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Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? FOREXAnalysis: “The USDJPY has recovered a significant portion of...
Weekly Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? FOREXAnalysis: “The close 2 weeks ago confirmed a break...
Pivot: 1365. Our Preference: Bearish below 1365 with targets @ 1150 1080 in extension. Alternative scenario: An upside breakout of 1365 would open the way towards...
Pivot: 93.50 Our Preference: LONG position above 93.5 with 103.8 106 in sight. Alternative Scenario: Below 93.5 down move to 90.85 87.5. Comment: the pair has...
Pivot: 1.0095 Our Preference: Long position above 1.0095 with 1.0650 1.0800 in sight. Alternative Scenario: Below 1.0095 look for further decline to 0.9625. Comment: a key...
GBP/USD Technical Analysis – Prices found support at a rising trend line set from mid-March and moved to retest above the 76.4% Fibonacci retracement at 1.5183....
USD/CAD Technical Analysis– Prices are testing resistance at 1.0544, the 100% Fibonacciexpansion, with a break higher aiming for the 123.6% level at 1.0640. Emerging signs of...
AUD/USD Technical Analysis– Prices are testing below support at 0.9134, the 14.6% Fibonacci retracement, with a break downward targeting the 23.6% level at 0.9005. Positive RSI...
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...
Pivot: 0.8545 Our preference: Short positions below 0.8545 with targets @ 0.8495 0.8475 in extension. Alternative scenario: Above 0.8545 look for further upside with 0.8575 0.8595...