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USD/JPY Technical Analysis– Prices are testing below support in the 93.77-90 area, marked by the 50% Fibonacci retracement and a rising trend line set from early...
GBP/USD Technical Analysis – Prices formed a bearish Dark Cloud Cover candlestick on a retest of resistance at a falling trend line set from early January,...
EUR/USD Technical Analysis– Prices broke below support at 1.2842, the 23.6% Fibonacci expansion, exposing the 38.2% level at 1.2716. A further drop below that aims for...
THE TAKEAWAY: The US Dollar continues to stall at technical resistance while SP 500 positioning continues to hint prices are vulnerable to a reversal downward. US...
En kurs i teknisk analys. John C Burfor går igenom tramline trading, Elliott Wave, Fibonacci och momentum trading. Allt sammanförs avslutningsvis i en gemensam analys. Kursen är...
Pivot: 28.15 Our preference: LONG positions above 28.15 with 29 29.25 in sight. Alternative scenario: The downside breakout of 28.15 will open the way to 27.95...
Pivot: 1590.00 Our preference: LONG positions above 1590 with 1608 1617 in sight. Alternative scenario: The downside penetration of 1590 will call for 1576 1561. Comment:...
Pivot: 96.25 Our preference: LONG positions above 96.25 with targets @ 97.85 98.35. Alternative scenario: The downside penetration of 96.25 will call for 95.25 94. Comment:...
Pivot: 143.2 Our preference: Short positions below 143.2 with targets @ 141.85 141.45 in extension. Alternative scenario: Above 143.2 look for further upside with 143.85 144.25...
Yen crosses are trending sideways. Currently at support, short term (next week) opportunities are on the long side. Tests of recent highs aren’t out of the...