Our preference: as long as 1.3288 is support look for 1.3357.
Our preference: as long as 1.3288 is support look for 1.3357.
Our preference: as long as 0.8837 is support look for 0.8893.
The MACD is positive and below its signal line.
The MACD is positive and below its signal line.
Long positions above 100.9500 with targets at 101.4500 & 101.6000 in extension.
Alternative scenario: the upside breakout of 166.25 would call for 166.88 and 167.25.
Alternative scenario: above 0.6317, look for 0.6347 and 0.6364.
Our preference: the upside prevails as long as 1.3235 is support.
Alternative scenario: the upside breakout of 90.12 would call for 90.55 and 90.81.
The configuration is positive.
Our preference: the downside prevails as long as 147.14 is resistance.
The MACD is positive and above its signal line.
Alternative scenario: the upside breakout of 0.6314 would call for 0.6344 and 0.6361.
Alternative scenario: the upside breakout of 0.5611 would call for 0.5635 and 0.5650.
Alternative scenario: the upside breakout of 83.62 would call for 83.98 and 84.20.
Shifting expectations surrounding Fed rate hikes remain the primary driver of financial markets. Yet...
Short positions below 101.1000 with targets at 100.7000 & 100.6000 in extension.
Short positions below 1.3375 with targets at 1.3290 & 1.3260 in extension.
Long positions above 1.2510 with targets at 1.2560 & 1.2580 in extension.
Short positions below 0.8905 with targets at 0.8860 & 0.8840 in extension.
Alternative scenario: the downside breakout of 0.9807 would call for 0.9782 and 0.9767.
Short positions below 101.1000 with targets at 100.7000 & 100.6000 in extension.
Short positions below 1.3375 with targets at 1.3290 & 1.3260 in extension.
Short positions below 1.3375 with targets at 1.3290 & 1.3260 in extension.
Long positions above 0.6760 with targets at 0.6800 & 0.6820 in extension.
Short positions below 0.8905 with targets at 0.8860 & 0.8840 in extension.
Short positions below 132.80 with targets at 132.00 & 131.75 in extension.
Long positions above 1.2510 with targets at 1.2560 & 1.2580 in extension.