Pivot: 99 Our preference: Long positions above 99 with targets @ 100.3 101 in extension. Alternative scenario: Below 99 look for further downside with 98.3 97.15...
Talking Points Persistent weakness in metal warns period of general USD strength nearing USD/JPY volatility compression points to looming trend move USD/CAD turns at key Fibonacci...
Talking Points USD/JPY Technical Strategy: Longs preferred on breakout Dojis on both the daily and four hourly charts suggest indecision Clearance of resistance at 102.70 may...
Talking Points USD/CAD Technical Strategy: shorts preferred False breakout prompts bearish reversal pattern Dark Cloud Cover results in sustained weakness After staging a breakout above 1.1200...
Talking Points NZD/USD Technical Strategy: Sidelines Preferred Bearish engulfing pattern on the daily negated Uptrend remains intact cautioning against shorts The Kiwi’s uptrend remains intact with...
Talking Points AUD/USD Technical Strategy: longs preferred on breakout Dragonfly Doji on the four hour chart resulted in an intraday bounce Absence of bearish reversal pattern...
Talking Points GBP/USD Technical Strategy: Sidelines preferred Former support-turned-resistance at 1.6600 may limit bounce Dark Cloud Cover on weekly warns of larger correction The Pound has...
Pivot: 20.6 Our preference: Short positions below 20.6 with targets @ 19 18.2 in extension. Alternative scenario: Above 20.6 look for further upside with 21.65 22.17...
Pivot: 1272 Our preference: Long positions above 1272 with targets @ 1434 1485 in extension. Alternative scenario: Below 1272 look for further downside with 1235 1180...
To receive Ilya’s analysis directly via email, please SIGN UP HERE Talking Points: USD/CHF Technical Strategy: Flat Support: 0.8806 (23.6% Fib ret.), 0.8755 (Wedge top) Resistance:...