Pivot: 91.10 Our preference: LONG positions above 91.1 with targets @ 93.4 95.1. Alternative scenario: The downside penetration of 91.1 will call for a slide towards...
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...
SPX500 –Forex markets have been exceedingly choppy as of late, but stock indices continue marching to the beat of their own drummer. Heavily one-sided retail sentiment...
EURUSD – Exceedingly choppy Euro price action versus the US Dollar (ticker: USDOLLAR) has forced similar indecision in retail forex trading sentiment, but the fact that...
Japanese Yen – The Japanese Yen has traded mostly sideways after setting multi-year lows (USDJPY highs). Our retail forex-based sentiment indicator continues to call for JPY...
AUDUSD – US Dollar (ticker: USDOLLAR) price action remains choppy across the board, but the fact that retail forex traders remain long AUDUSD despite its recent...
Gold–A substantial shift in retail forex trading positioning leaves our proprietary Speculative Sentiment Index indicator short Gold versus the US Dollar (ticker: USDOLLAR) for the first...
GBPUSD – Retail forex trading crowds have aggressively sold the British Pound against the US Dollar as UK GDP data sparked a substantial rally. Our forecasts...
Our sentiment-based strategies have had a difficult week of trading on choppy market conditions, but a view of the forest from the trees leaves us mostly...
US Dollar Technical Analysis– Prices are pulling back from resistance in the 10547-76 area, marked by the 23.6% Fibonacci expansion and the March 11 high.Near-term support...