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GBPUSD – Retail FX crowds continue buying aggressively into British Pound tumbles, and our sentiment-based trading strategies remain positioned for further declines. Trade Implications – GBPUSD:...
EURUSD – Retail forex traders have bought aggressively into Euro weakness and sold into US Dollar strength—we remain plainly in favor of continued EURUSD declines. Trade...
What a difference a week makes. Retail FX traders went from buying aggressively into Dollar weakness to being universally short USD across the board. We like...
Pivot: 1.242 Our preference: Long positions above 1.242 with targets @ 1.248 1.2525 in extension. Alternative scenario: Below 1.242 look for further downside with 1.2385 1.235...
Pivot: 93.25 Our preference: LONG positions above 93.25 with 94.5 95.6 as next targets. Alternative scenario: The downside penetration of 93.25 will call for 92.1 91.4....
ASIA/EUROPE FOREX NEWS WRAP The commodity currency bloc continued its tumble versus the European currencies and the US Dollar overnight, with the Australian and New Zealand...
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...
Pivot: 0.8175 Our preference: Long positions above 0.8175 with targets @ 0.827 0.8315 in extension. Alternative scenario: Below 0.8175 look for further downside with 0.8145 0.8105...
Pivot: 23.05 Our preference: SHORT positions below 23.05 with targets @ 22.45 22. Alternative scenario: The upside breakout of 23.05 will open the way to 23.5...
Pivot: 0.8465 Our preference: Short positions below 0.8465 with targets @ 0.843 0.8415 in extension. Alternative scenario: Above 0.8465 look for further upside with 0.848 0.85...