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NZD/USD Technical Analysis– Prices broke below supportat 0.7977, the 38.2% Fibonacci expansion. Sellers now stand to challenge a major hurdle in the 0.7891-14 region, marked the...
USD/CAD Technical Analysis– Prices declined as expected after putting in a bearish Dark Cloud Cover below the 1.04 figure, dropping through rising trend line support set...
AUD/USD Technical Analysis– Prices are stalling above support in the 0.9543-80 region, the intersection of the June 1 2012 low and the 14.6% Fibonacci expansion, with...
GBP/USD Technical Analysis – Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern and clearing falling trend line resistance set from early May....
USD/JPY Technical Analysis– Prices declined as expected after putting in a Bearish Engulfing candlestick pattern. The pair has now taken out support at 100.68, the 23.6%...
EUR/USD Technical Analysis– Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern. The pair is now testing resistance at a falling trend line...
EUR/JPY Technical Analysis– Prices declined as expected to find support at 130.34, the 23.6% Fibonacci retracement. The pair is now stuck in consolidation, with a break...
ASIA/EUROPE FOREX NEWS WRAP The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) is down on the first trading day of June, as further weakness in Japanese...
THE TAKEAWAY: US Dollar technical positioning hints prices are vulnerable to deeper losses. Meanwhile, the SP 500 has edged past the first layer of key chart...
June is historically the worst month for the stock market. Judging by the last few hours of trading, June apparently came early. A bigger stock market...