Pivot: 0.798 Our preference: Long positions above 0.798 with targets @ 0.81 0.8135 in extension. Alternative scenario: Below 0.798 look for further downside with 0.793 0.788...
THE TAKEAWAY: The US Dollar has found interim support after six consecutive days of selling while the SP 500 has slipped back below the May swing...
Pivot: 1349. Our Preference: Bearish below 1349 with targets @ 1267 1180 in extension. Alternative scenario: An upside breakout of 1349 would open the way towards...
Pivot: 18.20 Our preference: neutral between 18.2 and 22.5. A break above 22.5 would call for 24.8 and 26.6 in extension. An downside breakout of 18.2...
Pivot: 128.85 Our preference: Short positions below 128.85 with targets @ 127.9 127.45 in extension. Alternative scenario: Above 128.85 look for further upside with 129.75 130.15...
Pivot: 96.90. Our preference: SHORT positions below 96.9 with 95.7 95.15 as next targets. Alternative scenario: The upside breakout of 96.9 will open the way to...
Pivot: 149.7 Our preference: Short positions below 149.7 with targets @ 148.8 148.2 in extension. Alternative scenario: Above 149.7 look for further upside with 150.2 150.65...
Pivot: 20.45 Our preference: LONG positions above 20.45 with 21.3 21.5 in sight. Alternative scenario: The downside penetration of 20.45 will call for a slide towards...
Pivot: 103.55 Our preference: LONG positions above 103.55 with 106.2 107.75 in sight. Alternative scenario: The downside penetration of 103.55 will call for 102.25 100.6. Comment:...
AUD/USD Technical Strategy: Long at 0.9189, Targeting 0.9640 Prices bounced as expected, with a pronounced bullish Piercing Line candlestick pattern on the weekly chart hinting at...