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USD/CAD Technical Analysis– Prices are testing falling channel support at 1.0089, a barrier reinforced by the 38.2% Fibonacci retracementat 1.0070. A break below the latter level...
NZD/USD Technical Analysis– Prices broke resistance at 0.8611, the 61.8% Fibonacci expansion, exposing the 76.4% level at 0.8717. The 0.8611 mark has been recast as near-term...
AUD/USD Technical Analysis– Prices put in a Doji candlestick below resistance in the 1.0584-97 area, marked by the 61.8% Fibonacci expansion and a multi-month range top,...
GBP/USD Technical Analysis – Prices broke above resistance at 1.5354, the 50% Fibonacci retracement, exposing the 61.8% level at 1.5478. A further push beyond that eyes...
USD/JPY Technical Analysis– Prices broke resistance at 98.42, the 100% Fibonacci extension, exposing the 123.6% level at 99.80. A further push above that eyes the 138.2%...
EUR/USD Technical Analysis– Prices continue to probe higher after putting in a bullish Harami candlestick pattern. Buyers are targeting the 23.6% Fibonacci expansion at 1.3139, with...
Pivot: 152.3 Our preference: Long @ 152.5 with targets @ 153.9 154.7 in extension. Alternative scenario: Below 152.3 look for further downside with 151.5 150.5 as...
Pivot: 0.86 Our preference: Long positions above 0.86 with targets @ 0.868 0.871 in extension. Alternative scenario: Below 0.86 look for further downside with 0.857 0.8535...
Pivot: 1.05 Our preference: Long positions above 1.05 with targets @ 1.058 1.06 in extension. Alternative scenario: Below 1.05 look for further downside with 1.0465 1.0445...
Pivot: 1.3065 Our preference: Long positions above 1.3065 with targets @ 1.314 1.316 in extension. Alternative scenario: Below 1.3065 look for further downside with 1.303 1.2995...