Pivot: 0.9165 Our preference: Long positions above 0.9165 with targets @ 0.922 0.9255 in extension. Alternative scenario: Below 0.9165 look for further downside with 0.912 0.9075...
Gold breaks above a major resistance level this week while EUR/USD continues to consolidate below 1.3415. USD/JPY in a narrow range. To receive other reports from...
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...