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AUD/USD Technical Analysis– Prices recoiled from resistance at 1.0483, the 76.4% Fibonacci retracement, after putting in a Bearish Engulfing candlestick pattern. Sellers are now testing support...
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...