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Pivot: 1.325 Our preference: Long positions above 1.325 with targets @ 1.335 1.337 in extension. Alternative scenario: Below 1.325 look for further downside with 1.321 1.3175...
Pivot: 0.93 Our preference: Short positions below 0.93 with targets @ 0.921 0.917 in extension. Alternative scenario: Above 0.93 look for further upside with 0.934 0.937...
THE TAKEAWAY: The US Dollar has stalled at technical resistance after completing a would-be breakout higher. The SP 500 continues to consolidate below the 1700 figure....
Pivot: 0.9035 Our preference: Short positions below 0.9035 with targets @ 0.892 0.89 in extension. Alternative scenario: Above 0.9035 look for further upside with 0.9075 0.914...
Pivot: 0.8015 Our preference: Short positions below 0.8015 with targets @ 0.79 0.787 in extension. Alternative scenario: Above 0.8015 look for further upside with 0.805 0.81...
Pivot: 129.75 Our preference: Long positions above 129.75 with targets @ 131 131.4 in extension. Alternative scenario: Below 129.75 look for further downside with 129.25 128.85...
Pivot: 1.512 Our preference: Long positions above 1.512 with targets @ 1.525 1.529 in extension. Alternative scenario: Below 1.512 look for further downside with 1.507 1.503...
Hourly Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? FOREXAnalysis: Wrote last week that “the NZDUSD advance is...
Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? FOREXAnalysis: The GBPUSD “rally has reached the 61.8% retracement...
4Hour Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? FOREXAnalysis: The USDCAD may still be trying to form...