21/03/2014


Dax

3/21/2014 8:08 AM

Pivot: 8915

Our preference: Long positions above 8915 with targets @ 9800 & 10000 in extension.

Alternative scenario: Below 8915 look for further downside with 8500 & 8100 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:
10500 **
10000 *
9800 ***
9296 Last
8915 ***
8500 **
8100 **

S&P 500

3/21/2014 7:52 AM

Pivot: 1844

Our preference: LONG positions above 1844 with 1875 & 1880 in sight.

Alternative scenario: The downside breakout of 1844 will open the way to 1834 & 1827.

Comment: the RSI is bullish and calls for further advance.

Trend: ST Ltd Upside; MT Bullish

Key levels Comment

1885* Intraday resistance
1880* Intraday resistance
1875* Intraday resistance
1869 Last
1844** Intraday pivot point
1834** Intraday support
1827** Intraday support

NZD/USD

3/21/2014 7:14 AM

Pivot: 0.857

Our preference: Short positions below 0.857 with targets @ 0.848 & 0.843 in extension.

Alternative scenario: Above 0.857 look for further upside with 0.8595 & 0.864 as targets.

Comment: as long as 0.857 is resistance, expect a return to 0.848.

Supports and resistances:
0.864
0.8595
0.857
0.8538 Last
0.848
0.843
0.8345 

Crude Oil (NYMEX)

3/21/2014 7:13 AM

Pivot: 99.45

Our preference: Short positions below 99.45 with targets @ 97.85 & 97.15 in extension.

Alternative scenario: Above 99.45 look for further upside with 100.3 & 101 as targets.

Comment: the upward potential is likely to be limited by the resistance at 99.45.

Supports and resistances:
101
100.3
99.45
98.3 Last
97.85
97.15
96.15 

USD/CAD

3/21/2014 7:11 AM

Pivot: 1.122

Our preference: Long positions above 1.122 with targets @ 1.131 & 1.136 in extension.

Alternative scenario: Below 1.122 look for further downside with 1.1145 & 1.111 as targets.

Comment: a support base at 1.122 has formed and has allowed for a temporary stabilisation.

Supports and resistances:
1.139
1.136
1.131
1.1247 Last
1.122
1.1145
1.111 

AUD/USD

3/21/2014 7:10 AM

Pivot: 0.9095

Our preference: Short positions below 0.9095 with targets @ 0.899 & 0.8965 in extension.

Alternative scenario: Above 0.9095 look for further upside with 0.914 & 0.9205 as targets.

Comment: the upward potential is likely to be limited by the resistance at 0.9095.

Supports and resistances:
0.9205
0.914
0.9095
0.9065 Last
0.899
0.8965
0.892 

USD/CHF

3/21/2014 7:06 AM

Pivot: 0.8795

Our preference: Long positions above 0.8795 with targets @ 0.889 & 0.8915 in extension.

Alternative scenario: Below 0.8795 look for further downside with 0.877 & 0.8755 as targets.

Comment: the break above 0.8795 is a positive signal that has opened a path to 0.889.

Supports and resistances:
0.893
0.8915
0.889
0.8833 Last
0.8795
0.877
0.8755 

GBP/USD

3/21/2014 7:05 AM

Pivot: 1.656

Our preference: Short positions below 1.656 with targets @ 1.6475 & 1.643 in extension.

Alternative scenario: Above 1.656 look for further upside with 1.6605 & 1.665 as targets.

Comment: as long as 1.656 is resistance, likely decline to 1.6475.

Supports and resistances:
1.665
1.6605
1.656
1.6511 Last
1.6475
1.643
1.638 

USD/JPY

3/21/2014 7:03 AM

Pivot: 101.75

Our preference: Long positions above 101.75 with targets @ 102.85 & 103.15 in extension.

Alternative scenario: Below 101.75 look for further downside with 101.2 & 100.65 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited. The pair is drawing a Bullish Flag pattern calling for further upside.

Supports and resistances:
103.4
103.15
102.85
102.365 Last
101.75
101.2
100.65 

EUR/USD

3/21/2014 7:01 AM

Pivot: 1.3845

Our preference: Short positions below 1.3845 with targets @ 1.3745 & 1.3705 in extension.

