USD/JPY Technical Analysis– Prices broke above resistance at 101.42, the 76.4% Fibonacci expansion, clearing the way for a move to challenge the 100% level at 103.16....
EUR/USD Technical Analysis– Prices broke below the 23.6% Fibonacci expansion at 1.3014, exposing the 1.2873-1.2904 area marked by a downward-sloping neckline and the 38.2% level. A...
Pivot: 94.80 Our preference: LONG positions above 94.8 with targets @ 96.75 97.2. Alternative scenario: The downside penetration of 94.8 will call for a slide towards...
THE TAKEAWAY: The US Dollar continues to push higher, touching the highest levels in nearly two years, while SP 500 struggles to maintain momentum at chart...
Pivot: 154.95 Our preference: Long positions above 154.95 with targets @ 157 158 in extension. Alternative scenario: Below 154.95 look for further downside with 154.1 153.2...
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: 0.846 Our preference: Short positions below 0.846 with targets @ 0.8415 0.84 in extension. Alternative scenario: Above 0.846 look for further upside with 0.849 0.851...
Pivot: 1.0150 Our Preference: SHORT position below 1.038 with 0.985 0.958 in sight. Alternative Scenario: Above 1.038 look for further upside to 1.062. Comment: the RSI...
Article summary: The impressive US Dollar breakout looks like the real deal. Here’s how we’d like to trade the Greenback against the Yen, Euro, Australian Dollar,...
US Dollar Technical Analysis– Prices broke above resistance at the top of a rising channel set from early March, exposing the 123.6% Fibonacci expansion at 10640....