Pivot: 1.0245 Our preference: Long positions above 1.0245 with targets @ 1.0375 1.042 in extension. Alternative scenario: Below 1.0245 look for further downside with 1.0215 1.018...
Pivot: 96.20 Our preference: SHORT positions below 96.2 with targets @ 93.5 92.4. Alternative scenario: The upside penetration of 96.2 will call for a rebound towards...
Pivot: 0.975 Our preference: Short positions below 0.975 with targets @ 0.9645 0.959 in extension. Alternative scenario: Above 0.975 look for further upside with 0.98 0.985...
Pivot: 1.2555 Our preference: Long positions above 1.2555 with targets @ 1.264 1.2665 in extension. Alternative scenario: Below 1.2555 look for further downside with 1.251 1.248...
Pivot: 0.8400 Our Preference: LONG above 0.84 with targets @ 0.8590 0.87. Alternative Scenario: Below 0.84 aim @ 0.8340. Comment: the pair has broken above a...
US Dollar Technical Analysis– Prices put in a bearish Dark Cloud Cover candlestick pattern below resistance at 10822, the 50% Fibonacci expansion, hinting a move lower...
USD/CHF Technical Analysis– Prices put in a bearish Dark Cloud Cover candlestick pattern hinting a move lower is ahead. Initial support is at 0.9630, the 23.6%...
USD/CAD Technical Analysis– Prices advanced as expected after putting in a bullish Morning Star candlestick pattern above support at a rising trend line set from mid-September...
NZD/USD Technical Analysis– Prices put in a Bullish Engulfing candlestick pattern, hinting a move higher is ahead. Initial resistance is at 0.8184, the 23.6% Fibonacci retracement,...
AUD/USD Technical Analysis– Prices put in a bullish Piercing Line candlestick pattern, hinting at gains ahead. Initial resistance is at 0.9809, the 14.6% Fibonacci retracement, with...