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Pivot: 1.036 Our preference: Short positions below 1.036 with targets @ 1.027 1.0245 in extension. Alternative scenario: Above 1.036 look for further upside with 1.039 1.042...
AUDUSD – We’ve written repeatedly in favor of Australian Dollar weakness against the resurgent US namesake, and extremely one-sided retail forex sentiment leaves us plainly in...
Gold–Retail FX crowds continue buying into Gold price weakness against the resurgent US Dollar—we like doing the opposite and selling into weakness. Trade Implications – Gold:...
GBPUSD – The British Pound continues to hit lows and retail forex trading crowds remain heavily net-long—we see plenty of room for further GBPUSD declines. Trade...
SPX500 –There’s increasingly clear evidence that we may have seen a substantial SP 500 top, and retail CFD trader sentiment suggests this might be the start...
EURUSD – Retail forex traders have recently been selling into Euro strength against the otherwise-resurgent US Dollar—normally enough to make us bullish. But we still generally...
Japanese Yen – Wow. We’ll be the first to admit when we’ve gotten it wrong, but we couldn’t have been clearer in our preferences for a...
We’ll be the first to admit when we’re wrong, but our retail sentiment-based predictions have been on point as we’ve called for major USD strength. What...
Pivot: 0.803 Our preference: Long positions above 0.803 with targets @ 0.8115 0.8175 in extension. Alternative scenario: Below 0.803 look for further downside with 0.8005 0.796...
Pivot: 1.2825. Our preference: LONG positions above 1.2825 with targets @ 1.29 1.2935. Alternative scenario: The downside penetration of 1.2825 will call for 1.279 1.2745. Comment:...