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...
n the commodity market, oil prices are retreating amid worries that the surging number of COVID cases will maintain the tough restrictions in many regions worldwide. While crude prices departed from their nine-month peaks, they’re set to end the week higher for the seventh straight week...
