Pivot: 1276.00 Our preference: LONG positions above 1276 with targets @ 1298 1320. Alternative scenario: The downside penetration of 1276 will call for 1267 1247. Comment:...
Pivot: 0.866 Our preference: Short positions below 0.866 with targets @ 0.8605 0.8575 in extension. Alternative scenario: Above 0.866 look for further upside with 0.871 0.8725...
Pivot: 1.3415 Our Preference: SHORT position below 1.3415 with 1.2650 1.24 in sight. Alternative Scenario: Above 1.3415 up move to 1.355 1.371. Comment: the pair is...
Pivot: 1.2180 Our Preference: LONG above 1.2180 with 1.255 1.265 in sight. Alternative Scenario: Below 1.2180 look for further weakness to 1.21. Comment: the pair is...
Pivot: 145.65 Our Preference: LONG position above 145.65 with 157.50 163.10 in sight. Alternative scenario: Below 145.65 look for further weakness to 140.40. Comment: the pair...
Want to add the Moving Average Dashboard to your charts? Download it free on FXCMApps.com. TREND IN FOCUS: EURCAD (D1) – The EURCAD is tied for...
ASIA/EUROPE FOREX NEWS WRAP After yesterday’s trade which saw the US Dollar slight across the board, the Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) is struggling...
USD/CAD Technical Analysis– Prices turned lower as expected after completing a bearish Evening Star candlestick pattern. The pair has recoiled from resistance in the 1.0408-46 area,...
EUR/GBP Technical Analysis – Prices are recoiling from resistance at 0.8689, the 38.2% Fibonacci retracement level. Near-term support is at 0.8582, the 23.6% level, with a...
Pivot: 0.864 Our preference: Long positions above 0.864 with targets @ 0.871 0.8725 in extension. Alternative scenario: Below 0.864 look for further downside with 0.8605 0.8575...