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NZD/USD Technical Analysis – Prices broke higher as expected. Prices are now pulling back through the 23.6% Fibonacci retracement to test support at a rising trend...
USD/CAD Technical Analysis – Prices are testing above resistance at a falling trend line set from the July 5 high (now at 1.0263), with a break...
EUR/USD Technical Analysis – Prices took out resistance at 1.3260 marked by the 76.4% Fibonacci retracement. The bulls now aim to challenge the June 18 swing...
USD/JPY Technical Analysis – Prices broke support at 98.56, the 38.2% Fibonacci retracement, exposing the 50% mark at 96.74. A further push beneath that targets the...
US Dollar Technical Analysis– Prices are retesting broken support-turned-resistance at 10739, the 50% Fibonacci retracement, to challenge a falling trend line set from the July 8...
THE TAKEAWAY: The US Dollar broke below chart support, hinting at continued weakness ahead after prices hit a one-month low last week. The SP 500 remains...
USD/JPY Technical Analysis – Prices broke support is at 98.56, the 38.2% Fibonacci retracement, exposing the 50% mark at 96.74. A further push beneath that targets...
USD/CAD Technical Analysis – Prices are drifting to support at 1.0248, the 76.4% Fibonacci retracement, with a break lower targeting the June 14 low at 1.0136....
THE TAKEAWAY: The US Dollar recovered to retest recently broken chart support but overall technical positioning continues to broadly favor weakness. Don’t have access the Dow...
GBP/USD Technical Analysis – Prices are attempting to invalidate a bearish Evening Star candlestick pattern identified last week but confirmation requires a daily close above pattern’s...