Alternative scenario: Above 1.3845 look for further upside with 1.388 & 1.39 as targets.

Comment: the RSI lacks upward momentum. The intraday process of lower lows and lower tops is still in place. As a consequence, the intraday trend remains bearish.

Supports and resistances:
1.39
1.388
1.3845
1.3784 Last
1.3745
1.3705
1.369 

Gold spot

3/21/2014 7:00 AM

Pivot: 1337

Our preference: Short positions below 1337 with targets @ 1319 & 1312 in extension.

Alternative scenario: Above 1337 look for further upside with 1347 & 1355 as targets.

Comment: as long as 1337 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:
1355
1347
1337
1333 Last
1319
1312
1308 

20/03/2014

Dax

3/20/2014 8:01 AM

Pivot: 9040

Our preference: Long positions above 9040 with targets @ 9325 & 9400 in extension.

Alternative scenario: Below 9040 look for further downside with 8910 & 8775 as targets.

Comment: the RSI is mixed and calls for caution.

Supports and resistances:
9545 ***
9400 **
9325 **
9187 Last
9040 ***
8910 **
8775 **

EUR/USD

3/20/2014 7:35 AM

Pivot: 1.39

Our preference: Short positions below 1.39 with targets @ 1.378 & 1.374 in extension.

Alternative scenario: Above 1.39 look for further upside with 1.3935 & 1.3965 as targets.

Comment: the break below the support at 1.39 triggered a downward acceleration to 1.374. The RSI is capped by a declining trend line.

Supports and resistances:
1.3965
1.3935
1.39
1.3839 Last
1.378
1.374
1.3705 

NZD/USD

3/20/2014 7:27 AM

Pivot: 0.8595

Our preference: Short positions below 0.8595 with targets @ 0.848 & 0.843 in extension.

Alternative scenario: Above 0.8595 look for further upside with 0.864 & 0.8675 as targets.

Comment: the RSI is below its neutrality area at 50%

Supports and resistances:
0.8675
0.864
0.8595
0.8529 Last
0.848
0.843
0.8345 

USD/CAD

3/20/2014 7:25 AM

Pivot: 1.1145

Our preference: Long positions above 1.1145 with targets @ 1.1275 & 1.13 in extension.

Alternative scenario: Below 1.1145 look for further downside with 1.111 & 1.1085 as targets.

Comment: the RSI is bullish and calls for further upside. The ascending 50-period moving average maintains a bullish bias.

Supports and resistances:
1.135
1.13
1.1275
1.1244 Last
1.1145
1.111
1.1085 

AUD/USD

3/20/2014 7:18 AM

Pivot: 0.9095

Our preference: Short positions below 0.9095 with targets @ 0.899 & 0.8965 in extension.

Alternative scenario: Above 0.9095 look for further upside with 0.914 & 0.9205 as targets.

Comment: intraday technical indicators are mixed and call for caution.

Supports and resistances:
0.9205
0.914
0.9095
0.9022 Last
0.899
0.8965
0.892 

USD/CHF

3/20/2014 7:16 AM

Pivot: 0.8755

Our preference: Long positions above 0.8755 with targets @ 0.8855 & 0.887 in extension.

Alternative scenario: Below 0.8755 look for further downside with 0.872 & 0.8695 as targets.

Comment: the RSI is bullish and calls for further advance. The pair has broken above a bearish channel resistance.

Supports and resistances:
0.889
0.887
0.8855
0.8809 Last
0.8755
0.872
0.8695 

GBP/USD

3/20/2014 7:14 AM

Pivot: 1.6605

Our preference: Short positions below 1.6605 with targets @ 1.6485 & 1.643 in extension.

Alternative scenario: Above 1.6605 look for further upside with 1.665 & 1.6715 as targets.

Comment: the RSI is bearish and calls for further decline.

Supports and resistances:
1.6715
1.665
1.6605
1.6543 Last
1.6485
1.643
1.638 

Crude Oil (NYMEX)

3/20/2014 7:13 AM

Pivot: 99.1

Our preference: Long positions above 99.1 with targets @ 101.55 & 102.9 in extension.

