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GBPUSD – The British pound has hit important highs and retail forex crowds continue selling—we view this as a contrarian signal that the GBPUSD may continue...
Retail forex trader data shows that the Australian Dollar likely set a substantial low, while the Japanese Yen might have topped. Here is a rundown of...
ASIA/EUROPE FOREX NEWS WRAP The USDJPY fell to its lowest level in two months – since April 4, the day that the Bank of Japan unveiled...
GBP/JPY Technical Analysis– Prices are testing below axis line support at 149.70, a barrier reinforced by the 38.2% Fibonacci retracementat 149.53, to challenge the 50% level...
USD/JPY Technical Analysis– Prices declined as expected after putting in a Bearish Engulfing candlestick pattern. The pair is testing below support at a rising trend line...
USD/CHF Technical Analysis– Prices declined as expected after putting in a Bearish Engulfing candlestick pattern, taking out support marked by arising trend line set from early...
US Dollar Technical Analysis– Prices moved lower as expected after putting in a Bearish Engulfing candlestick pattern. Prices are now testing below key support at a...
GBP/USD Technical Analysis – Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern. A break above resistance at 1.5600, the 76.4% Fibonacci expansion,...
EUR/JPY Technical Analysis– Prices broke support marked by a rising trend line set from mid-November 2012 and the 32.8% Fibonacci retracementat 128.19. Sellers are now testing...
AUD/USD Technical Analysis– Prices are attempting a recovery from support at 0.9388, the 38.2% Fibonacci expansion, as expected. A break above near-term resistance at 0.9542, the...