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GBP/JPY Technical Analysis– Prices are testing resistance at 151.49, the 138.2% Fibonacci expansion. A break above that initially eyes the 150% mark at 152.44. Near-term support...
EUR/JPY Technical Analysis– Prices are testing resistance at 129.25, the 138.2% Fibonacci expansion. A break above that eyes the 150% level at 130.11. Near-term support is...
USD/CHF Technical Analysis– Prices continue to push lower after putting in a Dark Cloud Cover candlestick pattern below trend line support-turned-resistance. Sellers took out support at...
USD/CAD Technical Analysis– Prices are testing resistance at 1.0174, the 23.6% Fibonacci retracement. A break above that eyes falling channel resistance at 1.0228. Channel support is...
AUD/USD Technical Analysis– Prices are testing above resistance at 1.0438, the 23.6% Fibonacci expansion. A break above that targets the 38.2% level at 1.0493. Near-term support...
NZD/USD Technical Analysis– Prices are testing resistance at 0.8471, the 50% Fibonacci expansion, with a break below that targeting the 61.8% level at 0.8544. Near-term support...
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...
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%...
EUR/USD Technical Analysis– Prices continue to push higher after putting in a bullish Harami candlestick pattern. Buyers narrowly broke above the 1.30 figure, exposing the 23.6%...
ASIA/EUROPE FOREX NEWS WRAP The US Dollar is experiencing a mild pullback overnight after tremendous gains in the Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) the...