Pivot: 1.049 Our preference: Long positions above 1.049 with targets @ 1.057 1.0595 in extension. Alternative scenario: Below 1.049 look for further downside with 1.0465 1.0435...
Gold–We believe we’ve seen a major turnaround in the US Dollar versus the Euro, but gold prices may actually outperform versus the Greenback as crowds remain...
SPX500 –Retail traders continue to buy into the SPX500, which tracks the fair value of the SP 500 E-mini futures contract. This serves as evidence that...
AUDUSD – Retail forex traders are near their most net-long AUDUSD on record, and the aggressive shift towards crowd buying leaves us plainly in favor of...
The US Dollar likely set a major bottom versus the Euro, British Pound, and Australian Dollar. How might we trade it? View individual currency sections: EURUSD...
Japanese Yen – A substantial shift towards Japanese Yen selling (EURJPY buying) suggests that Yen crosses may have set substantial tops through recent price action (EURJPY,...
GBPUSD – An aggressive shift in forex trading crowd sentiment suggests the British Pound may have set a noteworthy top and our technical forecast accordingly calls...
EURUSD – It’s been a slow process, but we think the Euro set a substantial top as forex crowd short positions hit a record. The recent...
INTRADAY PERFORMANCE UPDATE: 09:55 GMT Dow Jones FXCM Dollar Index (Ticker: USDOLLAR): +0.32% (+0.39%prior 5-days) ASIA/EUROPE FOREX NEWS WRAP The US Dollar has emerged as the...
To receive Ilya’s analysis directly via email, please SIGN UP HERE USD/CHF Technical Analysis – Prices put in a bullish Piercing Line candlestick pattern above support...