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Pivot: 131.8 Our preference: Long positions above 131.8 with targets @ 132.8 133.2 in extension. Alternative scenario: Below 131.8 look for further downside with 131.25 130.75...
Pivot: 155.6 Our preference: Long positions above 155.6 with targets @ 156.75 157.3 in extension. Alternative scenario: Below 155.6 look for further downside with 154.95 154.5...
Pivot: 0.8465 Our preference: Short positions below 0.8465 with targets @ 0.8415 0.84 in extension. Alternative scenario: Above 0.8465 look for further upside with 0.848 0.85...
Recent moves have been wondrous. Next week’s trading may require more skill however. Well-constructed channel lines can help one enter trades in fast moving impulsive markets....
Pivot: 1.5600 Our preference: SHORT position below 1.56 with targets at 1.5030 or even 1.48. Alternative scenario: A break above 1.56 would call for further advance...
ASIA/EUROPE FOREX NEWS WRAP The explosive strength of the US Dollar appears to be at a near-term breathing point, with the 5-day rate of change in...
This publication attempts to further explore the concept that mass movements of human psychology, as represented by the financial markets, are subject to the mathematical laws...
Pivot: 1.2835. Our preference: LONG positions above 1.2835 with 1.293 1.2995 as next targets. Alternative scenario: The downside breakout of 1.2835 will open the way to...
Pivot: 1.015 Our preference: Long positions above 1.015 with targets @ 1.022 1.0245 in extension. Alternative scenario: Below 1.015 look for further downside with 1.013 1.0085...
Pivot: 0.8175 Our preference: Short @ 0.815 with targets @ 0.808 0.805 in extension. Alternative scenario: Above 0.8175 look for further upside with 0.821 0.8255 as...