Summary: The Australian Dollar has tumbled despite record-highs in the SP 500. Is the Aussie currency the canary in the coal mine, and does it point...
Pivot: 0.814 Our preference: Long positions above 0.814 with targets @ 0.821 0.8255 in extension. Alternative scenario: Below 0.814 look for further downside with 0.8105 0.8055...
Pivot: 131.95 Our preference: Long positions above 131.95 with targets @ 132.55 132.9 in extension. Alternative scenario: Below 131.95 look for further downside with 131.6 131.25...
Pivot: 1.2835. Our preference: LONG positions above 1.2835 with targets @ 1.29 1.293. Alternative scenario: The downside penetration of 1.2835 will call for a slide towards...
Pivot: 95.45 Our preference: LONG positions above 95.45 with targets @ 97.35 98.2. Alternative scenario: The downside breakout of 95.45 will open the way to 94.7...
Pivot: 0.8465 Our preference: Long positions above 0.8465 with targets @ 0.85 0.8515 in extension. Alternative scenario: Below 0.8465 look for further downside with 0.8435 0.8415...
Pivot: 0.975 Our preference: Long positions above 0.975 with targets @ 0.985 0.988 in extension. Alternative scenario: Below 0.975 look for further downside with 0.9705 0.967...
Pivot: 156.5 Our preference: Short positions below 156.5 with targets @ 155.35 154.95 in extension. Alternative scenario: Above 156.5 look for further upside with 157.15 157.4...
ASIA/EUROPE FOREX NEWS WRAP The US Dollar is the top performer once again as Asian traders happily lapped up the world’s reserve currency following the Monday...
This publication attempts to further explore the concept that mass movements of human psychology, as represented by the financial markets, are subject to the mathematical laws...