Connect with us
EUR/JPY Technical Analysis– Prices are bouncing from support at 125.13, the 50% Fibonacci retracement, to test above the 38.2% level at 127.18. A confirmed break higher...
AUD/USD Technical Analysis– Prices are descending toward support is at 0.9415, the 23.6% Fibonacci expansion, with a break beneath that targeting the 38.2% level at 0.9260....
GBP/USD Technical Analysis – Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern. A break above resistance at 1.5600, the 76.4% Fibonacci expansion,...
US Dollar Technical Analysis– Prices moved lower as expected after putting in a Bearish Engulfing candlestick pattern. Sellers have now overcome the 38.2% Fibonacci retracement at...
EUR/USD Technical Analysis– Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern. The pair cleared the 100% Fibonacci expansion at 1.3293, exposing the...
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...