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ASIA/EUROPE FOREX NEWS WRAP Last week’s major theme for this article was the intriguing discrepancies of Chinese data, in such that there was good reason to...
THE TAKEAWAY: The US Dollar has found fuel for a recovery from support as gold, crude oil and the SP 500 are accelerating downward to start...
Pivot: 1478.00 Our preference: SHORT positions below 1478 with 1425 1410 as next targets. Alternative scenario: The upside penetration of 1478 will call for a rebound...
Pivot: 0.8505. Our preference: LONG positions above 0.8505 with 0.855 0.8565 in sight. Alternative scenario: The downside breakout of 0.8505 will open the way to 0.8485...
Pivot: 1.2175 Our preference: Short positions below 1.2175 with targets @ 1.213 1.21 in extension. Alternative scenario: Above 1.2175 look for further upside with 1.219 1.221...
Pivot: 1.0125 Our preference: Long positions above 1.0125 with targets @ 1.02 1.0235 in extension. Alternative scenario: Below 1.0125 look for further downside with 1.0105 1.008...
Pivot: 28.00 Our preference: Below 28, look for further downside with 23 as next target. Alternative scenario: An upside breakout of 28 would open the way...
Pivot: 1.541 Our preference: Short positions below 1.541 with targets @ 1.5285 1.5245 in extension. Alternative scenario: Above 1.541 look for further upside with 1.545 1.55...
Pivot: 1.008 Our preference: Long positions above 1.008 with targets @ 1.0175 1.02 in extension. Alternative scenario: Below 1.008 look for further downside with 1.006 1.004...
Pivot: 0.859 Our preference: Short positions below 0.859 with targets @ 0.85 0.8465 in extension. Alternative scenario: Above 0.859 look for further upside with 0.8635 0.868...