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AUD/USD Technical Analysis– Prices continue to flirt with support in the 0.9542-80 area, marked by the June 2012 low and the 23.6% Fibonacci expansion, with a...
USD/CHF Technical Analysis– Prices declined as expected after putting in a Bearish Engulfing candlestick pattern. Sellers took out support at 0.9355, marked by the 76.4% Fibonacci...
US Dollar Technical Analysis– Prices moved lower as expected after putting in a Bearish Engulfing candlestick pattern. Sellers are now testing support in the 10510-576 area,...
EUR/GBP Technical Analysis – Prices edged below support at 0.8494, triggering the stop-loss on our long position. Sellers now aim to challenge Triangle resistance-turned-support at 0.8458....
GBP/JPY Technical Analysis– Prices broke out of consolidation to clear support at 152.30, the 23.6% Fibonacci retracement. Sellers now target the 38.2% level at 149.53, with...
EUR/JPY Technical Analysis– Prices declined as expected, breaking falling trend line resistance-turned-support set from early April to challenge the 38.2% Fibonacci retracementat 128.19. A further push...
USD/JPY Technical Analysis– Prices declined as expected after putting in a Bearish Engulfing candlestick pattern. The pair has now taken out support at 97.28, the 50%...
GBP/USD Technical Analysis – Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern. A break above resistance at 1.5465, the 76.4% Fibonacci retracement,...
USD/CAD Technical Analysis– Prices declined as expected after putting in a bearish Dark Cloud Cover below the 1.04 figure. Sellers now challenge support at 1.0264, marked...
ASIA/EUROPE FOREX NEWS WRAP The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) endured its worst loss of the year yesterday as a massive USDJPY unwind (rumored...