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Aussie strength coupled with Loonie weakness has caused the AUDCAD to run far and fast to the upside, but with the charts signaling exhaustion, a near-term...
Pivot: 0.9125 Our preference: Long positions above 0.9125 with targets @ 0.9255 0.929 in extension. Alternative scenario: Below 0.9125 look for further downside with 0.909 0.904...
The USDOLLAR took a hit this week, trading to its lowest level since 6/19 (FOMC). Aside from the psychological and volume impact that the 6/19 close...
Pivot: 1304.00 Our preference: LONG positions above 1304 with 1320 1328 in sight. Alternative scenario: The downside penetration of 1304 will call for a slide towards...
Pivot: 0.798 Our preference: Long positions above 0.798 with targets @ 0.81 0.8135 in extension. Alternative scenario: Below 0.798 look for further downside with 0.793 0.788...
EUR/USD is nearing a major inflection point in price. USD/JPY broke a key support this week, but has some room before turning longer-term negative. Gold still...
USD/JPY broke below key support this week, but is nearing another key zone. USD/CHF is on the verge of a broader trend shift while the SP...
INTRADAY PERFORMANCE UPDATE: 09:40 GMT Dow Jones FXCM Dollar Index (Ticker: USDOLLAR): -0.15% (-1.56% prior 5-days) ASIA/EUROPE FOREX NEWS WRAP The US Dollar is in the...
USD/JPY Technical Strategy: Flat Prices took out support at 96.74, the 61.8%Fibonacci retracement, to expose the 76.4% level at 95.60. This barrier is reinforced by a...
USD/CAD Technical Strategy: Flat Prices recoiled from swing top resistance at 1.0441, sinking back to key support at a rising trend line set from early May...