Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader FOREXAnalysis: The 6/19 close (FOMC day) continues to act...
Pivot: 0.91 Our preference: Short positions below 0.91 with targets @ 0.902 0.9 in extension. Alternative scenario: Above 0.91 look for further upside with 0.913 0.916...
USD/CHF Technical Analysis – Prices are testing support at a rising trend line set from February, a barrier reinforced by the 38.2% Fibonacci expansion at 0.9175....
NZD/USD Technical Analysis – Prices recoiled from resistance at 0.8110, the 100% Fibonacci expansion, to retest a falling trend line set from early April. This barrier...
EUR/JPY Technical Analysis – Prices are consolidating below resistance at 130.93, a level marked by the 38.2% Fibonacci expansion and reinforced by a falling trend line...
EUR/GBP Technical Analysis – Prices are re-testing the intersection of a rising trend line set from late April and the 61.8% Fibonacci retracement (0.8539) – a...
GBP/JPY Technical Analysis – Prices are testing resistance at the top of a Triangle chart pattern (153.06), a setup hinting at consolidation preceding bullish trend continuation....
AUD/USD Technical Analysis – Prices bounced as expected after putting in a Hammer candlestick above resistance-turned-support at the top of a falling channel set from April....
USD/JPY Technical Analysis – Prices continue to consolidate in a large Triangle chart pattern carved out since late February. The pair is testing support at 97.28,...
USD/CAD Technical Analysis – Prices put in a bullish Three Inside Up candlestick pattern above support at a rising trend line set from early May, hinting...