Alternative scenario: Below 99.1 look for further downside with 97.55 & 96.8 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:
103.4
102.9
101.55
100.8 Last
99.1
97.55
96.8 

USD/JPY

3/20/2014 7:12 AM

Pivot: 101.75

Our preference: Long @ 102.3 with targets @ 102.85 & 103.15 in extension.

Alternative scenario: Below 101.75 look for further downside with 101.2 & 100.65 as targets.

Comment: the break above the resistance at 101.75 triggered an upward acceleration to 102.85.

Supports and resistances:
103.4
103.15
102.85
102.2905 Last
101.75
101.2
100.65 

Gold spot

3/20/2014 7:10 AM

Pivot: 1350

Our preference: Short positions below 1350 with targets @ 1319 & 1312 in extension.

Alternative scenario: Above 1350 look for further upside with 1364 & 1375 as targets.

Comment: as long as 1350 is resistance, likely decline to 1319.

Supports and resistances:
1375
1364
1350
1332.7 Last
1319
1312
1308 

S&P 500

3/20/2014 7:10 AM

Pivot: 1868

Our preference: SHORT positions below 1868 with targets @ 1834 & 1827.

Alternative scenario: The upside penetration of 1868 will call for 1875 & 1880.

Comment: the RSI is bearish and calls for further decline.

Trend: ST Ltd Upside; MT Bullish

Key levels Comment

1880* Intraday resistance
1875* Intraday resistance
1868* Intraday pivot point
1848 Last
1834** Intraday support
1827** Intraday support
1822** Intraday support

19/03/2014

NZD/USD

3/19/2014 9:04 AM

Pivot: 0.8585

Our preference: Long positions above 0.8585 with targets @ 0.865 & 0.8675 in extension.

Alternative scenario: Below 0.8585 look for further downside with 0.8535 & 0.8515 as targets.

Comment: the break above 0.8585 is a positive signal that has opened a path to 0.865.

Supports and resistances:
0.87
0.8675
0.865
0.8606 Last
0.8585
0.8535
0.8515 

USD/CAD

3/19/2014 9:03 AM

Pivot: 1.106

Our preference: Long positions above 1.106 with targets @ 1.1155 & 1.119 in extension.

Alternative scenario: Below 1.106 look for further downside with 1.102 & 1.1005 as targets.

Comment: the break above the resistance at 1.106 triggered an upward acceleration to 1.1155.

Supports and resistances:
1.1225
1.119
1.1155
1.1133 Last
1.106
1.102
1.1005 

USD/CHF

3/19/2014 9:02 AM

Pivot: 0.872

Our preference: Long positions above 0.872 with targets @ 0.877 & 0.8785 in extension.

Alternative scenario: Below 0.872 look for further downside with 0.8695 & 0.866 as targets.

Comment: the RSI is mixed with a bullish bias. The pair is supported by an intraday rising trend line but remains in a bearish channel.

Supports and resistances:
0.8805
0.8785
0.877
0.8737 Last
0.872
0.8695
0.866 

GBP/USD

3/19/2014 9:01 AM

Pivot: 1.654

Our preference: Long positions above 1.654 with targets @ 1.663 & 1.6665 in extension.

Alternative scenario: Below 1.654 look for further downside with 1.6485 & 1.643 as targets.

Comment: the RSI is well directed. The pair is drawing a rebound from the lower boundary of a declining channel.

Supports and resistances:
1.6715
1.6665
1.663
1.6598 Last
1.654
1.6485
1.643 

USD/JPY

3/19/2014 9:01 AM

Pivot: 101.9

Our preference: Short positions below 101.9 with targets @ 101.15 & 100.65 in extension.

Alternative scenario: Above 101.9 look for further upside with 102.4 & 102.8 as targets.

Comment: as long as the resistance at 101.9 is not surpassed, the risk of the break below 101.15 remains high.

Supports and resistances:
102.8
102.4
101.9
101.545 Last
101.15
100.65
100.25 

EUR/USD

3/19/2014 9:01 AM

Pivot: 1.388

Our preference: Long positions above 1.388 with targets @ 1.397 & 1.401 in extension.

