Connect with us
Pivot: 150.8 Our preference: Long positions above 150.8 with targets @ 152.2 152.8 in extension. Alternative scenario: Below 150.8 look for further downside with 150.4 149.9...
Pivot: 127.85 Our preference: Long positions above 127.85 with targets @ 128.9 129.4 in extension. Alternative scenario: Below 127.85 look for further downside with 127.5 127.15...
Pivot: 1.0065 Our preference: Long positions above 1.0065 with targets @ 1.01 1.0125 in extension. Alternative scenario: Below 1.0065 look for further downside with 1.0045 1.0015...
”Cycle from 4.24.2013 low is nearing completion and we expect 1.236 ext (1.3259) to hold for a corrective pull back before rally resumes.” – Eric Morera,...
Pivot: 1.5150 Our preference: LONG position above 1.5150 with targets at 1.56 or even 1.57. Alternative scenario: A break below 1.5150 would call for further weakness...
Pivot: 0.8400 Our Preference: LONG above 0.84 with targets @ 0.8590 0.87. Alternative Scenario: Below 0.84 aim @ 0.8340. Comment: the pair is rebounding on its...
Pivot: 1.0050 Our Preference: Long position above1.0050 with 1.0340 1.0450 in sight. Alternative Scenario: Below 1.0050 look for further downside to 0.9805. Comment: the pair is...
US Dollar Technical Analysis– Prices broke support at a rising trend line set from late February to challenge the 10424-28 area marked by the 23.6% Fibonacci...
ASIA/EUROPE FOREX NEWS WRAP The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) is in the midst of its sixth consecutive day of declines ahead of the...
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...