look for further downside with 1.3980 & 1.3920 as targets. Comment: the RSI is supported by a bullish trend...
USD/JPY Intraday: capped by a negative trend line. Pivot: 106.85 Our preference: short positions below 106.85 with targets at 105.85 & 105.20 in extension. Alternative scenario: above 106.85 look for further upside with 107.20 & 107.90 as targets. Comment: the RSI shows downside...
EUR/USD Intraday: further advance. Pivot: 1.2440 Our preference: long positions above 1.2440 with targets at 1.2535 & 1.2590 in extension. Alternative scenario: below 1.2440 look for further downside with 1.2400 & 1.2360 as targets. Comment: the RSI shows upside momentum. Supports and resistances: 1.2635 1.2590 1.2535 1.2500 Last 1.2440 1.2400 1.2360
S&P 500 ST: further advance. Pivot: 2650.00 Our preference: long positions above 2650.00 with targets at 2810.00 & 2872.00 in extension. Alternative scenario: below 2650.00 look for further downside with 2600.00 & 2540.00 as targets. Comment: the RSI is bullish and calls for...
Nasdaq 100 ST: rebound. Pivot: 6530.00 Our preference: long positions above 6530.00 with targets at 6885.00 & 7030.00 in extension. Alternative scenario: below 6530.00 look for further downside with 6227.00 & 6085.00 as targets. Comment: the RSI is bullish and calls for further...
Dow Jones Intraday: further advance. Pivot: 24715 Our preference: long positions above 24715 with targets at 25295 & 25550 in extension. Alternative scenario: below 24715 look for further downside with 24420 & 24190 as targets. Comment: the RSI is bullish and calls for...
Gold spot Intraday: the upside prevails. Pivot: 1336.00 Our preference: long positions above 1336.00 with targets at 1360.50 & 1366.00 in extension. Alternative scenario: below 1336.00 look for further downside with 1330.00 & 1323.00 as targets. Comment: the RSI advocates for further upside. Supports...
Crude Oil‏ (WTI)‏ (H18) Intraday: the upside prevails. Pivot: 59.25 Our preference: long positions above 59.25 with targets at 62.05 & 62.60 in extension. Alternative scenario: below 59.25 look for further downside with 58.60 & 58.05 as targets. Comment: the RSI shows upside...
USD/CHF Intraday: the downside prevails. Pivot: 0.9325 Our preference: short positions below 0.9325 with targets at 0.9265 & 0.9235 in extension. Alternative scenario: above 0.9325 look for further upside with 0.9365 & 0.9400 as targets. Comment: the RSI lacks upward momentum. Supports and resistances: 0.9400 0.9365 0.9325 0.9288...
USD/JPY Intraday: under pressure. Pivot: 107.50 Our preference: short positions below 107.50 with targets at 106.15 & 105.70 in extension. Alternative scenario: above 107.50 look for further upside with 107.90 & 108.50 as targets. Comment: the RSI is capped by a bearish trend...
GBP/USD Intraday: further upside. Pivot: 1.3920 Our preference: long positions above 1.3920 with targets at 1.4050 & 1.4105 in extension. Alternative scenario: below 1.3920 look for further downside with 1.3875 & 1.3830 as targets. Comment: the break above 1.3920 is a positive signal...
EUR/USD Intraday: further advance. Pivot: 1.2400 Our preference: long positions above 1.2400 with targets at 1.2500 & 1.2535 in extension. Alternative scenario: below 1.2400 look for further downside with 1.2360 & 1.2320 as targets. Comment: the break above 1.2400 is a positive signal...
Nasdaq 100 ST: key resistance at 6705.00. Pivot: 6705.00 Our preference: short positions below 6705.00 with targets at 6429.00 & 6227.00 in extension. Alternative scenario: above 6705.00 look for further upside with 6830.00 & 7030.00 as targets. Comment: the RSI broke below a...
Nikkei 225‏ (OSE)‏ (H18) Intraday: rebound expected. Pivot: 20940.00 Our preference: long positions above 20940.00 with targets at 21675.00 & 21855.00 in extension. Alternative scenario: below 20940.00 look for further downside with 20775.00 & 20540.00 as targets. Comment: the RSI is supported by...
S&P 500 ST: key resistance at 2728.00. Pivot: 2728.00 Our preference: short positions below 2728.00 with targets at 2600.00 & 2540.00 in extension. Alternative scenario: above 2728.00 look for further upside with 2810.00 & 2872.00 as targets. Comment: the RSI shows downside momentum....
Dow Jones Intraday: further advance. Pivot: 24420 Our preference: long positions above 24420 with targets at 25295 & 25550 in extension. Alternative scenario: below 24420 look for further downside with 24190 & 23760 as targets. Comment: the RSI is bullish and calls for...