Connect with us
THE TAKEAWAY: The US Dollar has moved to challenge the upper boundary of its recent range while the SP 500 has retreated to a trend-defining support...
Pivot: 24.00 Our preference: SHORT positions below 24 with 22 21.1 as next targets. Alternative scenario: The upside penetration of 24 will call for 24.85 25.6....
Pivot: 1.2175 Our preference: Short positions below 1.2175 with targets @ 1.213 1.21 in extension. Alternative scenario: Above 1.2175 look for further upside with 1.219 1.221...
Pivot: 0.8455 Our preference: Short positions below 0.8455 with targets @ 0.84 0.837 in extension. Alternative scenario: Above 0.8455 look for further upside with 0.851 0.856...
Pivot: 23.00 Our preference: LONG positions above 23 with targets @ 24.22 24.85. Alternative scenario: The downside breakout of 23 will open the way to 22...
Pivot: 98.4 Our preference: Short positions below 98.4 with targets @ 97.1 96.5 in extension. Alternative scenario: Above 98.4 look for further upside with 98.7 99.1...
Pivot: 0.859 Our preference: Short positions below 0.859 with targets @ 0.852 0.85 in extension. Alternative scenario: Above 0.859 look for further upside with 0.8635 0.866...
Pivot: 150.2 Our preference: Short positions below 150.2 with targets @ 147.6 146.45 in extension. Alternative scenario: Above 150.2 look for further upside with 151.2 151.7...
Follow along with David Rodriguez, Quantitative Strategist for DailyFX.com, as he discusses the Breakout2 trading system. In this video David covers the strategy logic as well...
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 NZDUSD decline...