Alternative scenario: Below 1.388 look for further downside with 1.384 & 1.3795 as targets.

Comment: the RSI lacks downward momentum. The pair is drawing a flat consolidation above the 1.388 support while the short-term trend remains on the upside.

Supports and resistances:
1.406
1.401
1.397
1.3924 Last
1.388
1.384
1.3795 

AUD/USD

3/19/2014 9:00 AM

Pivot: 0.906

Our preference: Long positions above 0.906 with targets @ 0.916 & 0.9205 in extension.

Alternative scenario: Below 0.906 look for further downside with 0.901 & 0.899 as targets.

Comment: the next resistances are at 0.916 and then at 0.9205.

Supports and resistances:
0.9245
0.9205
0.916
0.9114 Last
0.906
0.901
0.899 

Dax

3/19/2014 8:04 AM

Pivot: 9040

Our preference: Long positions above 9040 with targets @ 9325 & 9400 in extension.

Alternative scenario: Below 9040 look for further downside with 8910 & 8775 as targets.

Comment: the immediate trend remains up but the momentum is weak.

Supports and resistances:
9545 ***
9400 **
9325 **
9245 Last
9040 ***
8910 **
8775 **

S&P 500

3/19/2014 7:25 AM

Pivot: 1846

Our preference: LONG positions above 1846 with 1868 & 1875 as next targets.

Alternative scenario: The downside penetration of 1846 will call for 1834 & 1825.

Comment: the RSI is above its neutrality area at 50%.

Trend: ST Ltd Upside; MT Bullish

Key levels Comment

1880* Intraday resistance
1875* Intraday resistance
1868* Intraday resistance
1864 Last
1846** Intraday pivot point
1834** Intraday support
1825** Intraday support

Crude Oil (NYMEX)

3/19/2014 7:18 AM

Pivot: 97.55

Our preference: Long positions above 97.55 with targets @ 100.4 & 101.55 in extension.

Alternative scenario: Below 97.55 look for further downside with 96.8 & 95.5 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:
102.9
101.55
100.4
99.41 Last
97.55
96.8
95.5 

Gold spot

3/19/2014 7:10 AM

Pivot: 1370

Our preference: Short positions below 1370 with targets @ 1345 & 1328 in extension.

Alternative scenario: Above 1370 look for further upside with 1382 & 1390 as targets.

Comment: as long as 1370 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:
1390
1382
1370
1354 Last
1345
1328
1308 

18/03/2014

Dax

3/18/2014 8:06 AM

Pivot: 8915

Our preference: Long positions above 8915 with targets @ 9800 & 10000 in extension.

Alternative scenario: Below 8915 look for further downside with 8500 & 8100 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:
10500 **
10000 *
9800 ***
9180 Last
8915 ***
8500 **
8100 **

NZD/USD

3/18/2014 7:41 AM

Pivot: 0.8515

Our preference: Long positions above 0.8515 with targets @ 0.8605 & 0.865 in extension.

Alternative scenario: Below 0.8515 look for further downside with 0.849 & 0.843 as targets.

Comment: a support base at 0.8515 has formed and has allowed for a temporary stabilisation.

Supports and resistances:
0.8675
0.865
0.8605
0.8557 Last
0.8515
0.849
0.843 

GBP/USD

3/18/2014 7:32 AM

Pivot: 1.659

Our preference: Long positions above 1.659 with targets @ 1.6685 & 1.6715 in extension.

Alternative scenario: Below 1.659 look for further downside with 1.6565 & 1.653 as targets.

Comment: the RSI is supported by a bullish trend line.

Supports and resistances:
1.674
1.6715
1.6685
1.6639 Last
1.659
1.6565
1.653 

AUD/USD

3/18/2014 7:14 AM

Pivot: 0.905

Our preference: Long positions above 0.905 with targets @ 0.91 & 0.913 in extension.

Alternative scenario: Below 0.905 look for further downside with 0.901 & 0.899 as targets.

Comment: the RSI lacks downward momentum. The former 0.905 resistance is now acting as a support (polarity principle) and maintains an intraday bullish bias.

