Pivot: 93.70 Our preference: SHORT positions below 93.7 with 91.9 91.3 as next targets. Alternative scenario: The upside penetration of 93.7 will call for 94.8 95.6....
US Dollar Technical Analysis– Prices recoiled from resistance below the 23.6% Fibonacci expansion at 10547. Falling channel resistance-turned-support is at 10428, with a push beneath that...
GBP/JPY Technical Analysis– Prices are pulling back from resistance at 153.39, the 161.8% Fibonacci expansion. Initial support is at 152.44, the 50% level, with a break...
EUR/JPY Technical Analysis– Prices are testing below resistance-turned-support at 130.11, the 150% Fibonacci expansion. A break lower that eyes the 138.2% Fibat 129.25.Near-term resistance is at...
USD/CHF Technical Analysis– Prices pushed lower after putting in a Dark Cloud Cover candlestick pattern below trend line support-turned-resistance. Sellers are now testing the 50% Fibonacci...
USD/CAD Technical Analysis– Prices are testing falling channel support at 1.0089, a barrier reinforced by the 38.2% Fibonacci retracementat 1.0070. A break below the latter level...
NZD/USD Technical Analysis– Prices broke resistance at 0.8611, the 61.8% Fibonacci expansion, exposing the 76.4% level at 0.8717. The 0.8611 mark has been recast as near-term...
AUD/USD Technical Analysis– Prices put in a Doji candlestick below resistance in the 1.0584-97 area, marked by the 61.8% Fibonacci expansion and a multi-month range top,...
GBP/USD Technical Analysis – Prices broke above resistance at 1.5354, the 50% Fibonacci retracement, exposing the 61.8% level at 1.5478. A further push beyond that eyes...
USD/JPY Technical Analysis– Prices broke resistance at 98.42, the 100% Fibonacci extension, exposing the 123.6% level at 99.80. A further push above that eyes the 138.2%...