Connect with us
USD/JPY Technical Analysis – Prices are pushing higher after putting in a Bullish Engulfing candlestick pattern. A break above resistance at 97.63, the 23.6% Fibonacci expansion,...
EUR/USD Technical Analysis – Prices are turning lower after putting in a bearish Dark Cloud Cover candlestick pattern below resistance in the 1.3416 area, the June...
GBP/USD Technical Analysis – Prices are edging lower after putting in a bearish Three Inside Down candlestick pattern below resistance at a falling trend line set...
GBP/JPY Technical Analysis – Prices vaulted sharply higher, pushing through the 38.2% and 50% Fibonacci expansions to test the 61.8% level (151.88). A break above that...
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...
EUR/GBP Technical Analysis – Prices broke below support at 0.8583, a level marked by the intersection of the 50% Fibonacci retracement and a familiar horizontal pivot...
Pivot: 0.914 Our preference: Short positions below 0.914 with targets @ 0.904 0.898 in extension. Alternative scenario: Above 0.914 look for further upside with 0.9185 0.922...
Pivot: 0.8 Our preference: Short positions below 0.8 with targets @ 0.788 0.784 in extension. Alternative scenario: Above 0.8 look for further upside with 0.8055 0.81...
Pivot: 97.55. Our preference: LONG positions @ 97.65 with targets @ 98.6 98.85. Alternative scenario: The downside penetration of 97.55 will call for 96.95 96.35. Comment:...
Pivot: 0.861 Our preference: Short positions below 0.861 with targets @ 0.8535 0.852 in extension. Alternative scenario: Above 0.861 look for further upside with 0.8625 0.8645...