Pivot: 1338.00 Our preference: LONG positions above 1338 with 1362 1374 in sight. Alternative scenario: The downside penetration of 1338 will call for a slide towards...
Talking Points: The Sharp GBP/CAD Downside Move Consolidation Before Another Potential Push Down Conflicting Elliott Wave Signals to Contend with The downward GBPCAD move discussed earlier...
Pivot: 1252. Our Preference: As long as 1252 is support, a test of 1434 seems likely. Alternative scenario: A downside breakout of 1252 would open the...
Pivot: 1252. Our Preference: As long as 1252 is support, a test of 1434 seems likely. Alternative scenario: A downside breakout of 1252 would open the...
Pivot: 0.952 Our preference: Short positions below 0.952 with targets @ 0.9425 0.9385 in extension. Alternative scenario: Above 0.952 look for further upside with 0.9575 0.9625...
Pivot: 1.2335 Our preference: Long positions above 1.2335 with targets @ 1.239 1.2415 in extension. Alternative scenario: Below 1.2335 look for further downside with 1.231 1.228...
Pivot: 97.35 Our preference: LONG positions above 97.35 with 98.8 99.25 in sight. Alternative scenario: The downside penetration of 97.35 will call for 96 94.55. Comment:...
Talking Points Euro in correction mode CAD on sentiment extremes GOLD closing in on important resistance To receive other reports from this author via e-mail, sign...
Pivot: 0.952 Our preference: Short positions below 0.952 with targets @ 0.9425 0.9385 in extension. Alternative scenario: Above 0.952 look for further upside with 0.9575 0.9625...
Talking Points: – Commodity currencies – which benefited most after September FOMC – lead. – European currencies turning higher in the morning. – Data trends unchanged...