Pivot (invalidation): 0.8845 Our preference Long positions above 0.8845 with targets at 0.8880 & 0.8895 in extension. Alternative scenario...
Pivot (invalidation): 103.25 Our preference Long positions above 103.25 with targets at 103.60 & 103.75 in extension. Alternative scenario...
Our preference Short positions below 1.3460 with targets at 1.3365 & 1.3320 in extension. Alternative scenario Above 1.3460 look for further upside with 1.3500 & 1.3535 as targets...
Pivot (invalidation): 1.2250 Our preference Short positions below 1.2250 with targets at 1.2210 & 1.2180 in extension. Alternative scenario...
At the start of today's European session, S&P 500 futures are traded near 3630.0, 100 pips below the local and all-time high of 3730.0 reached late last week...
First, a review of last week’s events: - EUR/USD . According to Bank of America Merrill Lynch, the most popular strategy in the market after “buy shares” is “sell the dollar”. Speculative short positions in this currency have risen to a two-year high...
The USD / CAD, which increased by 0.35% today, to the current mark of 1.2763 (see " Technical analysis and recommendations") , retains its downward trend, primarily due to the weakness of the US dollar...
