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Hourly Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader FOREXAnalysis: The USDOLLAR rally is impressive and has retraced...
4Hour Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? Commodity Analysis: No change – “Gold’s rally reversed gains...
4Hour Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? FOREXAnalysis: The USDJPY rocketed all day, eliminating the short...
The US dollar index has now been range bound for the longest period in the last 28 years, and when that range is ultimately broken, it...
Pivot: 105.25 Our preference: LONG positions above 105.25 with targets @ 107.5 108.9. Alternative scenario: The downside penetration of 105.25 will call for a slide towards...
USD/JPY Technical Analysis – Prices are recovering from support at 97.65, the 50% Fibonacci retracement, to challenge the 38.2% level at 98.56. A break above this...
USD/CHF Technical Analysis – Prices are tracing out a bullish Falling Wedge chart pattern above rising trend line support set from February, hinting a reversal higher...
Pivot: 1306.00 Our preference: LONG positions above 1306 with targets @ 1334 1340. Alternative scenario: The downside breakout of 1306 will open the way to 1298...
USD/CAD Technical Analysis – Prices broke resistance at a falling trend line set from the July 5 swing top, hinting a move higher is ahead. Near-term...
GBP/USD Technical Analysis – Prices turned lower as expected after putting in a bearish Evening Star candlestick pattern. Sellers are now testing support at 1.5212, the...