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US Dollar Technical Analysis– Prices recoiled from resistance below the 23.6% Fibonacci expansion at 10547. Falling channel resistance-turned-support is at 10433, with a push beneath that...
USD/CHF Technical Analysis– Prices continue to push lower after putting in a Dark Cloud Cover candlestick pattern below trend line support-turned-resistance. Sellers took out support at...
USD/CAD Technical Analysis– Prices are testing below falling channel support, eyeing the 38.2% Fibonacci retracementat 1.0070. A break below that targets the 50% level at 0.9986....
NZD/USD Technical Analysis– Prices are testing resistance at 0.8634, the 76.4% Fibonacci expansion, with a break below that targeting the 100% level at 0.8780. Near-term support...
GBP/USD Technical Analysis – Prices are testing resistance at 1.5354, the 50% Fibonacci retracement, with a break above that targeting the 61.8% level at 1.5478. Near-term...
AUD/USD Technical Analysis– Prices are testing resistance in the 1.0584-97 area, marked by the 61.8% Fibonacci expansion and a multi-month range top. A break above that...
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%...
EUR/USD Technical Analysis– Prices continue to push higher after putting in a bullish Harami candlestick pattern. Buyers are targeting the 23.6% Fibonacci expansion at 1.3139, with...
”Pair is showing 7 swings up from 96.85 low which means we are ending wave (( iii )) which can reach as high as 105.40 region....
Pivot: 93.40 Our preference: LONG positions above 93.4 with 94.8 95.6 in sight. Alternative scenario: The downside penetration of 93.4 will call for a slide towards...