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Pivot: 120.95 Our preference: Short positions below 120.95 with targets @ 119.45 118.9 in extension. Alternative scenario: Above 120.95 look for further upside with 121.85 122.35...
Pivot: 0.8445 Our preference: Short positions below 0.8445 with targets @ 0.8405 0.839 in extension. Alternative scenario: Above 0.8445 look for further upside with 0.848 0.85...
US Dollar Technical Analysis– Prices are testing falling trend line resistance at 10473, with a break higher exposing the 23.6% Fibonacci expansion at 10518. Near-term support...
EUR/GBP Technical Analysis – Prices continue to push lower after completing a bearish Rising Wedge chart formation. Sellers are now testing support at 0.8408, the 38.2%...
EUR/JPY Technical Analysis– Prices declined as expected after putting in a bearish Harami candlestick pattern. Sellers are now testing below support at 120.43, the 61.8% Fibonacci...
GBP/JPY Technical Analysis– Prices are testing support at 142.78, the 38.2% Fibonacci retracement. A break below that aims for the 50% level at 141.84. Near-term resistance...
USD/CHF Technical Analysis– Prices pulled back from resistance at 0.9558, marked by the 38.2% Fibonacci expansion and the underside of a formerly broken rising trend line....
USD/CAD Technical Analysis– Prices put in an Inverted Hammer candlestick above support at 1.0137, marked by the 50% Fibonacci retracement and reinforced by a falling channel...
NZD/USD Technical Analysis– Prices put in a bearish Dark Cloud Cover candlestick pattern below resistance at 0.8391, marked by the 61.8% Fibonacci retracement and sitting in...
AUD/USD Technical Analysis– Prices recoiled from resistance at 1.0483, the 76.4% Fibonacci retracement, after putting in a Bearish Engulfing candlestick pattern. Sellers are now testing support...