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Pivot: 0.8985 Our preference: Long positions above 0.8985 with targets @ 0.9095 0.9125 in extension. Alternative scenario: Below 0.8985 look for further downside with 0.8915 0.8845...
Pivot: 1282.00 Our preference: LONG positions above 1282 with targets @ 1297 1307. Alternative scenario: The downside penetration of 1282 will call for 1273 1266. Comment:...
EUR/USD is on the verge of confirming a change in trend. NZD/USD still looks higher while EUR/GBP flirts with key support and AUD/USD nears an important...
EUR/GBP Technical Analysis – Prices broke support at a rising trend line set from late June to challenge 0.8583, a level marked by the intersection of...
INTRADAY PERFORMANCE UPDATE: 09:40 GMT Dow Jones FXCM Dollar Index (Ticker: USDOLLAR): -0.24% (+0.66%prior 5-days) ASIA/EUROPE FOREX NEWS WRAP It is no secret that the Australian...
EUR/USD Technical Analysis – Prices continue to test resistance at a falling trend line set from February, now at 1.3335. Negative RSI divergence argues in favor...
USD/CHF Technical Analysis – Prices broke support at a rising trend line set from February, exposing the 38.2% Fibonacci expansion at 0.9189. A further push beneath...
NZD/USD Technical Analysis – Prices broke above resistance at 0.7914, exposing a falling trend line set from early April (now at 0.8032). This barrier is reinforced...
GBP/JPY Technical Analysis – Prices pulled back after retesting support-turned-resistance at a rising trend line set from mid-June. Sellers are now poised to test support at...
EUR/JPY Technical Analysis – Prices are testing support at 128.31, the 50% Fibonacci expansion, with a break confirmed on a daily closing basis exposing the 61.8%...