Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? FOREXAnalysis: No change – “The recent move doesn’t do...
Pivot: 1336.00 Our preference: SHORT positions below 1336 with 1317 1305 as next targets. Alternative scenario: The upside penetration of 1336 will call for a rebound...
Pivot: 97.55 Our preference: Long positions above 97.55 with targets @ 98.25 98.6 in extension. Alternative scenario: Below 97.55 look for further downside with 96.95 96.35...
Pivot: 129.55 Our preference: Long positions above 129.55 with targets @ 130.4 130.85 in extension. Alternative scenario: Below 129.55 look for further downside with 129.05 128.7...
View COT data in MT4 Latest CFTC Release dated August 06, 2013: The COT Index is the difference between net speculative positioning and net commercial positioning...
GBP/USD Technical Analysis – Prices put in a bearish Three Inside Down candlestick pattern below resistance at a falling trend line set from mid-December 2012, hinting...
USD/CHF Technical Analysis – Prices are bouncing from support at a rising trend line set from February. Initial resistance is at 0.9309, the 23.6% Fibonacci retracement,...
EUR/GBP Technical Analysis – Prices broke below a rising trend line set from late June to find support at 0.8583, a level marked by the intersection...
NZD/USD Technical Analysis – Prices are pulling back from resistance at a falling trend line set from early April to probe underneath the 76.4% Fibonacci retracement...
GBP/JPY Technical Analysis – Prices vaulted sharply higher, pushing through the 38.2% and 50% Fibonacci expansions to take aim at the 61.8% level (151.88). A break...