Pivot: 94.85 Our Preference: Bearish below 94.85 with targets @ 84 77.3 in extension. Alternative Scenario: Above 94.85 eye a bounce towards 98.1 and 100.6 in...
ASIA/EUROPE FOREX NEWS WRAP The US Dollar is the top performer in the overnight session as it appears that confidence among investors seeking high beta currencies...
Pivot: 1.0415 Our preference: Short positions below 1.0415 with targets @ 1.031 1.0285 in extension. Alternative scenario: Above 1.0415 look for further upside with 1.0475 1.052...
Pivot: 1.026 Our preference: Short positions below 1.026 with targets @ 1.0185 1.015 in extension. Alternative scenario: Above 1.026 look for further upside with 1.028 1.0295...
THE TAKEAWAY: The US Dollar remains locked in choppy consolidation while gold and the SP 500 have found interim support after sharp losses earlier in the...
Pivot: 22.90 Our preference: LONG positions above 22.9 with 24.35 24.85 as next targets. Alternative scenario: The downside penetration of 22.9 will call for 22 20.25....
Pivot: 89.00 Our preference: SHORT positions below 89 with 86 84.2 in sight. Alternative scenario: The upside penetration of 89 will call for a rebound towards...
Pivot: 148.6 Our preference: Long positions above 148.6 with targets @ 150.55 151.7 in extension. Alternative scenario: Below 148.6 look for further downside with 147.6 146.3...
Pivot: 89.00 Our preference: SHORT positions below 89 with targets @ 86 84.2. Alternative scenario: The upside breakout of 89 will open the way to 90.4...
Pivot: 22.90 Our preference: LONG positions above 22.9 with 24.35 24.85 in sight. Alternative scenario: The downside penetration of 22.9 will call for 22 20.25. Comment:...