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AUD/USD Technical Analysis– Prices broke support at 0.9134, the 14.6% Fibonacci retracement, exposing the 23.6% level at 0.9005. A further push beneath that targets channel support...
GBP/JPY Technical Analysis– Prices broke above resistance in the 151.20-56 area, marked by a former support level in play since late April and the 23.6% Fibonacci...
NZD/USD Technical Analysis– Prices are edging higher as suspected after putting in a Doji candlestick. Near-term resistance is at 0.7827, the 14.6% Fibonacci retracement, with a...
EUR/GBP Technical Analysis – Prices recoiled from familiar range resistance at 0.8584, dropping to trend line support set from late April. This juncture is reinforced by...
USD/JPY Technical Analysis– Prices put in a bearish Dark Cloud Cover candlestick pattern below resistance at 100.68, the 61.8% Fibonacci expansion, hinting a reversal lower maybe...
USD/CAD Technical Analysis– Prices turned lower as suspected, completing a bearish Dark Cloud Cover candlestick to hint at continued weakness ahead. Near-term support is at 1.0444,...
USD/CHF Technical Analysis– Prices put in a bearish Dark Cloud Cover candlestick pattern, hinting a move lower is ahead. Near-term support is at 0.9425, the 14.6%...
GBP/USD Technical Analysis – Prices put in a Bullish Engulfing candlestick pattern above support at a rising trend line set from mid-March, hinting a move higher...
EUR/JPY Technical Analysis– Prices are pulling back from resistance at 130.72, the 38.2% Fibonacci expansion. Near-term support is at 128.51, the 23.6% level, with a drop...
Pivot: 1.0485 Our preference: Long positions above 1.0485 with targets @ 1.0555 1.058 in extension. Alternative scenario: Below 1.0485 look for further downside with 1.0455 1.042...