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USD/JPY Technical Analysis– Prices launched a sharp recovery following the BOJ monetary policy announcement, with buyers testing the 50% Fibonacci retracement at 95.49. A break above...
EUR/USD Technical Analysis– Prices are testing falling trend line resistance at 1.2848, with a break upward exposing the 1.30 figure and the 23.6% Fibonacci expansion at...
THE TAKEAWAY: The US Dollar is staging an impressive recovery from support while the SP 500 may have at last begun to validate bearish cues in...
Pivot: 140.9 Our preference: Long positions above 140.9 with targets @ 142.4 143 in extension. Alternative scenario: Below 140.9 look for further downside with 140.4 140.1...
Pivot: 120.25 Our preference: Long positions above 120.25 with targets @ 121.85 122.3 in extension. Alternative scenario: Below 120.25 look for further downside with 119.7 119.1...
Pivot: 93.70. Our preference: LONG positions above 93.7 with 94.9 95.15 as next targets. Alternative scenario: The downside penetration of 93.7 will call for a slide...
Pivot: 0.9475 Our preference: Short positions below 0.9475 with targets @ 0.9435 0.941 in extension. Alternative scenario: Above 0.9475 look for further upside with 0.9495 0.9525...
Pivot: 0.839 Our preference: Long positions above 0.839 with targets @ 0.846 0.8485 in extension. Alternative scenario: Below 0.839 look for further downside with 0.8365 0.8345...
Pivot: 96.00 Our preference: SHORT positions below 96 with 94 93.6 in sight. Alternative scenario: The upside penetration of 96 will call for a rebound towards...
Pivot: 1.2805 Our preference: Long positions above 1.2805 with targets @ 1.2875 1.291 in extension. Alternative scenario: Below 1.2805 look for further downside with 1.279 1.277...