Connect with us
USD/CHF Technical Analysis– Prices pulled back after putting in a Dark Cloud Cover candlestick pattern below resistance at a formerly broken rising trend line. Near-term support...
AUD/USD Technical Analysis– Prices have launched a recovery from support at 1.0412, the 61.8% Fibonacci retracement. Near-term resistance is at 1.0483, the 76.4% level, with a...
GBP/USD Technical Analysis – Prices recoiled from resistance at 1.5260, marked by the March 25 high and a falling trend line cluster set from early January,...
NZD/USD Technical Analysis– Prices broke above the 61.8% Fibonacci retracement at 0.8391 to challenge the 76.4% level at 0.8445. A further push above that targets the...
ASIA/EUROPE FOREX NEWS WRAP Some ‘positive’ news out of Europe this morning has helped lift the European currencies out of their slump versus the rest of...
USD/JPY Technical Analysis– Prices broke support in the 93.77-90 area, marked by the 50% Fibonacci retracement and a rising trend line set from early January. Sellers...
EUR/USD Technical Analysis– Prices are testing falling trend line resistance at 1.2865, with a break upward exposing the 1.30 figure and the 23.6% Fibonacci expansion at...
THE TAKEAWAY: The US Dollar has managed to cling to technical support for now. SP 500 positioning continues to warn of a downward reversal looming ahead....
Weekly Bars Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? Commodity Analysis: The last...
DailyBars Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: “The USDCHF has completely...