Connect with us
GBPJPY traded into big resistance this week from highs throughout April, May and June. The 5/23 close at 154.03 marked the exact high for the latest...
Pivot: 1.325 Our preference: Long positions above 1.325 with targets @ 1.33 1.337 in extension. Alternative scenario: Below 1.325 look for further downside with 1.3175 1.315...
Pivot: 1.535 Our preference: Long @ 1.538 with targets @ 1.543 1.5485 in extension. Alternative scenario: Below 1.535 look for further downside with 1.5295 1.526 as...
Pivot: 0.8 Our preference: Long positions above 0.8 with targets @ 0.81 0.8145 in extension. Alternative scenario: Below 0.8 look for further downside with 0.795 0.79...
Pivot: 0.9340. Our preference: SHORT positions below 0.934 with targets @ 0.9265 0.924. Alternative scenario: The upside breakout of 0.934 will open the way to 0.94...
Pivot: 1324.00 Our preference: LONG positions above 1324 with 1348 1357 as next targets. Alternative scenario: The downside penetration of 1324 will call for a slide...
Pivot: 19.70 Our preference: LONG positions above 19.7 with 20.6 20.85 as next targets. Alternative scenario: The downside penetration of 19.7 will call for 19.25 18.7....
Pivot: 1.3215. Our preference: LONG positions above 1.3215 with targets @ 1.33 1.337. Alternative scenario: The downside penetration of 1.3215 will call for a slide towards...
USD/CAD Technical Analysis – Prices are testing support at a rising trend line set from early May (now at 1.0282), a barrier reinforced by the 76.4%...
USD/CHF Technical Analysis – Prices broke through support at 0.9326, the 38.2% Fibonacci expansion, exposing the 50% level at 0.9280. A further push beneath this boundary...