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EUR/JPY Technical Analysis– Prices are testing above resistance at 129.69, the 38.2% Fibonacci expansion. A break above that aims for the 50% level at 131.15. Near-term...
USD/CHF Technical Analysis– Prices are pushing higher as expected after putting in a Bullish Engulfing candlestick pattern above the 0.92 figure. Buyers are now challenging resistance...
USD/CAD Technical Analysis– Prices launched higher after showing a bullish Piercing Line candlestick pattern, taking out the 23.6% Fibonacci expansion at 1.0207 to expose the 38.2%...
NZD/USD Technical Analysis– 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 that...
GBP/USD Technical Analysis – Prices are testing above resistance at 1.5408, the 38.2% Fibonacci retracement. A break above this barrier on a daily closing basis targets...
AUD/USD Technical Analysis– Prices are recovering to challenging the 23.6% Fibonacci expansion at 1.0330. A break above that aims for the 38.2% level at 1.0399. Near-term...
USD/JPY Technical Analysis– Prices are testing resistance at 99.47, the 50% Fibonacci expansion. This barrier is reinforced by the psychologically significant 100.00 barrier. A break above...
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...
Pivot: 1418.00 Our preference: LONG positions above 1418 with targets @ 1458 1473. Alternative scenario: The downside penetration of 1418 will call for 1391 1363. Comment:...
Pivot: 1.0245 Our preference: Long positions above 1.0245 with targets @ 1.0355 1.0395 in extension. Alternative scenario: Below 1.0245 look for further downside with 1.0215 1.02...