Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? FOREXAnalysis: Diabolical AUDUSD trading resumes, which in itself may...
ASIA/EUROPE FOREX NEWS WRAP The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) has edged higher to start the week and has nearly taken back all of...
Pivot: 1267.00 Our preference: LONG positions above 1267 with 1300 1327 as next targets. Alternative scenario: The downside breakout of 1267 will open the way to...
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...
Pivot: 0.913 Our preference: Short positions below 0.913 with targets @ 0.901 0.893 in extension. Alternative scenario: Above 0.913 look for further upside with 0.9205 0.9305...
Pivot: 99.65. Our preference: SHORT positions below 99.65 with 98.55 98.2 in sight. Alternative scenario: The upside breakout of 99.65 will open the way to 100...
EUR/GBP Technical Analysis – Prices took out resistance at 0.8582, the 23.6% Fibonacci expansion, exposing the 38.2% level at 0.8688. A further push beyond that aims...
NZD/USD Technical Analysis– Prices are testing resistance at 0.7917, the 23.6% Fibonacci expansion, a barrier reinforced by the top of a falling channel set from April...
USD/JPY Technical Analysis– Prices found support at 98.56, the 38.2% Fibonacci retracement, after breaking rising trend line support defining the rising trend from the mid-June swing...
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...