Pivot: 1.3415 Our Preference: SHORT position below 1.3415 with 1.2990 in sight. A downside breakout of 1.2990 would trigger a bearish acceleration towards 1.2750. Alternative Scenario:...
GBP/JPY Technical Analysis – Prices are stalling below resistance at the top of a Triangle chart pattern (153.18), a setup typically indicative of consolidation preceding trend...
EUR/GBP Technical Analysis – Prices are testing below support at a rising trend line set from late April (0.8529), a barrier reinforced by the 61.8% Fibonacci...
Gold the SP 500 break major levels while USD/JPY fails at Gann resistance. To receive other reports from this author via e-mail, sign up to Kristian’s...
USD/JPY Technical Analysis – A rally following the formation of a Bullish Engulfing candlestick pattern faltered below resistance at 98.78, the 38.2% Fibonacci expansion. Prices have...
GBP/USD Technical Analysis – Prices broke resistance at a falling trend line set from mid-December, hinting a larger-scale upward reversal is in progress. Near-term resistance from...
EUR/JPY Technical Analysis – Prices are stalling above the 23.6% Fibonacci expansion at 129.80. A break below that aims for the August 12 low at 127.96....
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...
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....
NZD/USD Technical Analysis – Prices took out resistance at a falling trend line set from early April, exposing the 100% Fibonacci expansion at 0.8110. A break...