Pivot: 108.80 Our preference: SHORT positions below 108.8 with 106 105 as next targets. Alternative scenario: The upside penetration of 108.8 will call for 110.7 112.9....
Pivot: 99.45 Our preference: Short positions below 99.45 with targets @ 98.45 98.15 in extension. Alternative scenario: Above 99.45 look for further upside with 99.95 100.45...
The 10 year Treasury Note and 30 year Treasury Bond are at support while the SP 500 is at resistance (and has been for weeks). The...
Pivot: 106.45 Our preference: LONG positions above 106.45 with 108.8 110.7 as next targets. Alternative scenario: The downside penetration of 106.45 will call for a slide...
Pivot: 94.50 Our Preference: LONG position above 94.5 with 101.5 103.8 in sight. Alternative Scenario: Below 94.5 down move to 90.85 87.5. Comment: the pair is...
Pivot: 1.2355 Our preference: Long positions above 1.2355 with targets @ 1.24 1.242 in extension. Alternative scenario: Below 1.2355 look for further downside with 1.233 1.23...
Pivot: 1309.00 Our preference: SHORT positions below 1309 with targets @ 1266 1244. Alternative scenario: The upside penetration of 1309 will call for a rebound towards...
USD/CHF Technical Analysis – Prices broke higher, completing a bullish Falling Wedge chart pattern and exposing the 23.6% Fibonacci expansion at 0.9374. A break above this...
EUR/GBP Technical Analysis – Prices rebounded as expected after putting in a bullish Piercing Line candlestick pattern. The pair is now testing back below resistance-turned-support at...
AUD/USD Technical Analysis – Prices broke support at 0.8943, the 23.6% Fibonacci expansion, exposing falling channel resistance-turned-support at 0.8849. A further push below that eyes the...