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Pivot: 1.302 Our preference: Long positions above 1.302 with targets @ 1.3115 1.315 in extension. Alternative scenario: Below 1.302 look for further downside with 1.2985 1.295...
Pivot: 1.028 Our preference: Long positions above 1.028 with targets @ 1.0355 1.0395 in extension. Alternative scenario: Below 1.028 look for further downside with 1.026 1.0235...
Pivot: 98.3 Our preference: Long positions above 98.3 with targets @ 99.4 99.65 in extension. Alternative scenario: Below 98.3 look for further downside with 97.95 97.6...
Pivot: 0.9275 Our preference: Long positions above 0.9275 with targets @ 0.934 0.9365 in extension. Alternative scenario: Below 0.9275 look for further downside with 0.924 0.9205...
Article summary: Sharp swings in US Dollar and Japanese Yen pairs have made for difficult trading conditions, but we believe our sentiment-based strategies may do well...
THE TAKEAWAY: The US Dollar and SP 500 continue to probe at key technical barriers but a clear-cut breakout remains elusive for now. US DOLLAR TECHNICAL...
ASIA/EUROPE FOREX NEWS WRAP Risk appetite has improved in the overnight with high beta currencies and riskier assets finding firming footing in the wake of Japanese...
US Dollar Technical Analysis– Prices continue to consolidate in a choppy range below resistance at 10547, the 23.6% Fibonacci expansion. A break above that aims for...
AUD/USD Technical Analysis– Prices turned lower as expected, with sellers now testing support at 1.0293 marked by the 61.8% Fibonacci retracement. A break below that aims...
USD/CHF Technical Analysis– Prices put in a Bullish Engulfing candlestick pattern above the 0.92 figure, hinting a reversal higher is ahead. Near-term resistance is at 0.9334,...