DailyBars Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: Wrote yesterday to “respect...
Pivot: 1.53 Our preference: Long positions above 1.53 with targets @ 1.5385 1.541 in extension. Alternative scenario: Below 1.53 look for further downside with 1.5265 1.5245...
Pivot: 0.8495 Our preference: Short positions below 0.8495 with targets @ 0.8435 0.84 in extension. Alternative scenario: Above 0.8495 look for further upside with 0.8525 0.856...
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...
Summary: Record declines in gold have coincided with sell-offs in the Australian Dollar. Yet correlations may be misleading. We look at fundamental drivers and gold price...
ASIA/EUROPE FOREX NEWS WRAP Risk appetite is on the mend on Tuesday, with the SP 500 moving rebounding higher overnight in futures, following higher the commodity...
Pivot: 1360.00 Our preference: LONG positions above 1360 with targets @ 1413 1458. Alternative scenario: The downside breakout of 1360 will open the way to 1322...
Pivot: 147.6 Our preference: Long positions above 147.6 with targets @ 149.75 150.55 in extension. Alternative scenario: Below 147.6 look for further downside with 146.3 145.85...
Pivot: 98.25 Our preference: Short positions below 98.25 with targets @ 95.4 94.35 in extension. Alternative scenario: Above 98.25 look for further upside with 99.1 100...
Pivot: 0.9335 Our preference: Short positions below 0.9335 with targets @ 0.926 0.923 in extension. Alternative scenario: Above 0.9335 look for further upside with 0.9365 0.939...