Connect with us
Pivot: 0.844 Our preference: Long positions above 0.844 with targets @ 0.8485 0.85 in extension. Alternative scenario: Below 0.844 look for further downside with 0.8425 0.8405...
Pivot: 1.2875 Our preference: Short positions below 1.2875 with targets @ 1.28 1.277 in extension. Alternative scenario: Above 1.2875 look for further upside with 1.2895 1.292...
Pivot: 1.5175 Our preference: Short positions below 1.5175 with targets @ 1.509 1.506 in extension. Alternative scenario: Above 1.5175 look for further upside with 1.522 1.526...
Pivot: 93.4 Our preference: Short positions below 93.4 with targets @ 92.9 92.4 in extension. Alternative scenario: Above 93.4 look for further upside with 93.85 94.4...
Pivot: 0.9445 Our preference: Long positions above 0.9445 with targets @ 0.9505 0.9525 in extension. Alternative scenario: Below 0.9445 look for further downside with 0.943 0.9415...
Pivot: 1592.00 Our preference: SHORT positions below 1592 with 1576 1565 as next targets. Alternative scenario: The upside penetration of 1592 will call for 1604 1608....
GBP/JPY Technical Analysis– Prices are testing below support at 141.84, the 50% Fibonacci retracement. A break below that aims for the 61.8% level at 140.89. Near-term...
EUR/JPY Technical Analysis– Prices declined as expected after putting in a bearish Harami candlestick pattern. Sellers are now testing below support at 119.12, the 76.4% Fibonacci...
USD/CHF Technical Analysis– Prices are pulling back after putting in a Dark Cloud Cover candlestick pattern below resistance at a formerly broken rising trend line. Near-term...
USD/CAD Technical Analysis– Prices are testing below support at 1.0140, a barrier marked by the 38.2% Fibonacci retracement and reinforced by a falling channel bottom. A...