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EUR/USD Technical Analysis – Prices continue to test resistance at a falling trend line set from February, now at 1.3335. Negative RSI divergence argues in favor...
NZD/USD Technical Analysis – Prices broke above resistance at 0.7914, exposing a falling trend line set from early April (now at 0.8032). This barrier is reinforced...
EUR/JPY Technical Analysis – Prices are testing support at 128.31, the 50% Fibonacci expansion, with a break confirmed on a daily closing basis exposing the 61.8%...
GBP/JPY Technical Analysis – Prices pulled back after retesting support-turned-resistance at a rising trend line set from mid-June. Sellers are now poised to test support at...
AUD/USD Technical Analysis – Prices bounced as expected after putting in a Hammer candlestick above resistance-turned-support at the top of a falling channel set from April....
USD/JPY Technical Analysis – Prices took out support at 96.55, the 50%Fibonacci expansion, to expose the 61.8% level at 95.37. This barrier is reinforced by a...
USD/CAD Technical Analysis – Prices are testing resistance at 1.0425, the 38.2%Fibonacci expansion, with a break above that targeting the 50% level at 1.0481. Near-term support...
GBP/USD Technical Analysis – Prices are testing resistance at 1.5485, the 61.8% Fibonacci expansion, with a break above that targeting a falling trend line set from...
US Dollar Technical Analysis– Prices took out support at a rising trend line set from mid-June, with sellers now aiming to challenge the 61.8% Fibonacci expansion...
THE TAKEAWAY: The US Dollar and the SP 500 continue to decline in tandem, with the stock index down for a third day as the benchmark...