THE TAKEAWAY: US Dollar technical positioning warns a turn lower may be ahead, with testimony from Ben Bernanke and May’s FOMC minutes lining up as possible...
ASIA/EUROPE FOREX NEWS WRAP The past several hours have produced increased volatility across the board, though the clear winner today – simply because of a lack...
Pivot: 22.05 Our preference: LONG positions above 22.05 with 23.2 23.8 as next targets. Alternative scenario: The downside penetration of 22.05 will call for 21.7 21.3....
Pivot: 1359.00 Our preference: LONG positions above 1359 with 1401 1419 as next targets. Alternative scenario: The downside penetration of 1359 will call for 1336 1322....
Pivot: 22.05 Our preference: LONG positions above 22.05 with 23.2 23.8 in sight. Alternative scenario: The downside penetration of 22.05 will call for 21.7 21.3. Comment:...
Pivot: 1.251 Our preference: Long positions above 1.251 with targets @ 1.257 1.26 in extension. Alternative scenario: Below 1.251 look for further downside with 1.249 1.247...
Pivot: 131.95 Our preference: Long positions above 131.95 with targets @ 132.9 133.2 in extension. Alternative scenario: Below 131.95 look for further downside with 131.6 131.25...
Pivot: 95.45 Our preference: LONG positions above 95.45 with targets @ 96.7 97.35. Alternative scenario: The downside penetration of 95.45 will call for 94.7 93.5. Comment:...
Pivot: 1359.00 Our preference: LONG positions above 1359 with 1401 1419 as next targets. Alternative scenario: The downside penetration of 1359 will call for a slide...
Pivot: 102.90. Our preference: SHORT positions below 102.9 with targets @ 102.05 101.85. Alternative scenario: The upside penetration of 102.9 will call for 103.3 103.7. Comment:...