Our pivot point is at 158.50.
Our preference: The upside prevails as long as 158.50 is support, with 159.09 and 159.24 as targets
Alternative scenario: below 158.50, expect 158.25 and 158.10.
Comment: the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The price is above its 20 and 50 period moving average (respectively at 158.53 and 158.20).
Supports and resistances:
159.39 *
159.24 **
159.09
158.78 last
158.50 **
158.25 *
158.10 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-10-2026 at 21:20 UTC+1
Price reference: 158.78 last known on 11-10-2026 at 21:20 UTC+1
Investment horizon: INTRADAY
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