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Pivot: 157.85 Our preference: Short positions below 157.85 with targets @ 156.9 156.55 in extension. Alternative scenario: Above 157.85 look for further upside with 158.25 158.8...
Pivot: 97.55. Our preference: SHORT positions below 97.55 with 97.1 96.8 in sight. Alternative scenario: The upside penetration of 97.55 will call for a rebound towards...
Pivot: 0.968 Our preference: Short positions below 0.968 with targets @ 0.96 0.955 in extension. Alternative scenario: Above 0.968 look for further upside with 0.973 0.976...
Pivot: 1.0335 Our preference: Long positions above 1.0335 with targets @ 1.042 1.047 in extension. Alternative scenario: Below 1.0335 look for further downside with 1.031 1.028...
Talking Points US Dollar Eyeing 16-Month Support After April Bottom Break SP 500 Technical Positioning Hints a Pullback May Be Ahead Gold Prices Finding Interim Resistance...
Pivot: 134.2 Our preference: Short positions below 134.2 with targets @ 133.55 133.25 in extension. Alternative scenario: Above 134.2 look for further upside with 134.6 135...
Pivot: 1.6205 Our preference: Short positions below 1.6205 with targets @ 1.611 1.608 in extension. Alternative scenario: Above 1.6205 look for further upside with 1.626 1.629...
Pivot: 97.55 Our preference: Short positions below 97.55 with targets @ 97.1 96.8 in extension. Alternative scenario: Above 97.55 look for further upside with 97.8 98.2...
Pivot: 0.844 Our preference: Short positions below 0.844 with targets @ 0.8355 0.833 in extension. Alternative scenario: Above 0.844 look for further upside with 0.8475 0.852...
Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Automate trades with Mirror Trader –GBPUSD saw its 2nd largest 1 day rally of the year...