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USD/CHF Technical Analysis– Prices pulled back from resistance at 0.9558, marked by the 38.2% Fibonacci expansion and the underside of a formerly broken rising trend line....
GBP/JPY Technical Analysis– Prices are testing support at 142.78, the 38.2% Fibonacci retracement. A break below that aims for the 50% level at 141.84. Near-term resistance...
AUD/USD Technical Analysis– Prices recoiled from resistance at 1.0483, the 76.4% Fibonacci retracement, after putting in a Bearish Engulfing candlestick pattern. Sellers are now testing support...
NZD/USD Technical Analysis– Prices put in a bearish Dark Cloud Cover candlestick pattern below resistance at 0.8391, marked by the 61.8% Fibonacci retracement and sitting in...
USD/JPY Technical Analysis– Prices are testing below support in the 93.77-90 area, marked by the 50% Fibonacci retracement and a rising trend line set from early...
EUR/USD Technical Analysis– Prices broke below support at 1.2842, the 23.6% Fibonacci expansion, exposing the 38.2% level at 1.2716. A further drop below that aims for...
GBP/USD Technical Analysis – Prices formed a bearish Dark Cloud Cover candlestick on a retest of resistance at a falling trend line set from early January,...
THE TAKEAWAY: The US Dollar continues to stall at technical resistance while SP 500 positioning continues to hint prices are vulnerable to a reversal downward. US...
Yen crosses are trending sideways. Currently at support, short term (next week) opportunities are on the long side. Tests of recent highs aren’t out of the...
Daily Bars Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: Price has dropped...