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USD/JPY Technical Analysis– Prices recoiled from resistance below the 100.00 figure to test support at 97.79, the 23.6% Fibonacci retracement. A break below this barrier initially...
GBP/USD Technical Analysis – Prices put in a Shooting Star candlestick below resistance at the top of a rising channel set from mid-March (1.5552), a barrier...
EUR/USD Technical Analysis– Prices are testing resistance at 1.3113, the 38.2% Fibonacci retracement level. A break higher targets the April 16 high at 1.3201 and the...
Pivot: 1485.00 Our preference: SHORT positions below 1485 with 1448 1418 as next targets. Alternative scenario: The upside penetration of 1485 will call for a rebound...
THE TAKEAWAY: The US Dollar is flirting with a completing a meaningful bearish breakout as prices test key support while the SP 500 moves toward the...
Pivot: 151.1 Our preference: Long @ 151.3 with targets @ 152.2 152.8 in extension. Alternative scenario: Below 151.1 look for further downside with 150.4 149.9 as...
Pivot: 0.842 Our preference: Long positions above 0.842 with targets @ 0.847 0.8485 in extension. Alternative scenario: Below 0.842 look for further downside with 0.84 0.838...
Pivot: 151.1 Our preference: Long positions above 151.1 with targets @ 152.2 152.8 in extension. Alternative scenario: Below 151.1 look for further downside with 150.4 149.9...
Daily Bars Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: The clean break...
Weekly Bars Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? Commodity Analysis: Crude’s range...