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Pivot: 1592.00 Our preference: SHORT positions below 1592 with 1576 1565 as next targets. Alternative scenario: The upside penetration of 1592 will call for 1604 1608....
GBP/JPY Technical Analysis– Prices are testing below support at 141.84, the 50% Fibonacci retracement. A break below that aims for the 61.8% level at 140.89. Near-term...
EUR/JPY Technical Analysis– Prices declined as expected after putting in a bearish Harami candlestick pattern. Sellers are now testing below support at 119.12, the 76.4% Fibonacci...
USD/CHF Technical Analysis– Prices are pulling back after putting in a Dark Cloud Cover candlestick pattern below resistance at a formerly broken rising trend line. Near-term...
USD/CAD Technical Analysis– Prices are testing below support at 1.0140, a barrier marked by the 38.2% Fibonacci retracement and reinforced by a falling channel bottom. A...
NZD/USD Technical Analysis– Prices are pushing aggressively higher, probing above the 61.8% Fibonacci retracement at 0.8391 to challenge the 76.4% level at 0.8445. A break above...
AUD/USD Technical Analysis– Prices have launched a recovery from support at 1.0412, the 61.8% Fibonacci retracement. Near-term resistance is at 1.0483, the 76.4% level, with a...
GBP/USD Technical Analysis – Prices are turning lower from resistance at 1.5260, marked by the March 25 high and a falling trend line cluster set from...
USD/JPY Technical Analysis– Prices broke support in the 93.77-90 area, marked by the 50% Fibonacci retracement and a rising trend line set from early January. Sellers...
EUR/USD Technical Analysis– Prices are testing falling trend line resistance at 1.2883, with a break upward exposing the 1.30 figure and the 23.6% Fibonacci expansion at...