GBP/USD Technical Analysis – Prices are testing resistance at 1.5576, the 76.4% Fibonacci expansion, a barrier reinforced by a falling trend line set from mid-December 2012...
EUR/USD Technical Analysis – Prices took out resistance at a falling trend line set from February to expose the 38.2% Fibonacci expansion at 1.3412. A further...
EUR/USD Technical Analysis – Prices took out resistance at a falling trend line set from February to expose the 38.2% Fibonacci expansion at 1.3412. A further...
USD/JPY Technical Analysis – 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/JPY Technical Analysis – 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...
THE TAKEAWAY: The US Dollar dropped for a fifth consecutive day, hitting the lowest levels in close to 2 months, while the SP 500 is stalling...
Pivot: 0.904 Our preference: Long positions above 0.904 with targets @ 0.921 0.9255 in extension. Alternative scenario: Below 0.904 look for further downside with 0.8985 0.8915...
Weekly Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? FOREXAnalysis: No change – “The USDCHF was unable to...
Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? Commodity Analysis: “Given extremes in Crude COT and the...
Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader FOREXAnalysis: The USDOLLAR declined for a 5th consecutive day...