GBP/USD Technical Analysis – Prices are testing above falling trend line set from mid-December 2012, now at 1.5562, to challenge the 38.2% Fibonacci expansion at 1.5602....
US Dollar Technical Analysis– Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern. A break above initial resistance at 10735, the 23.6% Fibonacci...
USD/JPY Technical Analysis – Prices are pushing higher after putting in a Bullish Engulfing candlestick pattern. A break above resistance at 97.63, the 23.6% Fibonacci expansion,...
USD/CHF Technical Analysis – Prices bounced from support at a rising trend line set from February, taking out resistance is at 0.9309 marked by the 23.6%...
EUR/USD Technical Analysis – Prices are rebounding from support at 1.3244, the 23.6% Fibonacci expansion, to retest the underside of a broken Rising Wedge chart formation...
THE TAKEAWAY: The SP 500 has dropped below key chart support, hinting a larger downward reversal may be in progress. A sharp two-day rebound in the...
Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? FOREXAnalysis: No change – “The USDJPY found support at...
Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? FOREXAnalysis: The sharp drop into Friday’s low could complete...
Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? FOREXAnalysis: The GBPUSD formed an outside (more on that...
Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? Commodity Analysis: No change – “Keep in mind that...