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EUR/JPY Technical Analysis– Prices are testing below support at 131.65, the 14.6% Fibonacci retracement. A break below that targets the 23.6% level at 130.34. Near-term resistance...
Pivot: 21.95 Our preference: LONG positions above 21.95 with targets @ 23.2 23.8. Alternative scenario: The downside breakout of 21.95 will open the way to 21.7...
AUD/USD Technical Strategy: Flat Prices are testing support in the 0.9663-82 area, marked by the November 23 2011 low and the 23.6% Fibonacci expansion. A break...
EUR/USD Technical Strategy: Flat Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern. A break above the 23.6% Fibonacciexpansion at 1.2913 has exposed...
NZD/USD Technical Strategy: Flat Prices put in a Bullish Engulfing candlestick pattern above support at 0.8052, the November 16 2012 low, hinting a move higher is...
USD/JPY Technical Strategy: Flat Prices declined as expected after putting in a Bearish Engulfing candlestick pattern. Sellers are testing below initial support at 101.84, the 14.6%...
US Dollar Technical Analysis– Prices put in a Dark Cloud Cover candlestick pattern, hinting a move lower may be ahead. Negative RSI divergence reinforces the case...
USD/CHF Technical Analysis– Prices are testing support at 0.9687, the 23.6% Fibonacci retracement, after completing a Bearish Engulfing candlestick pattern. Negative RSI divergence argues in favor...
USD/CAD Technical Analysis– Prices advanced as expected after putting in a bullish Morning Star candlestick pattern above support at a rising trend line set from mid-September...
NZD/USD Technical Analysis– Prices put in a Bullish Engulfing candlestick pattern above support at 0.8052, the November 16 2012 low, hinting a move higher is ahead....