Pivot: 102.20 Our Preference: Bullish as long as 102.2 is support with targets at 114.7 and 118.25 in extension. Alternative Scenario: Below 102.2 eye a drop...
Pivot: 1348. Our Preference: As long as 1348 is support, look for rise towards 1488 1522. Alternative scenario: A downside breakout of 1348 would open the...
Pivot: 109.00 Our preference: LONG positions above 109 with 112.8 114 in sight. Alternative scenario: The downside penetration of 109 will call for a slide towards...
Pivot: 1411.00 Our preference: LONG positions above 1411 with targets @ 1440 1462. Alternative scenario: The downside penetration of 1411 will call for a slide towards...
THE TAKEAWAY: US Dollar price action remains muted as prices linger at a familiar range top. SPX 500 positioning hints renewed selling pressure may be close...
Pivot: 1.5555 Our preference: Short positions below 1.5555 with targets @ 1.5475 1.5415 in extension. Alternative scenario: Above 1.5555 look for further upside with 1.5605 1.5635...
Pivot: 1.0535 Our preference: Short positions below 1.0535 with targets @ 1.0465 1.0435 in extension. Alternative scenario: Above 1.0535 look for further upside with 1.057 1.061...
Pivot: 1404.00 Our preference: LONG positions above 1404 with targets @ 1423 1440. Alternative scenario: The downside breakout of 1404 will open the way to 1390...
Pivot: 108.60 Our preference: LONG positions above 108.6 with targets @ 110.55 111.1. Alternative scenario: The downside penetration of 108.6 will call for 107.8 107.1. Comment:...
Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? FOREXAnalysis: “The NZDUSD traded above the 6/14 high of...