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...
GBP/JPY Technical Analysis– Prices are recovering from rising trend line support to test above the 23.6% Fibonacci retracement at 152.30, with a break higher exposing the...
USD/CAD Technical Analysis– Prices declined as expected after putting in a bearish Dark Cloud Cover candlestick pattern below the 1.04 figure. Sellers now challenge support at...
EUR/USD Technical Analysis– Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern. The pair has broken above a falling trend line set from...
NZD/USD Technical Analysis– Prices pierced critical support marked by the 61.8% Fibonacci retracement (0.7921) and a rising trend line set from June 2009. Sellers now target...
AUD/USD Technical Analysis– Prices broke support in the 0.9542-80 area, marked by the June 2012 low and the 23.6% Fibonacci expansion, to test the 38.2% level...
EUR/JPY Technical Analysis– Prices are retesting trend line support-turned-resistance set from early April, with a break higher targeting the 61.8% Fibonacci retracementat 130.88. Near-term support is...
THE TAKEAWAY: The US Dollar has mounted a recovery after sellers pushed prices to challenge the boundaries of the rising trend in place since December 2012....
What a difference a week makes. Last week, long USD and stocks was a crowded trade. This week…the crowd got destroyed. Was it enough to press...
NZD/USD Technical Analysis– Prices are testing critical support in the 0.7884-0.7921 region marked by the 61.8% Fibonacci retracement and a rising trend line set from June...