ASIA/EUROPE FOREX NEWS WRAP After being put through a bit of a ringer this past week – the US Dollar rallied after the Federal Reserve indicated...
EUR/USD Technical Analysis– Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern. A break above the 23.6% Fibonacciexpansion at 1.2913 has exposed the...
USD/JPY Technical Analysis– Prices declined as expected after putting in a Bearish Engulfing candlestick pattern. Sellers are testing below initial support at 101.84, the 14.6% Fibonacci...
EUR/GBP Technical Analysis – The formation of a Triangle chart preceded a breakout higher, as expected. Buyers now aim to challenge the 23.6% Fibonacci expansion at...
GBP/JPY Technical Analysis– Prices are testing below support at 154.00, the 14.6% Fibonacci retracement, having completed a Bearish Engulfing candlestick pattern. A break downward on a...
EUR/JPY Technical Analysis– Prices are testing below support at 131.65, the 14.6% Fibonacci retracement. A break below that targets the 23.6% level at 130.34. Near-term resistance...
AUD/USD Technical Strategy: Flat Prices are testing support in the 0.9663-82 area, marked by the November 23 2011 low and the 23.6% Fibonacci expansion. A break...
NZD/USD Technical Strategy: Flat Prices put in a Bullish Engulfing candlestick pattern above support at 0.8052, the November 16 2012 low, hinting a move higher is...
EUR/USD Technical Strategy: Flat Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern. A break above the 23.6% Fibonacciexpansion at 1.2913 has exposed...
USD/JPY Technical Strategy: Flat Prices declined as expected after putting in a Bearish Engulfing candlestick pattern. Sellers are testing below initial support at 101.84, the 14.6%...