Supports and resistances:
0.916
0.913
0.91
0.9075 Last
0.905
0.901
0.899 

S&P 500

3/18/2014 7:11 AM

Pivot: 1860

Our preference: SHORT positions below 1860 with targets @ 1825 & 1816.

Alternative scenario: The upside penetration of 1860 will call for a rebound towards 1868 & 1880.

Comment: the RSI is below its neutrality area at 50%

Trend: ST Ltd Upside; MT Bullish

Key levels Comment

1880* Intraday resistance
1868* Intraday resistance
1860* Intraday pivot point
1850 Last
1825** Intraday support
1816** Intraday support
1810** Intraday support

USD/CAD

3/18/2014 7:11 AM

Pivot: 1.1035

Our preference: Long positions above 1.1035 with targets @ 1.1105 & 1.112 in extension.

Alternative scenario: Below 1.1035 look for further downside with 1.1005 & 1.0975 as targets.

Comment: a support base at 1.1035 has formed and has allowed for a temporary stabilisation.

Supports and resistances:
1.1155
1.112
1.1105
1.1057 Last
1.1035
1.1005
1.0975 

USD/CHF

3/18/2014 7:09 AM

Pivot: 0.8755

Our preference: Short positions below 0.8755 with targets @ 0.8695 & 0.866 in extension.

Alternative scenario: Above 0.8755 look for further upside with 0.8785 & 0.8805 as targets.

Comment: as long as 0.8755 is resistance, likely decline to 0.8695. The pair is trading in a bearish channel and is drawing a Symmetrical Triangle calling for further downside.

Supports and resistances:
0.8805
0.8785
0.8755
0.8729 Last
0.8695
0.866
0.864 

USD/JPY

3/18/2014 7:04 AM

Pivot: 102.05

Our preference: Short positions below 102.05 with targets @ 101.15 & 100.65 in extension.

Alternative scenario: Above 102.05 look for further upside with 102.4 & 102.8 as targets.

Comment: the RSI has just broken below a rising trend line.

Supports and resistances:
102.8
102.4
102.05
101.755 Last
101.15
100.65
100.25 

EUR/USD

3/18/2014 7:01 AM

Pivot: 1.388

Our preference: Long positions above 1.388 with targets @ 1.397 & 1.401 in extension.

Alternative scenario: Below 1.388 look for further downside with 1.384 & 1.3795 as targets.

Comment: technically, the RSI is above its neutrality area at 50. The upside breakout of 1.397 is expected to trigger a bullish acceleration towards 1.401.

Supports and resistances:
1.406
1.401
1.397
1.3929 Last
1.388
1.384
1.3795 

Gold spot

3/18/2014 6:36 AM

Pivot: 1382

Our preference: Short positions below 1382 with targets @ 1355 & 1345 in extension.

Alternative scenario: Above 1382 look for further upside with 1390 & 1400 as targets.

Comment: the RSI is capped by a declining trend line.

Supports and resistances:
1400
1390
1382
1360.2 Last
1355
1345
1328 

Crude Oil (NYMEX)

3/18/2014 4:26 AM

Pivot: 99.55

Our preference: Short positions below 99.55 with targets @ 96.8 & 95.5 in extension.

Alternative scenario: Above 99.55 look for further upside with 100.4 & 101.55 as targets.

Comment: as long as 99.55 is resistance, likely decline to 96.8.

Supports and resistances:
101.55
100.4
99.55
98 Last
96.8
95.5
94.8 

17/03/2014

EUR/USD

3/17/2014 9:06 AM

Pivot: 1.387

Our preference: Long @ 1.388 with targets @ 1.3935 & 1.397 in extension.

Alternative scenario: Below 1.387 look for further downside with 1.384 & 1.3795 as targets.

Comment: The pair stands above its support and should post a rebound.

Supports and resistances:
1.401
1.397
1.3935
1.3887 Last
1.387
1.384
1.3795 

AUD/USD

3/17/2014 9:05 AM

Pivot: 0.901

Our preference: Long positions above 0.901 with targets @ 0.91 & 0.913 in extension.

