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– Forex trading crowds buying aggressively into US Dollar weakness across the board – The Greenback looks at special risk of larger breakdown versus the Euro,...
Pivot: 1.383 Our preference: Long positions above 1.383 with targets @ 1.387 1.3895 in extension. Alternative scenario: Below 1.383 look for further downside with 1.38 1.377...
Talking Points USD/JPY tests key downside pivot EUR/USD overcomes important resistance barrier Gold closing in on big retracement New to Currency Trading? Learn More HERE Foreign...
Talking Points USD/CAD Technical Strategy: Shorts Preferred Prices break below range-bottom at 1.0900 Absence of bullish signal suggests further declines USD/CAD has finally broken below the...
Talking Points NZD/USD Technical Strategy: Sidelines Preferred Shooting Star potentially forming on the daily Dark Cloud cover suggests potential for intraday dip The Kiwi bulls pushed...
Pivot: 19.90 Our preference: Long positions above 19.90 with targets @ 20.55 20.85 in extension. Alternative scenario: Below 19.90 look for further downside with 19.6 19.25...
Talking Points USD/JPY Technical Strategy: Sidelines Preferred Shooting Star pattern near 104.00 offered ominous warning Dojis highlighted hesitation by the bulls following test of 102.00 USD/JPY...
Talking Points EUR/USD Technical Strategy: Flat Bearish Engulfing pattern on four hour chart awaits confirmation Evening Starformation on the weekly offers ominous warning EUR/USD has powered...
Talking Points AUD/USD Technical Strategy: Longs Preferred Pushabove0.9440 opensadvance to 0.9540 Absence of bearish signal favors further gains As noted in yesterday’s candlesticks report the Australian...
Talking Points GBP/USD Technical Strategy: pending short Dark Cloud Cover formation in intraday trade offers warning Shooting Star looks to be forming on the daily GBP/USD...