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Pivot: 150.8 Our preference: Long positions above 150.8 with targets @ 152.2 152.8 in extension. Alternative scenario: Below 150.8 look for further downside with 150.4 149.9...
Pivot: 24.05 Our preference: SHORT positions below 24.05 with 23.05 22.6 as next targets. Alternative scenario: The upside breakout of 24.05 will open the way to...
Pivot: 1.0065 Our preference: Long positions above 1.0065 with targets @ 1.01 1.0125 in extension. Alternative scenario: Below 1.0065 look for further downside with 1.0045 1.0015...
Pivot: 127.85 Our preference: Long positions above 127.85 with targets @ 128.9 129.4 in extension. Alternative scenario: Below 127.85 look for further downside with 127.5 127.15...
”Cycle from 4.24.2013 low is nearing completion and we expect 1.236 ext (1.3259) to hold for a corrective pull back before rally resumes.” – Eric Morera,...
Pivot: 0.8400 Our Preference: LONG above 0.84 with targets @ 0.8590 0.87. Alternative Scenario: Below 0.84 aim @ 0.8340. Comment: the pair is rebounding on its...
Pivot: 1.5150 Our preference: LONG position above 1.5150 with targets at 1.56 or even 1.57. Alternative scenario: A break below 1.5150 would call for further weakness...
Pivot: 1.0050 Our Preference: Long position above1.0050 with 1.0340 1.0450 in sight. Alternative Scenario: Below 1.0050 look for further downside to 0.9805. Comment: the pair is...
US Dollar Technical Analysis– Prices broke support at a rising trend line set from late February to challenge the 10424-28 area marked by the 23.6% Fibonacci...
ASIA/EUROPE FOREX NEWS WRAP The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) is in the midst of its sixth consecutive day of declines ahead of the...