Alternative scenario: Below 0.901 look for further downside with 0.8975 & 0.8925 as targets.

Comment: the RSI broke above a bearish trend line.

Supports and resistances:
0.916
0.913
0.91
0.907 Last
0.901
0.8975
0.8925 

Dax

3/17/2014 8:31 AM

Pivot: 8915

Our preference: Long positions above 8915 with targets @ 9800 & 10000 in extension.

Alternative scenario: Below 8915 look for further downside with 8500 & 8100 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:
10500 **
10000 *
9800 ***
9056 Last
8915 ***
8500 **
8100 **

S&P 500

3/17/2014 8:00 AM

Pivot: 1809

Our preference: Long positions above 1809 with targets @ 1907 & 1927 in extension.

Alternative scenario: Below 1809 look for further downside with 1765 & 1732 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:
1955 **
1927 **
1907 **
1835 Last
1809 **
1765 **
1732 **

Crude Oil (NYMEX)

3/17/2014 7:11 AM

Pivot: 99.55

Our preference: Short positions below 99.55 with targets @ 97.55 & 96.8 in extension.

Alternative scenario: Above 99.55 look for further upside with 100.4 & 101.55 as targets.

Comment: the upward potential is likely to be limited by the resistance at 99.55.

Supports and resistances:
101.55
100.4
99.55
99 Last
97.55
96.8
95.5 

NZD/USD

3/17/2014 7:08 AM

Pivot: 0.8515

Our preference: Long positions above 0.8515 with targets @ 0.8605 & 0.865 in extension.

Alternative scenario: Below 0.8515 look for further downside with 0.849 & 0.843 as targets.

Comment: a support base at 0.8515 has formed and has allowed for a temporary stabilisation. The RSI is posting bullish reversal signs calling for another upleg.

Supports and resistances:
0.8675
0.865
0.8605
0.8545 Last
0.8515
0.849
0.843 

Gold spot

3/17/2014 7:06 AM

Pivot: 1364

Our preference: Long positions above 1364 with targets @ 1400 & 1413 in extension.

Alternative scenario: Below 1364 look for further downside with 1355 & 1345 as targets.

Comment: the RSI lacks downward momentum.

Supports and resistances:
1425
1413
1400
1382 Last
1364
1355
1345 

USD/CHF

3/17/2014 7:04 AM

Pivot: 0.8745

Our preference: Short positions below 0.8745 with targets @ 0.8695 & 0.866 in extension.

Alternative scenario: Above 0.8745 look for further upside with 0.8765 & 0.8785 as targets.

Comment: The pair is rebounding and is challenging its resistance.

Supports and resistances:
0.8785
0.8765
0.8745
0.8735 Last
0.8695
0.866
0.8625 

GBP/USD

3/17/2014 7:03 AM

Pivot: 1.665

Our preference: Short positions below 1.665 with targets @ 1.659 & 1.6565 in extension.

Alternative scenario: Above 1.665 look for further upside with 1.6685 & 1.6715 as targets.

Comment: the upward potential is likely to be limited by the resistance at 1.665.

Supports and resistances:
1.6715
1.6685
1.665
1.6639 Last
1.659
1.6565
1.653 

USD/JPY

3/17/2014 7:03 AM

Pivot: 102.05

Our preference: Short positions below 102.05 with targets @ 101.15 & 100.65 in extension.

Alternative scenario: Above 102.05 look for further upside with 102.4 & 102.8 as targets.

Comment: The pair is posting a rebound but stands below its resistance.

Supports and resistances:
102.8
102.4
102.05
101.525 Last
101.15
100.65
100.25 

USD/CAD

3/17/2014 7:03 AM

Pivot: 1.1035

Our preference: Long positions above 1.1035 with targets @ 1.112 & 1.1155 in extension.

Alternative scenario: Below 1.1035 look for further downside with 1.1005 & 1.0975 as targets.

Comment: intraday technical indicators are mixed and call for caution. The pair is drawing oscillations in a Broadening Formation pattern.

Supports and resistances:
1.119
1.1155
1.112
1.1094 Last
1.1035
1.1005
1.0975