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US Dollar Technical Analysis– Prices turned lower as expected, with sellers testing below support at 10803, the 38.2% Fibonacci retracement. A break downward on a daily...
USD/CHF Technical Analysis– Prices are challenging support at 0.9480, the 38.2% Fibonacci retracement, with a break beneath that exposing the 50% level at 0.9396. Near-term resistance...
USD/CAD Technical Analysis– Prices turned lower as expected after completing a bearish Evening Star candlestick pattern. Sellers are now testing support is at 1.0381, the 38.2%...
GBP/USD Technical Analysis – Prices put in a Bullish Engulfing candlestick pattern and pushed higher, testing resistance in the 1.5137-71 area marked by a formerly broken...
AUD/USD Technical Analysis– Prices are rebounding as expected to test resistance at the top of a falling channel set from April, now at 0.9208. A break...
EUR/USD Technical Analysis– Prices swiftly overturned yesterday’s trend line break, rebounding from support at 1.2750 marked by the March 27 low. The bulls are now testing...
THE TAKEAWAY: The US Dollar dove lower to overturn the rising trend from mid-June while the SP 500 pushed higher, setting its sights on the May...
Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? FOREXAnalysis: The USDJPY never reached the underside of the...
USD/CAD Technical Analysis– Prices put in a bearish Evening Star candlestick pattern, hinting a move lower is ahead. Negative RSI divergence compounds the case for a...
USD/CHF Technical Analysis– Prices are testing resistance at 0.9753, the 76.4% Fibonacci expansion, with a break above that exposing the May 22 high at 0.9838. Near-term...