Pivot: 1.2275 Our preference: Long positions above 1.2275 with targets @ 1.2345 1.238 in extension. Alternative scenario: Below 1.2275 look for further downside with 1.225 1.2225...
Pivot: 1.02 Our preference: Short positions below 1.02 with targets @ 1.0125 1.011 in extension. Alternative scenario: Above 1.02 look for further upside with 1.023 1.025...
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...
ASIA/EUROPE FOREX NEWS WRAP The Reserve Bank of Australia made history last night cutting its key benchmark interest rate to an all-time low at 2.75%, a...
Pivot: 0.9355 Our preference: Long positions above 0.9355 with targets @ 0.94 0.942 in extension. Alternative scenario: Below 0.9355 look for further downside with 0.933 0.931...
Pivot: 1488.00 Our preference: SHORT positions below 1488 with 1441 1423 as next targets. Alternative scenario: The upside penetration of 1488 will call for 1507 1540....
Pivot: 1.022 Our preference: Short @ 1.0204 with targets @ 1.015 1.0125 in extension. Alternative scenario: Above 1.022 look for further upside with 1.025 1.029 as...
Pivot: 0.848 Our preference: Long positions above 0.848 with targets @ 0.852 0.8555 in extension. Alternative scenario: Below 0.848 look for further downside with 0.8455 0.843...
THE TAKEAWAY: The US Dollar continued to drift higher within a familiar range while the SP 500 pushed upward to set a new record high above...
US Dollar Technical Analysis– Prices recovered after putting in a Hammer candlestick above support in the 10424-28 area marked by the 23.6% Fibonacci retracement and the...