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4Hour Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: The GBUSD reversed sharply...
4Hour Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: Bigger picture, a EURUSD...
4Hour Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: Bigger picture, a EURUSD...
Pivot: 1354.00 Our preference: LONG positions above 1354 with targets @ 1401 1419. Alternative scenario: The downside breakout of 1354 will open the way to 1336...
Pivot: 130.7 Our preference: Long positions above 130.7 with targets @ 131.95 132.85 in extension. Alternative scenario: Below 130.7 look for further downside with 129.9 129.6...
Pivot: 1.036 Our preference: Short positions below 1.036 with targets @ 1.027 1.0245 in extension. Alternative scenario: Above 1.036 look for further upside with 1.039 1.042...
GBPUSD – The British Pound continues to hit lows and retail forex trading crowds remain heavily net-long—we see plenty of room for further GBPUSD declines. Trade...
Gold–Retail FX crowds continue buying into Gold price weakness against the resurgent US Dollar—we like doing the opposite and selling into weakness. Trade Implications – Gold:...
AUDUSD – We’ve written repeatedly in favor of Australian Dollar weakness against the resurgent US namesake, and extremely one-sided retail forex sentiment leaves us plainly in...
SPX500 –There’s increasingly clear evidence that we may have seen a substantial SP 500 top, and retail CFD trader sentiment suggests this might be the start...