US Dollar Technical Analysis– Prices recoiled from resistance at 10744, the 38.2% Fibonacci expansion, reversing through the 23.6% level at 10708 to expose the August 8...
EUR/USD Technical Analysis – Prices rebounded from support at 1.3244, the 23.6% Fibonacci expansion, to retest the underside of a broken Rising Wedge chart formation (now...
INTRADAY PERFORMANCE UPDATE: 09:30 GMT Dow Jones FXCM Dollar Index (Ticker: USDOLLAR): 0.00% (+0.12%prior 5-days) ASIA/EUROPE FOREX NEWS WRAP The US Dollar wiped out the week’s...
THE TAKEAWAY: The US Dollar declined alongside the SP 500, recoiling from chart resistance as the benchmark stock index sank to the lowest level in five...
Pivot: 1342.00 Our preference: LONG positions above 1342 with 1375 1394 as next targets. Alternative scenario: The downside penetration of 1342 will call for a slide...
Pivot: 151.45 Our preference: Long positions above 151.45 with targets @ 153.3 153.75 in extension. Alternative scenario: Below 151.45 look for further downside with 151.15 150.6...
Pivot: 1315.00 Our preference: LONG positions above 1315 with 1375 1394 as next targets. Alternative scenario: The downside breakout of 1315 will open the way to...
4Hour Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? FOREXAnalysis: “The AUDUSD rally has stalled at the 78.6%...
Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? FOREXAnalysis: The USDJPY appears to have completed 5 waves...
Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? Commodity Analysis: Gold broke through the July high and...