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GBPUSD – Extremely one-sided forex trading crowd sentiment pointed to an important British Pound low, and indeed our sentiment-based Momentum2 strategy has gone long GBPUSD from...
EURUSD – Retail forex traders have recently sold into Euro strength versus the US Dollar, and a contrarian view of crowd sentiment leaves us in favor...
USD/CHF Technical Analysis – Prices cautiously recovered above the 50% Fibonacci retracement at 0.9440, hinting at renewed upside momentum ahead. Near-term resistance is at 0.9513, the...
USD/CAD Technical Analysis – Prices are consolidating below resistance at 1.0436, the 23.6% Fibonacci expansion, having found support above the 1.03 figure. A break higher initially...
GBP/JPY Technical Analysis – Prices are testing resistance at 153.07, the 61.8% Fibonacci retracement, with a break above that targeting the 76.4% level at 154.49. Near-term...
GBP/USD Technical Analysis – Prices broke above resistance at 1.5171, a barrier marked the 38.2% Fibonacci retracement and reinforced by a rising trend line set from...
NZD/USD Technical Analysis – Prices broke higher as expected, clearing resistance at the top of a falling channel set from April. Buyers are now testing above...
EUR/USD Technical Analysis – Prices are consolidating below resistance at 1.3163, the 61.8% Fibonacci retracement. A break higher targets the 76.4% level at 1.3260. Near-term support...
EUR/GBP Technical Analysis – Prices completed a Bearish Engulfing candlestick pattern below the 0.87 figure, hinting at further weakness ahead. Sellers are now testing the 38.2%...
US Dollar Technical Analysis – Prices are testing falling trend line resistance set from the July 8 high (now at 10860), with a break above that...