AUD/USD Technical Analysis– Prices are testing above resistance at 10493, the 38.2% Fibonacci expansion. A break above that targets the 50% level at 1.0539. Near-term support...
USD/JPY Technical Analysis– Prices broke resistance at 98.42, the 100% Fibonacci extension, exposing the 123.6% level at 99.80. A further push above that eyes the 138.2%...
GBP/USD Technical Analysis – Prices are testing resistance at 1.5354, the 50% Fibonacci retracement, with a break above that targeting the 61.8% level at 1.5478. Near-term...
EUR/USD Technical Analysis– Prices continue to push higher after putting in a bullish Harami candlestick pattern. Buyers are targeting the 23.6% Fibonacci expansion at 1.3139, with...
ASIA/EUROPE FOREX NEWS WRAP The commodity dollar bloc is outperforming for the second day in a row this week, as Chinese trade data from March showed...
Pivot: 89.00 Our Preference: Bullish above 89 with targets @ 98.1 100.6 in extension. Alternative Scenario: Below 89 eye a drop towards 84 and 77.3 in...
Pivot: 89.00 Our Preference: Bullish above 89 with targets @ 98.1 100.6 in extension. Alternative Scenario: Below 89 eye a drop towards 84 and 77.3 in...
Pivot: 1576.00 Our preference: LONG positions above 1576 with 1603 1608 in sight. Alternative scenario: The downside penetration of 1576 will call for a slide towards...
Pivot: 27.35 Our preference: LONG positions above 27.35 with 28.1 28.5 as next targets. Alternative scenario: The downside penetration of 27.35 will call for 27.1 26.95....
Pivot: 0.8495 Our preference: Long positions above 0.8495 with targets @ 0.854 0.856 in extension. Alternative scenario: Below 0.8495 look for further downside with 0.8465 0.8435...