– USDJPY has broken above major price resistance – We think the price breakout along with our forex positioning data favors strength – Key risk is...
Pivot: 1.231 Our preference: Long positions above 1.231 with targets @ 1.236 1.238 in extension. Alternative scenario: Below 1.231 look for further downside with 1.2275 1.225...
Talking Points – UK PMI Construction best since September 2007, signaling a broader recovery. – Syrian missile headlines highlight how sensitive market is right now. –...
SP 500 rebounds off an important support level, but still at risk of forming a broader top. EUR/USD breaks below 1.3220 while GBP/USD holds above a...
Pivot: 105.50 Our preference: LONG positions above 105.5 with 108.6 109.15 as next targets. Alternative scenario: The downside penetration of 105.5 will call for a slide...
Pivot: 1.5525. Our preference: LONG positions above 1.5525 with targets @ 1.5605 1.5635. Alternative scenario: The downside penetration of 1.5525 will call for a slide towards...
To receive Ilya’s analysis directly via email, please SIGN UP HERE Talking Points Bullish Engulfing pattern forms at support in 0.8823-0.8901 area (Aug2 close, 23.6% Fib...
To receive Ilya’s analysis directly via email, please SIGN UP HERE Talking Points Prices pushed higher as expected after putting in a bullish Piercing Line candlestick...
To receive Ilya’s analysis directly via email, please SIGN UP HERE Talking Points Prices testing 2-month trend resistance in the 10796-98 area (23.6% Fib expansion, falling...
To receive Ilya’s analysis directly via email, please SIGN UP HERE Talking Points Break above at 1.0542 (50% Fib expansion) hints bearish Shooting Starnegated Bulls now...