Pivot: 131.7 Our preference: Short positions below 131.7 with targets @ 130.85 130.35 in extension. Alternative scenario: Above 131.7 look for further upside with 132.15 132.55...
Pivot: 153.25 Our preference: Long positions above 153.25 with targets @ 154.65 155.55 in extension. Alternative scenario: Below 153.25 look for further downside with 152.85 152.3...
Pivot: 0.9710. Our preference: LONG positions above 0.971 with 0.982 0.987 in sight. Alternative scenario: The downside penetration of 0.971 will call for a slide towards...
Pivot: 1.039 Our preference: Long positions above 1.039 with targets @ 1.0445 1.0465 in extension. Alternative scenario: Below 1.039 look for further downside with 1.0365 1.033...
THE TAKEAWAY: The US Dollar launched a convincing recovery having found technical support but overall positioning still carries remnants of reversal risk. Capitalize on Shifts in...
Pivot: 0.971 Our preference: Long positions above 0.971 with targets @ 0.982 0.987 in extension. Alternative scenario: Below 0.971 look for further downside with 0.9635 0.9585...
Pivot: 1.0365 Our preference: Long positions above 1.0365 with targets @ 1.042 1.0445 in extension. Alternative scenario: Below 1.0365 look for further downside with 1.0325 1.0285...
Pivot: 1.0365 Our preference: Long positions above 1.0365 with targets @ 1.042 1.0445 in extension. Alternative scenario: Below 1.0365 look for further downside with 1.0325 1.0285...
Pivot: 153.25 Our preference: Long positions above 153.25 with targets @ 154.8 155.55 in extension. Alternative scenario: Below 153.25 look for further downside with 152.85 152.3...
Weekly Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? Commodity Analysis: Gold didn’t quite...