Pipsafe Logo

Daily Technical Strategies(2016.01.26)

Source: ETX Capital(Review and Forex Rebates up to 85%)

 

FTSE 100 (NYSE Liffe) (H6) Intraday: consolidation in place.

Pivot: 5855

Our preference: short positions below 5855 with targets @ 5710 & 5680 in extension.

Alternative scenario: above 5855 look for further upside with 5900 & 5960 as targets.

Comment: the RSI advocates for further decline.

cfd_trading

Dax (Eurex) (H6) Intraday: consolidation in place.

Pivot: 9765

Our preference: short positions below 9765 with targets @ 9508 & 9425 in extension.

Alternative scenario: above 9765 look for further upside with 9850 & 9940 as targets.

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

dax_trading

Dow Jones (CME) (H6) Intraday: under pressure.

Pivot: 16050

Our preference: short positions below 16050 with targets @ 15670 & 15530 in extension.

Alternative scenario: above 16050 look for further upside with 16190 & 16390 as targets.

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

dow_trading

EUR/USD Intraday: the upside prevails.

Pivot: 1.082

Our preference: long positions above 1.082 with targets @ 1.0895 & 1.092 in extension.

Alternative scenario: below 1.082 look for further downside with 1.0785 & 1.077 as targets.

Comment: The pair is trading within a bullish channel.

euro695

[ssba]



LEAVE A COMMENT


capcha

ADVERTISE

Alert Header

Alert Message