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GBP/JPY Technical Analysis – Prices are drifting sideways above support at 148.76, the July 10 low. A break below that aims for the August 8 bottom...
EUR/JPY Technical Analysis – Prices continue to test support at 128.31, the 50% Fibonacci expansion. Near-term resistance is marked by the 38.2% level at 129.35. A...
USD/CHF Technical Analysis – Prices are bouncing from support at a rising trend line set from February. Initial resistance is at 0.9309, the 23.6% Fibonacci retracement,...
EUR/USD Technical Analysis – Prices are turning lower after putting in a bearish Dark Cloud Cover candlestick pattern below resistance in the 1.3411-16 area, marked by...
GBP/USD Technical Analysis – Prices put in a bearish Dark Cloud Cover candlestick pattern below falling trend line resistance set from mid-December 2012, hinting a move...
USD/JPY Gold rebound off key support levels while GBP/USD fails at a familiar Gann level. The EUR/USD cyclical picture should clear up over the next 48...
THE TAKEAWAY: The US Dollar has found interim support after six consecutive days of selling while the SP 500 has slipped back below the May swing...
AUD/USD Technical Strategy: Long at 0.9189, Targeting 0.9640 Prices bounced as expected, with a pronounced bullish Piercing Line candlestick pattern on the weekly chart hinting at...
Aussie strength coupled with Loonie weakness has caused the AUDCAD to run far and fast to the upside, but with the charts signaling exhaustion, a near-term...
The USDOLLAR took a hit this week, trading to its lowest level since 6/19 (FOMC). Aside from the psychological and volume impact that the 6/19 close...