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USD/CHF Technical Analysis– Prices are testing resistance at 0.9542, the 61.8% Fibonacci expansion. A break above that aims for the 76.4% level at 0.9622. Near-term support...
EUR/JPY Technical Analysis– Prices are approaching resistance at 132.35, the 61.8% Fibonacci expansion. A break above that targets the 76.4% level at 134.10. Near-term support is...
USD/CAD Technical Analysis– Prices put in a bullish Morning Star candlestick pattern above support at a rising trend line set from mid-September 2012, hinting a move...
NZD/USD Technical Analysis– Prices are testing below resistance at 0.8387, the 23.6% Fibonacci retracement. A confirmed break on a daily close basis targets the 38.2% level...
AUD/USD Technical Analysis– Prices broke support at the bottom of a multi-month range in the 1.0163-81 area, a barrier reinforced by the 38.2% Fibonacci expansion at...
USD/JPY Technical Analysis– Prices are testing resistance at 101.42, the 76.4% Fibonacci expansion, with a break higher targeting the 100% level at 103.16. Near-term support is...
GBP/USD Technical Analysis – Prices declined as expected after putting in a Shooting Star candlestick below resistance at the top of a rising channel set from...
EUR/USD Technical Analysis– Prices took out rising trend line support set from early March to challenge the 23.6% Fibonacci expansion at 1.3014. A break below this...
Pivot: 0.8460. Our preference: SHORT positions below 0.846 with 0.8415 0.84 in sight. Alternative scenario: The upside penetration of 0.846 will call for a rebound towards...
Pivot: 154.95 Our preference: Long positions above 154.95 with targets @ 156.45 157 in extension. Alternative scenario: Below 154.95 look for further downside with 154.1 153.2...