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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...
USD/JPY Technical Analysis– Prices are testing above resistance at 100.06, the 23.6% Fibonacciexpansion. A break higher exposes the 38.2% level at 101.19. Near-term support is at...
USD/CAD Technical Analysis– Prices are testing resistance at 1.0436, the 23.6% Fibonacci expansion, having found support above the 1.03 figure. A break higher initially targets the...
USD/CHF Technical Analysis– Prices are recovering from support at 0.9367, the 61.8% Fibonacci retracement. Near-term resistance is at 0.9440, the 50% level, with a break above...
US Dollar Technical Analysis– Prices are testing support in the 10790-803 area, marked by the 38.2% Fibonacci retracement and the June 24 swing high, with a...
EUR/GBP Technical Analysis – Prices completed a Bearish Engulfing candlestick pattern below the 0.87 figure, hinting at further weakness ahead. Sellers now aim to challenge the...
EUR/JPY Technical Analysis– Prices are testing above resistance at 130.72, the 38.2% Fibonacci expansion, with a break higher targeting the 50% level at 132.50. Trend line...
AUD/USD Technical Analysis– Prices broke higher as expected, taking out resistance at the top of a falling channel set from April and hinting a significant correction...
GBP/JPY Technical Analysis– Prices launched higher out of consolidation to challenge the 50% Fibonacci retracement at 151.93. A break above that targets the 61.8% level at...
ASIA/EUROPE FOREX NEWS WRAP The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) continues to build on its rebound from its lowest level since June 26, as...