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Pivot: 0.977 Our preference: Short positions below 0.977 with targets @ 0.967 0.96 in extension. Alternative scenario: Above 0.977 look for further upside with 0.982 0.985...
Pivot: 0.812 Our preference: Short positions below 0.812 with targets @ 0.805 0.801 in extension. Alternative scenario: Above 0.812 look for further upside with 0.8175 0.821...
Pivot: 155.6 Our preference: Long positions above 155.6 with targets @ 156.75 157.3 in extension. Alternative scenario: Below 155.6 look for further downside with 154.95 154.5...
Pivot: 22.10 Our preference: SHORT positions below 22.1 with 20.65 20.2 as next targets. Alternative scenario: The upside penetration of 22.1 will call for 22.8 23.05....
Pivot: 131.8 Our preference: Long positions above 131.8 with targets @ 132.8 133.2 in extension. Alternative scenario: Below 131.8 look for further downside with 131.25 130.75...
Pivot: 0.8465 Our preference: Short positions below 0.8465 with targets @ 0.8415 0.84 in extension. Alternative scenario: Above 0.8465 look for further upside with 0.848 0.85...
Pivot: 155.6 Our preference: Long positions above 155.6 with targets @ 156.75 157.3 in extension. Alternative scenario: Below 155.6 look for further downside with 154.95 154.5...
Recent moves have been wondrous. Next week’s trading may require more skill however. Well-constructed channel lines can help one enter trades in fast moving impulsive markets....
Pivot: 1.5600 Our preference: SHORT position below 1.56 with targets at 1.5030 or even 1.48. Alternative scenario: A break above 1.56 would call for further advance...
ASIA/EUROPE FOREX NEWS WRAP The explosive strength of the US Dollar appears to be at a near-term breathing point, with the 5-day rate of change in...