GBP/USD Technical Analysis – Prices pulled back from resistance at 1.5171 marked the 38.2% Fibonacci retracement and reinforced by a formerly broken rising trend line. Near-term...
EUR/JPY Technical Analysis– Prices are testing resistance at 130.72, the 38.2% Fibonacci expansion, once again, with a break higher targeting the 50% level at 132.50. Trend...
US Dollar Technical Analysis– Prices turned lower as expected, finding initial support at 10803 marked by the 38.2% Fibonacci retracement. A bullish Piercing Line candlestick pattern...
USD/JPY Technical Analysis– Prices are testing resistance at 100.06, the 23.6% Fibonacciexpansion, with a break above that exposing the 38.2% level at 101.19. Near-term support is...
EUR/USD Technical Analysis– Prices put in a Hanging Man candlestick on a test of resistance at 1.3085, the 50% Fibonacci retracement, hinting a turn lower may...
GBP/JPY Technical Analysis– Prices continue to track sideways below the 23.6% Fibonacci expansion at 150.72. Near-term support is at 149.30, the 38.2% level, with a break...
NZD/USD Technical Analysis– Prices continue to drift sideways above support at 0.7682, the June 24 low. Resistance is seen at the top of a falling channel...
AUD/USD Technical Analysis– Prices are testing resistance at the top of a falling channel set from April, with a close above this boundary exposing the 23.6%...
Pivot: 1.24 Our preference: Short positions below 1.24 with targets @ 1.2335 1.2305 in extension. Alternative scenario: Above 1.24 look for further upside with 1.2425 1.2465...
Pivot: 0.8660. Our preference: SHORT positions below 0.866 with targets @ 0.8605 0.8575. Alternative scenario: The upside penetration of 0.866 will call for a rebound towards...