Pivot: 1.031 Our preference: Short positions below 1.031 with targets @ 1.023 1.02 in extension. Alternative scenario: Above 1.031 look for further upside with 1.0355 1.0395...
US Dollar Technical Analysis– Prices edged above resistance in the 10547-76 area, marked by the 23.6% Fibonacci expansion and the March 11 high. A break above...
EUR/GBP Technical Analysis – Prices broke support at 0.8545, the 23.6% Fibonacci expansion, exposing the 38.2% level at 0.8481. A further push below that aims for...
GBP/JPY Technical Analysis– Prices treading water above support at 150.08, the 23.6% Fibonacci retracement. A break below that aims for the 38.2% level at 147.74. Near-term...
EUR/JPY Technical Analysis– Prices treading water above support at 128.28, the 23.6% Fibonacci retracement, with a break below that aiming for the 38.2% level at 126.53....
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 aiming to challenge...
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 target the 14.6% level at 0.8497. A break above that aims...
AUD/USD Technical Analysis– Prices turned lower as expected, with sellers now testing support at 1.0224 marked by the 76.4% Fibonacci retracement. A break below that aims...
GBP/USD Technical Analysis – Prices are testing below support at the bottom of a rising channel (1.5202), with a break downward on a daily closing basis...