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GBP/JPY Technical Analysis– Prices are testing resistance at 152.44, the 150% Fibonacci expansion. A break above that initially eyes the 161.8% mark at 153.39. Near-term support...
USD/CHF Technical Analysis– Prices continue to push lower after putting in a Dark Cloud Cover candlestick pattern below trend line support-turned-resistance. Sellers took out support at...
EUR/JPY Technical Analysis– Prices are testing resistance at 130.11, the 150% Fibonacci expansion. A break above that eyes the 161.8% level at 130.97. Near-term support is...
USD/CAD Technical Analysis– Prices are testing resistance at 1.0174, the 23.6% Fibonacci retracement. A break above that eyes falling channel resistance at 1.0224. Channel support is...
NZD/USD Technical Analysis– Prices are testing resistance at 0.8544, the 61.8% Fibonacci expansion, with a break below that targeting the 76.4% level at 0.8634. Near-term support...
AUD/USD Technical Analysis– Prices are testing above resistance at 10493, the 38.2% Fibonacci expansion. A break above that targets the 50% level at 1.0539. Near-term support...
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%...
GBP/USD Technical Analysis – Prices are testing resistance at 1.5354, the 50% Fibonacci retracement, with a break above that targeting the 61.8% level at 1.5478. Near-term...
EUR/USD Technical Analysis– Prices continue to push higher after putting in a bullish Harami candlestick pattern. Buyers are targeting the 23.6% Fibonacci expansion at 1.3139, with...
ASIA/EUROPE FOREX NEWS WRAP The commodity dollar bloc is outperforming for the second day in a row this week, as Chinese trade data from March showed...