EUR/USD Technical Analysis– Prices are testing support at 1.2973, the intersection of the 23.6% Fibonacci expansion and a formerly broken falling trend line. The pullback appears...
AUD/USD Technical Strategy: Flat Prices are challenging the 23.6% Fibonacci expansion at 1.0330. A break above that aims for the 38.2% level at 1.0399. Near-term support...
EUR/USD Technical Strategy: Long at 1.2934, Targeting Above 1.3201 Floating Profit / Loss: +68 pips We entered long EURUSD at 1.2934. Prices are testing support at...
GBP/USD Technical Strategy: Flat Prices broke above resistance at 1.5408, the 38.2% Fibonacci retracement, exposing a rising channel top at 1.5527 and the 50% level at...
NZD/USD Technical Strategy: Flat Prices are bouncing from support at 0.8387, the 23.6% Fibonacci retracement to test above the 14.6% level at 0.8497. A break above...
USD/CAD Technical Strategy: Flat Prices are correcting lower from resistance at 1.0284, the 38.2% Fibonacci expansion, to retest the top of a formerly broken falling channel...
USD/JPY Technical Strategy: Flat Prices are trading water below resistance at 99.47, the 50% Fibonacci expansion. This barrier is reinforced by the psychologically significant 100.00 barrier....
Pivot: 1.0335 Our preference: Short positions below 1.0335 with targets @ 1.0285 1.0265 in extension. Alternative scenario: Above 1.0335 look for further upside with 1.0355 1.0395...
Pivot: 1.3050. Our preference: SHORT positions below 1.305 with 1.2995 1.297 as next targets. Alternative scenario: The upside penetration of 1.305 will call for 1.3085 1.313....
Pivot: 1448.00 Our preference: LONG positions above 1448 with 1507 1539 as next targets. Alternative scenario: The downside penetration of 1448 will call for 1418 1404....