Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: Bigger picture, a EURUSD...
Pivot: 1.0325 Our preference: Long positions above 1.0325 with targets @ 1.042 1.0445 in extension. Alternative scenario: Below 1.0325 look for further downside with 1.0285 1.0245...
Pivot: 22.11 Our preference: LONG positions above 22.11 with 22.75 23.2 as next targets. Alternative scenario: The downside penetration of 22.11 will call for 21.9 21.4....
Pivot: 131.2 Our preference: Long positions above 131.2 with targets @ 132.4 133 in extension. Alternative scenario: Below 131.2 look for further downside with 130.85 130.35...
Pivot: 0.9695 Our preference: Short positions below 0.9695 with targets @ 0.9595 0.9555 in extension. Alternative scenario: Above 0.9695 look for further upside with 0.9735 0.9775...
Pivot: 1.512 Our preference: Short positions below 1.512 with targets @ 1.5035 1.501 in extension. Alternative scenario: Above 1.512 look for further upside with 1.5155 1.5185...
ASIA/EUROPE FOREX NEWS WRAP The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) initially rallied in the Asian session on the back of a weaker Japanese Yen...
This publication attempts to further explore the concept that mass movements of human psychology, as represented by the financial markets, are subject to the mathematical laws...
Pivot: 1.247 Our preference: Long positions above 1.247 with targets @ 1.2545 1.2595 in extension. Alternative scenario: Below 1.247 look for further downside with 1.244 1.2405...
US Dollar Technical Analysis– Prices put in a Dark Cloud Cover candlestick pattern, hinting a move lower may be ahead. Negative RSI divergence reinforces the case...