USD/CAD Technical Analysis– Prices launched higher after showing a bullish Piercing Line candlestick pattern, taking out the 23.6% Fibonacci expansion at 1.0207 to expose the 38.2%...
GBP/USD Technical Analysis – Prices edged lower after putting in a bearish Dark Cloud Cover candlestick pattern below resistance at 1.5408, the 38.2% Fibonacci retracement, with...
AUD/USD Technical Analysis– Prices turned lower as expected, with sellers now testing support at 1.0293 marked by the 61.8% Fibonacci retracement. A break below that aims...
EUR/USD Technical Analysis– Prices put in a Bearish Engulfing candlestick pattern below the 1.32 figure, hinting at further weakness ahead. Initial support is at 1.3026, the...
USD/JPY Technical Analysis– Prices turned lower as expected after putting in a Harami candlestick pattern. Prices have now recovered above the 23.6% Fibonacci retracement at 97.79,...
THE TAKEAWAY: The US Dollar has moved to challenge the upper boundary of its recent range while the SP 500 has retreated to a trend-defining support...
Follow along with David Rodriguez, Quantitative Strategist for DailyFX.com, as he discusses the Breakout2 trading system. In this video David covers the strategy logic as well...
Weekly Candles Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? Commodity Analysis: Wrote last...
60 Minute Bars Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? Commodity Analysis: See...
Daily Bars Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: “The USDCAD has...