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GBP/JPY Technical Analysis– Prices continue to consolidate below resistance at 154.00, the 14.6% Fibonacci retracement. A break below support at 152.30, the 23.6% level, targets the...
EUR/JPY Technical Analysis– Prices declined as expected to test falling trend line resistance-turned-support set from early April, now at 129.49. A break below that exposes the...
USD/CHF Technical Analysis– Prices declined as expected after putting in a Bearish Engulfing candlestick pattern. Sellers took out support at 0.9447, the 61.8% Fibonacci retracement, to...
USD/CAD Technical Analysis– Prices declined as expected after putting in a bearish Dark Cloud Cover below the 1.04 figure. Sellers now aim to challenge support at...
NZD/USD Technical Analysis– Prices are testing critical support in the 0.7895-0.7921 region marked by the 61.8% Fibonacci retracement and a rising trend line set from June...
AUD/USD Technical Analysis– Prices broke support in the 0.9542-80 area, marked by the June 2012 low and the 23.6% Fibonacci expansion, to expose the 38.2% level...
GBP/USD Technical Analysis – Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern. A break above resistance at 1.5377, the 61.8% Fibonacci retracement,...
USD/JPY Technical Analysis– Prices declined as expected after putting in a Bearish Engulfing candlestick pattern. The pair has now taken out support at 100.69, the 23.6%...
EUR/USD Technical Analysis– Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern. The pair has broken above a falling trend line set from...
Pivot: 1.0325 Our preference: Long positions above 1.0325 with targets @ 1.038 1.042 in extension. Alternative scenario: Below 1.0325 look for further downside with 1.0275 1.0255...