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Pivot: 1367.00 Our preference: LONG positions above 1367 with targets @ 1384 1394. Alternative scenario: The downside penetration of 1367 will call for a slide towards...
INTRADAY PERFORMANCE UPDATE: 09:50 GMT Dow Jones FXCM Dollar Index (Ticker: USDOLLAR): +0.03% (+0.59%prior 5-days) ASIA/EUROPE FOREX NEWS WRAP The US Dollar has seen a bit...
Pivot: 22.70 Our preference: LONG positions above 22.7 with 23.35 23.6 in sight. Alternative scenario: The downside penetration of 22.7 will call for a slide towards...
USD/CAD Technical Analysis – Prices advanced as expected after putting in a bullish Three Inside Up candlestick pattern. The bulls are now testing above resistance at...
NZD/USD Technical Analysis – Prices recoiled from triple top resistance at 0.8096 to break below support at 0.7928, 23.6% Fibonacci expansion. Sellers are now testing support...
EUR/JPY Technical Analysis – Prices soared past resistance at a falling trend line set from late July and the 38.2% Fibonacci expansion at 130.93 to challenge...
AUD/USD Technical Analysis – Prices reversed lower through support at 0.9035, exposing the August 5 low at 0.8847. This level is reinforced by the 23.6% Fibonacci...
USD/CHF Technical Analysis – Prices put in a bullish Piercing Line candlestick pattern above support at a rising trend line set from February 2012, hinting a...
EUR/GBP Technical Analysis – Prices are wedged between support at a rising trend line set from the July 2012 low and resistance in the 0.8566-83 area,...
GBP/USD Technical Analysis – Prices broke below support at a rising trend line set from the August 2 low to challenge support at 1.5585, the 14.6%...