Pivot: 1381.00 Our preference: LONG positions above 1381 with 1436 1473 in sight. Alternative scenario: The downside breakout of 1381 will open the way to 1363...
Pivot: 89.00 Our preference: SHORT positions below 89 with 86.3 85.6 as next targets. Alternative scenario: The upside penetration of 89 will call for a rebound...
Pivot: 1.302 Our preference: Long positions above 1.302 with targets @ 1.3115 1.315 in extension. Alternative scenario: Below 1.302 look for further downside with 1.2985 1.295...
Pivot: 1.028 Our preference: Long positions above 1.028 with targets @ 1.0355 1.0395 in extension. Alternative scenario: Below 1.028 look for further downside with 1.026 1.0235...
Pivot: 98.3 Our preference: Long positions above 98.3 with targets @ 99.4 99.65 in extension. Alternative scenario: Below 98.3 look for further downside with 97.95 97.6...
Pivot: 0.9275 Our preference: Long positions above 0.9275 with targets @ 0.934 0.9365 in extension. Alternative scenario: Below 0.9275 look for further downside with 0.924 0.9205...
Article summary: Sharp swings in US Dollar and Japanese Yen pairs have made for difficult trading conditions, but we believe our sentiment-based strategies may do well...
THE TAKEAWAY: The US Dollar and SP 500 continue to probe at key technical barriers but a clear-cut breakout remains elusive for now. US DOLLAR TECHNICAL...
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US Dollar Technical Analysis– Prices continue to consolidate in a choppy range below resistance at 10547, the 23.6% Fibonacci expansion. A break above that aims for...