USD/JPY Technical Analysis– Prices are testing resistance at 99.47, the 50% Fibonacci expansion. This barrier is reinforced by the psychologically significant 100.00 barrier. A break above...
EUR/USD Technical Analysis– Prices are testing support at 1.2973, the intersection of the 23.6% Fibonacci expansion and a formerly broken falling trend line. The pullback appears...
Pivot: 1418.00 Our preference: LONG positions above 1418 with targets @ 1458 1473. Alternative scenario: The downside penetration of 1418 will call for 1391 1363. Comment:...
Pivot: 1.0245 Our preference: Long positions above 1.0245 with targets @ 1.0355 1.0395 in extension. Alternative scenario: Below 1.0245 look for further downside with 1.0215 1.02...
Pivot: 0.8465 Our preference: Long positions above 0.8465 with targets @ 0.854 0.859 in extension. Alternative scenario: Below 0.8465 look for further downside with 0.844 0.841...
Pivot: 1.026 Our preference: Short positions below 1.026 with targets @ 1.0225 1.02 in extension. Alternative scenario: Above 1.026 look for further upside with 1.028 1.03...
THE TAKEAWAY: The US Dollar is pulling back after finding resistance at the March swing high while the SP 500 looks poised for another challenge of...
Daily Bars Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: The USDOLLAR has...
Daily Bars Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? Commodity Analysis: The clean...
Daily Bars Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: It is possible...