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GBP/USD Technical Analysis – Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern. A break above resistance at 1.5465, the 76.4% Fibonacci retracement,...
EUR/GBP Technical Analysis – Prices are retesting support-turned-resistance at 0.8494, with a break higher on a daily closing basis eyeing the April 16 close at 0.8575....
GBP/JPY Technical Analysis– Prices are recovering from rising trend line support to test above the 23.6% Fibonacci retracement at 152.30, with a break higher exposing the...
USD/CHF Technical Analysis– Prices declined as expected after putting in a Bearish Engulfing candlestick pattern, taking out support marked by arising trend line set from early...
USD/CAD Technical Analysis– Prices declined as expected after putting in a bearish Dark Cloud Cover candlestick pattern below the 1.04 figure. Sellers now challenge support at...
NZD/USD Technical Analysis– Prices pierced critical support marked by the 61.8% Fibonacci retracement (0.7921) and a rising trend line set from June 2009. Sellers now target...
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...
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 test the 38.2% level...
EUR/JPY Technical Analysis– Prices are retesting trend line support-turned-resistance set from early April, with a break higher targeting the 61.8% Fibonacci retracementat 130.88. Near-term support is...
Pivot: 0.79 Our preference: Short positions below 0.79 with targets @ 0.778 0.775 in extension. Alternative scenario: Above 0.79 look for further upside with 0.7925 0.7975...