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Pivot: 1359.00 Our preference: LONG positions above 1359 with 1379 1384 as next targets. Alternative scenario: The downside breakout of 1359 will open the way to...
EUR/USD fails after breaching last quarter’s high while GBP/USD stalls at important Fibonacci resistance. Gold still in consolidation mode. To receive other reports from this author...
EUR/GBP Technical Analysis – Prices are wedged between support at a rising trend line set from the July 2012 low and resistance in the 0.8566-83 area,...
INTRADAY PERFORMANCE UPDATE: 09:50 GMT Dow Jones FXCM Dollar Index (Ticker: USDOLLAR): +0.32% (+0.80% prior 5-days) ASIA/EUROPE FOREX NEWS WRAP Signs of a stabilizing China and...
AUD/USD Technical Analysis – Prices reversed lower through support in the 0.8997-0.9035 area, exposing the August 5 low at 0.8847. This level is reinforced by the...
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 now aim to challenge...
EUR/JPY Technical Analysis – Prices are testing above a falling trend line set from late July (now at 130.41) to challenge the 38.2% Fibonacci expansion at...
GBP/JPY Technical Analysis – Prices are testing resistance at the top of a Triangle chart pattern (152.92), a setup hinting at consolidation preceding bullish trend continuation....
USD/JPY Technical Analysis – Prices continue to consolidate in a large Triangle chart pattern carved out since late February. The pair is attempting to building higher...
EUR/USD Technical Analysis – Prices put in a bearish Dark Cloud Cover candlestick pattern below resistance in the 1.3416-51 area, marked by the June 19 high...