Pivot: 23.60 Our preference: LONG positions above 23.6 with targets @ 24.8 25.2. Alternative scenario: The downside penetration of 23.6 will call for a slide towards...
THE TAKEAWAY: The US Dollar has stalled at Augusts’ range top once again while the SPX 500 continues to recover having spiked to a two-month low...
Pivot: 1.2315 Our preference: Long positions above 1.2315 with targets @ 1.236 1.238 in extension. Alternative scenario: Below 1.2315 look for further downside with 1.2295 1.2275...
Pivot: 153.45 Our preference: Long positions above 153.45 with targets @ 154.6 155.3 in extension. Alternative scenario: Below 153.45 look for further downside with 153 152.55...
The US Dollar rallied sharply after holding key lows through this week’s trading, but today has the Greenback falling sharply versus the Euro, Swiss Franc, and...
Pivot: 105.25 Our preference: LONG positions above 105.25 with 106.4 106.95 in sight. Alternative scenario: The downside penetration of 105.25 will call for 104.3 103.5. Comment:...
Pivot: 1.057 Our preference: Short positions below 1.057 with targets @ 1.05 1.0465 in extension. Alternative scenario: Above 1.057 look for further upside with 1.061 1.065...
Gold recovery continues while EUR/USD stalls near key resistance. USD/JPY still constructive. To receive other reports from this author via e-mail, sign up to Kristian’s e-mail...
Deteriorating Canadian data has pushed USDCAD up against the key 1.06 resistance level once again, and if the pair manages to close above that mark, it...
GBP/USD fails at symmetry while the SP 500 bounces off key support. USD/CAD break major resistance. To receive other reports from this author via e-mail, sign...