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Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: No change: “The EURUSD...
Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: The GBPUSD has entered...
US Dollar Technical Analysis– Prices moved lower as expected, taking out the 14.6% Fibonacci retracement level at 10711 and exposing the 23.6% Fib at 10609. A...
EUR/GBP Technical Analysis – The formation of a Triangle chart preceded a breakout higher, as expected. Prices are now testing below near-term support is at 0.8526,...
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...
Pivot: 0.9400 Our preference: Up move expected towards 0.9650 0.9870. Alternative scenario: A downside breakout of 0.94 would call for further weakness to 0.9240. Comment: the...
EUR/JPY Technical Analysis– Prices declined as expected to test falling trend line resistance-turned-support set from early April, now at 129.52. 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 0.9522, the 50% 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 put in a Bullish Engulfing candlestick pattern above major support at a rising trend line set from June 2009, hinting a move...