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Pivot: 0.85 Our preference: Short positions below 0.85 with targets @ 0.8465 0.844 in extension. Alternative scenario: Above 0.85 look for further upside with 0.8515 0.853...
Pivot: 150.35 Our preference: Short positions below 150.35 with targets @ 148.85 148.25 in extension. Alternative scenario: Above 150.35 look for further upside with 151.15 151.9...
Pivot: 127.9 Our preference: Short @ 127.7 with targets @ 126.9 126.5 in extension. Alternative scenario: Above 127.9 look for further upside with 128.45 129.2 as...
Pivot: 98.30. Our preference: SHORT positions @ 98.2 with 97.2 96.8 as next targets. Alternative scenario: The upside penetration of 98.3 will call for a rebound...
GBP/JPY Technical Analysis– Prices moved lower as expected after putting in back-to-back Doji candlesticks below resistance in the 151.20-56 area, marked by a horizontal pivot in...
NZD/USD Technical Analysis– Prices are recovering as suspected after putting in a Doji candlestick. Near-term resistance is at 0.7827, the 14.6% Fibonacci retracement, with a break...
US Dollar Technical Analysis– Prices are pushing higher eyeing resistance at 10781, the 76.4% Fibonacci retracement. A break higher exposes the May 29 swing high at...
GBP/USD Technical Analysis – Prices pulled back as expected after putting in a Hanging Man candlestick below support-turned-resistance at the underside of a rising channel set...
USD/CAD Technical Analysis– Prices pulled back as expected, completing a bearish Evening Star candlestick pattern. Initial support is at 1.0427, the 23.6% Fibonacciretracement, with a break...
AUD/USD Technical Analysis– Prices are recovering as expected. Near-term resistance is at 0.9386, a major support-turned-resistance level dating back to late October 2011, followed by the...