USD/CAD Technical Analysis– Prices advanced as expected after putting in a bullish Morning Star candlestick pattern above support at a rising trend line set from mid-September...
USD/CHF Technical Analysis– Prices are testing support at 0.9687, the 23.6% Fibonacci retracement, after completing a Bearish Engulfing candlestick pattern. Negative RSI divergence argues in favor...
US Dollar Technical Analysis– Prices put in a Dark Cloud Cover candlestick pattern, hinting a move lower may be ahead. Negative RSI divergence reinforces the case...
NZD/USD Technical Analysis– Prices put in a Bullish Engulfing candlestick pattern above support at 0.8052, the November 16 2012 low, hinting a move higher is ahead....
AUD/USD Technical Analysis– 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 below...
GBP/USD Technical Analysis – Prices declined as expected after putting in a Shooting Star candlestick below resistance at the top of a rising channel set from...
USD/CAD Technical Strategy: Long USDCAD at 1.0323, Targeting Above 1.0367 Prices advanced as expected after putting in a bullish Morning Star candlestick pattern above support at...
THE TAKEAWAY: The US Dollar and the SP 500 have taken preliminary steps toward bearish reversals but confirmation of concrete downward follow-through remains elusive. US DOLLAR...
Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: Similar to several other...
Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: Similar to several other...