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Pivot: 21.05 Our preference: SHORT positions below 21.05 with 19.75 19.5 as next targets. Alternative scenario: The upside breakout of 21.05 will open the way to...
Pivot: 1326.00 Our preference: SHORT positions below 1326 with targets @ 1275 1265. Alternative scenario: The upside breakout of 1326 will open the way to 1351...
NZD/USD Technical Analysis– Prices are testing support in the 0.7754-86 area marked by a trend line set from August 2010 and the 38.2% Fibonacci expansion. A...
EUR/JPY Technical Analysis– Prices are pushing higher to challenge falling trend line resistance set from late May, a barrier reinforced by the 38.2% Fibonacci expansion at...
GBP/JPY Technical Analysis– Prices are recovering to challenge resistance is the 151.20-56 area marked by a horizontal pivot in play since late April and the 23.6%...
USD/CAD Technical Analysis– Prices launched sharply higher from support at the bottom of a falling channel set from late May, with prices now testing through the...
USD/JPY Technical Analysis– Prices advanced as expected after putting in a bullish Morning Star candlestick pattern. The bulls are now testing through a key resistance cluster...
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...
EUR/USD Technical Analysis– Prices turned lower as expected, snapping the rising trend prevalent since mid-May. Sellers are now testing support at 1.3268 marked by the 23.6%...
US Dollar Technical Analysis– Prices moved lower as expected after putting in a Bearish Engulfing candlestick pattern. The greenback found interim support above a rising trend...