Pivot: 1.026 Our preference: Short positions below 1.026 with targets @ 1.0195 1.0165 in extension. Alternative scenario: Above 1.026 look for further upside with 1.0285 1.03...
Pivot: 1.5605 Our preference: Short positions below 1.5605 with targets @ 1.547 1.5445 in extension. Alternative scenario: Above 1.5605 look for further upside with 1.5675 1.574...
Pivot: 1.0045 Our preference: Long positions above 1.0045 with targets @ 1.01 1.0125 in extension. Alternative scenario: Below 1.0045 look for further downside with 1.0015 0.9995...
EURUSD – An aggressive turnaround in the Euro has been met with a similarly pronounced shift in forex trading crowd positions, and our sentiment-based strategies have...
Gold–Retail forex traders remain short Gold versus the US Dollar (ticker: USDOLLAR) for the second-consecutive trading week for the first time since it traded near $1800—we...
AUDUSD – Forex trading crowds have aggressively bought into Australian Dollar weakness versus the US Dollar, and our contrarian trading systems have sold AUDUSD in anticipation...
GBPUSD – Aggressive forex crowd selling led our sentiment-based Momentum2 system to buy the British Pound versus the US Dollar, but a GBPUSD stall at critical...
Japanese Yen – The Japanese Yen continues to trade mostly sideways after several months of explosive declines, and choppy crowd sentiment suggests it could remain range-bound...
SPX500 –At the risk of sounding repetitive, retail CFD speculators remain aggressively short the SPX500 contract and we maintain our contrarian forecasts for further record-peaks. Trade...
Our sentiment-based strategies got caught on the wrong side of an important Euro sell-off and US Dollar (ticker: USDOLLAR) bounce, and indeed we see early signs...