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Pivot: 18.20 Our preference: neutral between 18.2 and 22.5. A break above 22.5 would call for 24.8 and 26.6 in extension. An downside breakout of 18.2...
Pivot: 128.85 Our preference: Short positions below 128.85 with targets @ 127.9 127.45 in extension. Alternative scenario: Above 128.85 look for further upside with 129.75 130.15...
Pivot: 96.90. Our preference: SHORT positions below 96.9 with 95.7 95.15 as next targets. Alternative scenario: The upside breakout of 96.9 will open the way to...
Pivot: 149.7 Our preference: Short positions below 149.7 with targets @ 148.8 148.2 in extension. Alternative scenario: Above 149.7 look for further upside with 150.2 150.65...
Pivot: 20.45 Our preference: LONG positions above 20.45 with 21.3 21.5 in sight. Alternative scenario: The downside penetration of 20.45 will call for a slide towards...
Pivot: 103.55 Our preference: LONG positions above 103.55 with 106.2 107.75 in sight. Alternative scenario: The downside penetration of 103.55 will call for 102.25 100.6. Comment:...
AUD/USD Technical Strategy: Long at 0.9189, Targeting 0.9640 Prices bounced as expected, with a pronounced bullish Piercing Line candlestick pattern on the weekly chart hinting at...
Aussie strength coupled with Loonie weakness has caused the AUDCAD to run far and fast to the upside, but with the charts signaling exhaustion, a near-term...
Pivot: 0.9125 Our preference: Long positions above 0.9125 with targets @ 0.9255 0.929 in extension. Alternative scenario: Below 0.9125 look for further downside with 0.909 0.904...
The USDOLLAR took a hit this week, trading to its lowest level since 6/19 (FOMC). Aside from the psychological and volume impact that the 6/19 close...