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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...
USD/JPY Technical Analysis– Prices are testing below support in the 93.77-90 area, marked by the 50% Fibonacci retracement and a rising trend line set from early...
GBP/USD Technical Analysis – Prices formed a bearish Dark Cloud Cover candlestick on a retest of resistance at a falling trend line set from early January,...
EUR/USD Technical Analysis– Prices broke below support at 1.2842, the 23.6% Fibonacci expansion, exposing the 38.2% level at 1.2716. A further drop below that aims for...
THE TAKEAWAY: The US Dollar continues to stall at technical resistance while SP 500 positioning continues to hint prices are vulnerable to a reversal downward. US...