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ASIA/EUROPE FOREX NEWS WRAP The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) is down on the first trading day of June, as further weakness in Japanese...
Pivot: 1.303 Our preference: Short positions below 1.303 with targets @ 1.295 1.2915 in extension. Alternative scenario: Above 1.303 look for further upside with 1.306 1.309...
Pivot: 22.63 Our preference: SHORT positions below 22.63 with 22.15 21.95 as next targets. Alternative scenario: The upside breakout of 22.63 will open the way to...
Pivot: 101.30. Our preference: SHORT positions @ 101.15 with targets @ 100.1 99.7. Alternative scenario: The upside penetration of 101.3 will call for a rebound towards...
THE TAKEAWAY: US Dollar technical positioning hints prices are vulnerable to deeper losses. Meanwhile, the SP 500 has edged past the first layer of key chart...
Pivot: 1.3030. Our preference: SHORT positions below 1.303 with targets @ 1.295 1.2915. Alternative scenario: The upside penetration of 1.303 will call for 1.306 1.309. Comment:...
Pivot: 1.238 Our preference: Long positions above 1.238 with targets @ 1.246 1.249 in extension. Alternative scenario: Below 1.238 look for further downside with 1.235 1.231...
Pivot: 101.3 Our preference: Short positions below 101.3 with targets @ 100.1 99.7 in extension. Alternative scenario: Above 101.3 look for further upside with 101.8 102.2...
Pivot: 153.6 Our preference: Short positions below 153.6 with targets @ 152.3 151.9 in extension. Alternative scenario: Above 153.6 look for further upside with 154.05 154.65...
Pivot: 1.515 Our preference: Long positions above 1.515 with targets @ 1.524 1.526 in extension. Alternative scenario: Below 1.515 look for further downside with 1.511 1.507...