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Pivot: 20.25 Our preference: SHORT positions below 20.25 with targets @ 19.25 18.7. Alternative scenario: The upside breakout of 20.25 will open the way to 20.6...
EUR/GBP Technical Analysis – Prices rebounded as expected after putting in a bullish Piercing Line candlestick pattern above support at 0.8583, a horizontal pivot dating back...
AUD/USD Technical Analysis – Prices are in consolidation mode having taken out resistance at the top of a falling channel set from April. The first layer...
GBP/USD Technical Analysis – Prices put in a bearish Evening Star candlestick pattern, hinting a move lower is ahead. Negative RSI divergence reinforces the case for...
EUR/JPY Technical Analysis – Prices broke lower as expected after putting gin a Bearish Engulfing candlestick pattern. Prices are testing support at 129.76, the 38.2% Fibonacci...
USD/CHF Technical Analysis – Prices are pulling back from resistance at 0.9313, a barrier marked by the 61.8% Fibonacci expansion and reinforced by a falling trend...
USD/CAD Technical Analysis – Prices are testing above resistance at a falling trend line set from the July 5 high (now at 1.0263), with a break...
NZD/USD Technical Analysis – Prices broke higher as expected. Prices are now pulling back through the 23.6% Fibonacci retracement to test support at a rising trend...
USD/JPY Technical Analysis – Prices broke support at 98.56, the 38.2% Fibonacci retracement, exposing the 50% mark at 96.74. A further push beneath that targets the...
EUR/USD Technical Analysis – Prices took out resistance at 1.3260 marked by the 76.4% Fibonacci retracement. The bulls now aim to challenge the June 18 swing...