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USD/JPY Technical Analysis– Prices declined as expected after putting in a Bearish Engulfing candlestick pattern. The pair is now showing an Inverted Hammer candle above support...
Want to add the Moving Average Dashboard to your charts? Download it free on FXCMApps.com. TREND IN FOCUS: EURCAD (D1 Chart) – EURCAD has a perfect...
ASIA/EUROPE FOREX NEWS WRAP After yesterday’s slightly Bullish Engulfing pattern, alongside the USDJPY’s Double Inside Day pivot, the Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) has...
THE TAKEAWAY: The US Dollar has stalled to digest recent losses after breaking its 2013 rising trend as traders await the outcome of the FOMC monetary...
Pivot: 1.5685 Our preference: Long positions above 1.5685 with targets @ 1.575 1.5795 in extension. Alternative scenario: Below 1.5685 look for further downside with 1.5645 1.561...
Pivot: 22.23 Our preference: SHORT positions below 22.23 with 21.55 21.38 as next targets. Alternative scenario: The upside penetration of 22.23 will call for 22.5 22.85....
Pivot: 1.23 Our preference: Long positions above 1.23 with targets @ 1.236 1.2385 in extension. Alternative scenario: Below 1.23 look for further downside with 1.227 1.225...
View COT data in MT4 Latest CFTC Release dated June 11, 2013: The COT Index is the difference between net speculative positioning and net commercial positioning...
Pivot: 0.9665 Our preference: Short positions below 0.9665 with targets @ 0.949 0.945 in extension. Alternative scenario: Above 0.9665 look for further upside with 0.9725 0.979...
Daily Chart Prepared by Jamie Saettele, CMT using Are you new to FX or curious about your trading IQ? FOREXAnalysis: The USDOLLAR is the topside of...