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Pivot: 1.0235 Our preference: Long positions above 1.0235 with targets @ 1.029 1.034 in extension. Alternative scenario: Below 1.0235 look for further downside with 1.02 1.0185...
Pivot: 0.9560 Our preference: Down move expected towards 0.9150 0.9030. Alternative scenario: An upside breakout of 0.9560 would call for further advance to 0.9750. Comment: the...
Pivot: 1550. Our Preference: Bearish below 1550 with targets @ 1300 1265 in extension. Alternative scenario: An upside breakout of 1550 would open the way towards...
Pivot: 28.00 Our preference: Below 28, look for further downside with 21.3 19.55 as next targets. Alternative scenario: An upside breakout of 28 would open the...
Pivot: 94.85 Our Preference: Bearish below 94.85 with targets @ 84 77.3 in extension. Alternative Scenario: Above 94.85 eye a bounce towards 98.1 and 100.6 in...
ASIA/EUROPE FOREX NEWS WRAP The US Dollar is the top performer in the overnight session as it appears that confidence among investors seeking high beta currencies...
Pivot: 1.0415 Our preference: Short positions below 1.0415 with targets @ 1.031 1.0285 in extension. Alternative scenario: Above 1.0415 look for further upside with 1.0475 1.052...
Pivot: 1.026 Our preference: Short positions below 1.026 with targets @ 1.0185 1.015 in extension. Alternative scenario: Above 1.026 look for further upside with 1.028 1.0295...
THE TAKEAWAY: The US Dollar remains locked in choppy consolidation while gold and the SP 500 have found interim support after sharp losses earlier in the...
Pivot: 22.90 Our preference: LONG positions above 22.9 with 24.35 24.85 as next targets. Alternative scenario: The downside penetration of 22.9 will call for 22 20.25....