Pivot: 1.043 Our preference: Long positions above 1.043 with targets @ 1.048 1.0495 in extension. Alternative scenario: Below 1.043 look for further downside with 1.0415 1.04...
Pivot: 0.8425 Our preference: Long positions above 0.8425 with targets @ 0.846 0.8475 in extension. Alternative scenario: Below 0.8425 look for further downside with 0.8405 0.839...
THE TAKEAWAY: The US Dollar is flirting with a bearish breakout while SP 500 technical positioning warns a significant top may be in place below the...
Pivot: 1.0445 Our preference: Short positions below 1.0445 with targets @ 1.04 1.038 in extension. Alternative scenario: Above 1.0445 look for further upside with 1.0465 1.0495...
Pivot: 0.8345 Our preference: Long positions above 0.8345 with targets @ 0.8395 0.8415 in extension. Alternative scenario: Below 0.8345 look for further downside with 0.833 0.83...
Pivot: 97.85 Our preference: SHORT positions below 97.85 with 95.9 95.25 in sight. Alternative scenario: The upside penetration of 97.85 will call for 98.35 98.95. Comment:...
Pivot: 28.40 Our preference: SHORT positions below 28.4 with 27.85 27.6 in sight. Alternative scenario: The upside breakout of 28.4 will open the way to 28.6...
Pivot: 120.25 Our preference: Short positions below 120.25 with targets @ 119.45 118.9 in extension. Alternative scenario: Above 120.25 look for further upside with 120.95 121.35...
Pivot: 142.4 Our preference: Short positions below 142.4 with targets @ 141.45 140.85 in extension. Alternative scenario: Above 142.4 look for further upside with 143 143.4...
Daily Bars Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: The NZDUSD formed...