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EUR/JPY Technical Analysis – Prices have launched a sharp recovery, pushing above resistance at the 23.6% Fibonacci expansion (129.80) to expose the 38.2% mark at 130.93....
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....
USD/CAD Technical Analysis – Prices put in a bullish Harami candlestick pattern above support at a rising trend line set from early May, hinting a move...
USD/JPY Technical Analysis – Prices are pushing higher after putting in a Bullish Engulfing candlestick pattern. Buyers are testing above resistance at 97.63, the 23.6% Fibonacci...
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...
US Dollar Technical Analysis– Prices put in a Bullish Engulfing candlestick pattern, hinting a move higher is ahead. Initial resistance is at 10735, the 23.6% Fibonacci...
EUR/USD continues to meander between key long and short-term pivots while NZD/USD consolidates below important resistance. AUD/USD may have recorded an important cyclical low last week....
Pivot: 0.8055 Our preference: Short positions below 0.8055 with targets @ 0.793 0.788 in extension. Alternative scenario: Above 0.8055 look for further upside with 0.81 0.8135...
Pivot: 1.552 Our preference: Short positions below 1.552 with targets @ 1.5435 1.5385 in extension. Alternative scenario: Above 1.552 look for further upside with 1.5555 1.5595...
Pivot: 1.5520. Our preference: SHORT positions @ 1.551 with targets @ 1.5385 1.533. Alternative scenario: The upside penetration of 1.552 will call for 1.5555 1.5595. Comment:...