Summary: Why are correlations between the Dollar (ticker: USDOLLAR), SP 500 (ticker: SPY), and Treasury Yields (ticker: SHY) broken? And most importantly—why might this signal that...
US Dollar Technical Analysis– Prices moved lower as expected, taking out the 38.2% Fibonacci retracement level at 10694 and exposing the 50% Fib at 10638. A...
GBP/JPY Technical Analysis– Prices continue to consolidate below resistance at 154.00, the 14.6% Fibonacci retracement. A break below support at 152.30, the 23.6% level, targets the...
EUR/GBP Technical Analysis – The formation of a Triangle chart preceded a breakout higher, as expected. Buyers are now testing horizontal resistance at 0.8575, with a...
EUR/GBP Technical Analysis – The formation of a Triangle chart preceded a breakout higher, as expected. Buyers are now testing horizontal resistance at 0.8575, with a...
EUR/JPY Technical Analysis– Prices declined as expected test falling trend line resistance-turned-support set from early April, now at 129.57. A break below that exposes the 38.2%...
EUR/JPY Technical Analysis– Prices declined as expected test falling trend line resistance-turned-support set from early April, now at 129.57. A break below that exposes the 38.2%...
GBP/JPY Technical Analysis– Prices continue to consolidate below resistance at 154.00, the 14.6% Fibonacci retracement. A break below support at 152.30, the 23.6% level, targets the...
USD/CHF Technical Analysis– Prices declined as expected after putting in a Bearish Engulfing candlestick pattern. Sellers took out support at 0.9522, the 50% Fibonacci retracement, to...
USD/CHF Technical Analysis– Prices declined as expected after putting in a Bearish Engulfing candlestick pattern. Sellers took out support at 0.9522, the 50% Fibonacci retracement, to...