EUR/JPY Technical Analysis– Prices put in a bearish Evening Star candlestick pattern below falling trend line resistance set from late May (129.32), hinting a move lower...
EUR/USD Technical Analysis– Prices turned lower as expected, snapping the rising trend established from mid-May. A break past support at 1.3105, the 50% Fibonacci retracement, has...
USD/JPY Technical Analysis– Prices are showing a Harami candlestick pattern below resistance marked by a falling trend line set from late May, hinting a move lower...
NZD/USD Technical Analysis– Prices are testing support in the 0.7723-57 area marked by a trend line set from August 2010 and the 50% Fibonacci expansion. A...
GBP/JPY Technical Analysis– Prices put in back-to-back Doji candlesticks below resistance in the 151.20-56 area marked by a horizontal pivot in play since late April and...
EUR/GBP Technical Analysis – Prices edged past support at a rising trend line set from late April to challenge the 61.8% Fibonacci retracement at 0.8474. A...
THE TAKEAWAY: US Dollar technical positioning continues to warn of a possible pullback while the SP 500 and crude oil charts hint at recoveries ahead. Capitalize...
The USDJPY has been on fire since last Wednesday, racking up over 300-pips in less than a week all thanks to the Fed’s hawkish policy shift...
Pivot: 128.6 Our preference: Short positions below 128.6 with targets @ 127.2 126.8 in extension. Alternative scenario: Above 128.6 look for further upside with 129.2 129.55...
Chart prepared by Christopher Vecchio using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREX Analysis: Bullish RSI divergence on the...