USD/CAD Technical Strategy: Long USDCAD at 1.0323, Targeting Above 1.0451 Floating Profit / Loss: +75 pips We entered long USDCAD at 1.0323. The pair has met...
Pivot: 153.25 Our preference: Long positions above 153.25 with targets @ 154.65 155.55 in extension. Alternative scenario: Below 153.25 look for further downside with 152.85 152.3...
Pivot: 131.7 Our preference: Short positions below 131.7 with targets @ 130.85 130.35 in extension. Alternative scenario: Above 131.7 look for further upside with 132.15 132.55...
Pivot: 1.039 Our preference: Long positions above 1.039 with targets @ 1.0445 1.0465 in extension. Alternative scenario: Below 1.039 look for further downside with 1.0365 1.033...
Pivot: 0.9710. Our preference: LONG positions above 0.971 with 0.982 0.987 in sight. Alternative scenario: The downside penetration of 0.971 will call for a slide towards...
THE TAKEAWAY: The US Dollar launched a convincing recovery having found technical support but overall positioning still carries remnants of reversal risk. Capitalize on Shifts in...
Pivot: 0.971 Our preference: Long positions above 0.971 with targets @ 0.982 0.987 in extension. Alternative scenario: Below 0.971 look for further downside with 0.9635 0.9585...
Pivot: 1.0365 Our preference: Long positions above 1.0365 with targets @ 1.042 1.0445 in extension. Alternative scenario: Below 1.0365 look for further downside with 1.0325 1.0285...
Pivot: 1.0365 Our preference: Long positions above 1.0365 with targets @ 1.042 1.0445 in extension. Alternative scenario: Below 1.0365 look for further downside with 1.0325 1.0285...
Pivot: 153.25 Our preference: Long positions above 153.25 with targets @ 154.8 155.55 in extension. Alternative scenario: Below 153.25 look for further downside with 152.85 152.3...