Pivot: 94.65 Our preference: SHORT positions below 94.65 with 92 91.1 in sight. Alternative scenario: The upside breakout of 94.65 will open the way to 96.15...
Pivot: 127.85 Our preference: Long positions above 127.85 with targets @ 128.8 129.4 in extension. Alternative scenario: Below 127.85 look for further downside with 127.15 126.9...
Pivot: 0.8535 Our preference: Long positions above 0.8535 with targets @ 0.859 0.8625 in extension. Alternative scenario: Below 0.8535 look for further downside with 0.85 0.847...
Pivot: 1.0325 Our preference: Long positions above 1.0325 with targets @ 1.037 1.0395 in extension. Alternative scenario: Below 1.0325 look for further downside with 1.0295 1.028...
Pivot: 98.45 Our preference: Short positions below 98.45 with targets @ 97.2 96.55 in extension. Alternative scenario: Above 98.45 look for further upside with 98.95 99.6...
ASIA/EUROPE FOREX NEWS WRAP Despite pleas from policymakers that growth would return to the Euro-zone “later in the year,” there are very few signs to support...
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...
EUR/GBP Technical Analysis – Prices appear to be carving out a Triangle chart formation, which may be broadly indicative of bullish continuation (although confirmation is required...
US Dollar Technical Analysis– Prices pulled back from resistance in the 10547-76 area, marked by the 23.6% Fibonacci expansion and the March 11 high, to test...
GBP/JPY Technical Analysis– Prices are inching lower as expected after putting in a Bearish Engulfing candlestick pattern below resistance at 153.85, the April 11 swing high....