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Pivot: 1.523 Our preference: Long positions above 1.523 with targets @ 1.533 1.538 in extension. Alternative scenario: Below 1.523 look for further downside with 1.519 1.516...
Pivot: 1399.00 Our preference: SHORT positions below 1399 with 1370 1346 as next targets. Alternative scenario: The upside penetration of 1399 will call for a rebound...
Pivot: 94.05 Our preference: LONG positions above 94.05 with targets @ 95.6 96.2. Alternative scenario: The downside penetration of 94.05 will call for 93.25 92.1. Comment:...
Japanese Yen – There are countless warning signs that the Japanese Yen could soon bounce (USDJPY, EURJPY weaken), but retail traders remain aggressively long JPY and...
Gold–Retail forex traders have bought aggressively into Gold price weakness against the US Dollar (ticker: USDOLLAR). We think gold has further room to fall. Trade Implications...
GBPUSD – Retail FX crowds continue buying aggressively into British Pound tumbles, and our sentiment-based trading strategies remain positioned for further declines. Trade Implications – GBPUSD:...
AUDUSD – Retail forex traders recently hit their most long AUDUSD on our record books, and our sentiment-based trading strategies continue selling enthusiastically into Australian Dollar...
SPX500 –The SPX500 continues to hit record-highs with such frequency to become boring, but it’s this sense of complacency that warns we’re much closer to a...
EURUSD – Retail forex traders have bought aggressively into Euro weakness and sold into US Dollar strength—we remain plainly in favor of continued EURUSD declines. Trade...
What a difference a week makes. Retail FX traders went from buying aggressively into Dollar weakness to being universally short USD across the board. We like...