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Pivot: 0.9705 Our preference: Short positions below 0.9705 with targets @ 0.9595 0.9555 in extension. Alternative scenario: Above 0.9705 look for further upside with 0.9735 0.9795...
Pivot: 1.0315 Our preference: Long positions above 1.0315 with targets @ 1.042 1.045 in extension. Alternative scenario: Below 1.0315 look for further downside with 1.0245 1.0215...
Pivot: 0.853 Our preference: Long @ 0.8545 with targets @ 0.859 0.86 in extension. Alternative scenario: Below 0.853 look for further downside with 0.851 0.849 as...
Pivot: 95.00 Our preference: SHORT positions below 95 with 92.4 91.4 in sight. Alternative scenario: The upside penetration of 95 will call for 96.2 96.7. Comment:...
Pivot: 102.6 Our preference: Long positions above 102.6 with targets @ 103.8 104.2 in extension. Alternative scenario: Below 102.6 look for further downside with 102.05 101.85...
THE TAKEAWAY: The US Dollar and the SP 500 may struggle to find meaningful upward follow-through having set year-to-date highs over the past 24 hours. US...
Pivot: 1.0315 Our preference: Long positions above 1.0315 with targets @ 1.039 1.042 in extension. Alternative scenario: Below 1.0315 look for further downside with 1.0245 1.0215...
Pivot: 0.853 Our preference: Long positions above 0.853 with targets @ 0.859 0.86 in extension. Alternative scenario: Below 0.853 look for further downside with 0.851 0.849...
Pivot: 1.2555 Our preference: Long positions above 1.2555 with targets @ 1.264 1.2665 in extension. Alternative scenario: Below 1.2555 look for further downside with 1.251 1.248...
GBP/USD Technical Strategy: Short at 1.5536, Targeting Below 1.5029 Floating Profit / Loss: +512 pips We entered short GBPUSD at 1.5533. Prices have now met our...