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US Dollar Technical Analysis– Prices pulled back to test support at 10772, the 14.6%Fibonacci expansion. This barrier is reinforced by a rising trend line set from...
EUR/USD Technical Analysis – Prices recoiled from resistance at a falling trend line set from February, taking out upward-sloping support underpinning the pair from mid-July to...
Pivot: 1.3265 Our preference: Long positions above 1.3265 with targets @ 1.3315 1.3345 in extension. Alternative scenario: Below 1.3265 look for further downside with 1.323 1.3195...
Pivot: 1.3265. Our preference: LONG positions above 1.3265 with targets @ 1.3345 1.338. Alternative scenario: The downside penetration of 1.3265 will call for a slide towards...
Pivot: 0.8905 Our preference: Long positions above 0.8905 with targets @ 0.901 0.9075 in extension. Alternative scenario: Below 0.8905 look for further downside with 0.8845 0.881...
Pivot: 1.227 Our preference: Long positions above 1.227 with targets @ 1.2355 1.239 in extension. Alternative scenario: Below 1.227 look for further downside with 1.2235 1.2215...
THE TAKEAWAY: The US Dollar has descended test support guiding the uptrend since mid-June. The SP 500 pulled back, validating bearish chart clues. Don’t have access...
Pivot: 1297.00 Our preference: SHORT positions below 1297 with targets @ 1266 1244. Alternative scenario: The upside breakout of 1297 will open the way to 1307...
Pivot: 129.7 Our preference: Long positions above 129.7 with targets @ 130.9 131.55 in extension. Alternative scenario: Below 129.7 look for further downside with 129.3 128.85...
4Hour Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? FOREXAnalysis: “The range of a bit more than 300...