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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...
USD/CHF Technical Analysis – Prices recoiled from resistance at 0.9394, the 38.2% Fibonacci retracement, sinking to test the 23.6% Fib expansion level at 0.9259. A break...
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...