Pivot: 1.057 Our preference: Short positions below 1.057 with targets @ 1.05 1.0465 in extension. Alternative scenario: Above 1.057 look for further upside with 1.061 1.065...
Gold recovery continues while EUR/USD stalls near key resistance. USD/JPY still constructive. To receive other reports from this author via e-mail, sign up to Kristian’s e-mail...
Deteriorating Canadian data has pushed USDCAD up against the key 1.06 resistance level once again, and if the pair manages to close above that mark, it...
GBP/USD fails at symmetry while the SP 500 bounces off key support. USD/CAD break major resistance. To receive other reports from this author via e-mail, sign...
Pivot: 1367.00 Our preference: LONG positions above 1367 with targets @ 1384 1394. Alternative scenario: The downside penetration of 1367 will call for a slide towards...
INTRADAY PERFORMANCE UPDATE: 09:50 GMT Dow Jones FXCM Dollar Index (Ticker: USDOLLAR): +0.03% (+0.59%prior 5-days) ASIA/EUROPE FOREX NEWS WRAP The US Dollar has seen a bit...
Pivot: 22.70 Our preference: LONG positions above 22.7 with 23.35 23.6 in sight. Alternative scenario: The downside penetration of 22.7 will call for a slide towards...
USD/CAD Technical Analysis – Prices advanced as expected after putting in a bullish Three Inside Up candlestick pattern. The bulls are now testing above resistance at...
NZD/USD Technical Analysis – Prices recoiled from triple top resistance at 0.8096 to break below support at 0.7928, 23.6% Fibonacci expansion. Sellers are now testing support...
EUR/JPY Technical Analysis – Prices soared past resistance at a falling trend line set from late July and the 38.2% Fibonacci expansion at 130.93 to challenge...