USD/CAD Technical Strategy: Flat Prices are correcting lower from resistance at 1.0284, the 38.2% Fibonacci expansion, to retest the top of a formerly broken falling channel...
Pivot: 1.3050. Our preference: SHORT positions below 1.305 with 1.2995 1.297 as next targets. Alternative scenario: The upside penetration of 1.305 will call for 1.3085 1.313....
Pivot: 1.0335 Our preference: Short positions below 1.0335 with targets @ 1.0285 1.0265 in extension. Alternative scenario: Above 1.0335 look for further upside with 1.0355 1.0395...
Pivot: 1448.00 Our preference: LONG positions above 1448 with 1507 1539 as next targets. Alternative scenario: The downside penetration of 1448 will call for 1418 1404....
Pivot: 91.10 Our preference: LONG positions above 91.1 with 94.3 95.1 in sight. Alternative scenario: The downside breakout of 91.1 will open the way to 90.3...
THE TAKEAWAY: The US Dollar faltered at resistance marked by the March swing high while the SP 500 is extending gains and eyes a challenge of...
Daily Bars Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? Commodity Analysis: Wrote yesterday...
Daily Bars Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: No change: “The...
DailyBars Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: The USDCHF has responded...
DailyBars Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: The EURUSD has been...