Connect with us
THE TAKEAWAY: The US Dollar corrected lower but overall positioning continues to favor the upside. SP 500 technical positioning hints a turn lower may be ahead....
The 10 year Treasury Note and 30 year Treasury Bond are at support while the SP 500 is at resistance (and has been for weeks). The...
EUR/GBP Technical Analysis – Prices rebounded as expected after putting in a bullish Piercing Line candlestick pattern. The pair is now testing back below resistance-turned-support at...
USD/CHF Technical Analysis – Prices broke higher, completing a bullish Falling Wedge chart pattern and exposing the 23.6% Fibonacci expansion at 0.9374. A break above this...
USD/CAD Technical Analysis – Prices are testing above resistance at 1.0356, the 23.6% Fibonacci expansion, with a break confirmed on a daily closing basis exposing the...
AUD/USD Technical Analysis – Prices broke support at 0.8943, the 23.6% Fibonacci expansion, exposing falling channel resistance-turned-support at 0.8849. A further push below that eyes the...
USD/JPY Technical Analysis – Prices narrowly edged above resistance at 99.41, the 23.6% Fibonacci expansion, exposing falling trend line resistance at 100.22, followed by the 38.2%...
GBP/JPY Technical Analysis – Prices are testing above support-turned-resistance at the bottom of a channel set from mid-June, a barrier reinforced by the 38.2% Fibonacci retracement...
GBP/USD Technical Analysis – Prices turned lower as expected after putting in a bearish Evening Star candlestick pattern. Sellers are now aiming to test support at...
NZD/USD Technical Analysis – Prices are testing below support at 0.7871, the 23.6% Fibonacci expansion, with a break downward on a daily closing basis exposing the...