Pivot: 93.75 Our preference: LONG positions above 93.75 with 96.7 97.3 as next targets. Alternative scenario: The downside breakout of 93.75 will open the way to...
THE TAKEAWAY: The US Dollar has mounted a recovery after sellers pushed prices to challenge the boundaries of the rising trend in place since December 2012....
Pivot: 0.9485 Our preference: Short positions below 0.9485 with targets @ 0.936 0.93 in extension. Alternative scenario: Above 0.9485 look for further upside with 0.953 0.9575...
Pivot: 0.9245 Our preference: Long positions above 0.9245 with targets @ 0.9385 0.944 in extension. Alternative scenario: Below 0.9245 look for further downside with 0.92 0.915...
Pivot: 1.318 Our preference: Long positions above 1.318 with targets @ 1.328 1.332 in extension. Alternative scenario: Below 1.318 look for further downside with 1.314 1.31...
What a difference a week makes. Last week, long USD and stocks was a crowded trade. This week…the crowd got destroyed. Was it enough to press...
Pivot: 127.65 Our preference: Long positions above 127.65 with targets @ 129.4 130.7 in extension. Alternative scenario: Below 127.65 look for further downside with 126.1 125.6...
Pivot: 1.2315 Our preference: Long positions above 1.2315 with targets @ 1.2375 1.24 in extension. Alternative scenario: Below 1.2315 look for further downside with 1.2265 1.222...
Pivot: 0.943 Our preference: Long positions above 0.943 with targets @ 0.953 0.962 in extension. Alternative scenario: Below 0.943 look for further downside with 0.936 0.93...
NZD/USD Technical Analysis– Prices are testing critical support in the 0.7884-0.7921 region marked by the 61.8% Fibonacci retracement and a rising trend line set from June...