GBP/JPY Technical Analysis– Prices are inching lower as expected after putting in a Bearish Engulfing candlestick pattern below resistance at 153.85, the April 11 swing high....
USD/CHF Technical Analysis– Prices pulled back as expected after putting in a Shooting Star candlestick. Sellers are now testing support at 0.9360, the 38.2% Fibonacci expansion,...
EUR/JPY Technical Analysis– Prices broke support at 128.18, the 23.6% Fibonacci retracement, exposing the 38.2% level at 126.37. A further push beneath that aims for the...
USD/CAD Technical Analysis– Prices are testing support at in the 1.0095-99 area, marked by the 76.4% Fibonacci expansion and the January 25 swing high. A break...
AUD/USD Technical Analysis– Prices broke above resistance at 1.0305, the 23.6% Fibonacci retracement, to challenge the 38.2% level at 1.0358. A break above that exposes the...
NZD/USD Technical Analysis– Prices narrowly edged above resistance at 0.8556, the 38.2% Fibonacci expansion, exposing the 50% level at 0.8617. A further break above that aims...
USD/JPY Technical Analysis– Prices recoiled from resistance below the 100.00 figure to test support at 97.79, the 23.6% Fibonacci retracement. A break below this barrier initially...
GBP/USD Technical Analysis – Prices put in a Shooting Star candlestick below resistance at the top of a rising channel set from mid-March (1.5552), a barrier...
EUR/USD Technical Analysis– Prices are testing resistance at 1.3113, the 38.2% Fibonacci retracement level. A break higher targets the April 16 high at 1.3201 and the...
Pivot: 1485.00 Our preference: SHORT positions below 1485 with 1448 1418 as next targets. Alternative scenario: The upside penetration of 1485 will call for a rebound...