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EUR/JPY Technical Analysis– Prices are testing support at 128.18, the 23.6% Fibonacci retracement. A break below this barrier aims for the 38.2% level at 123.37. Near-term...
USD/CHF Technical Analysis– Prices pushed higher as expected after putting in a Bullish Engulfing candlestick pattern above the 0.92 figure. Buyers are now challenging resistance at...
USD/CAD Technical Analysis– Prices are correcting lower from resistance at 1.0284, the 38.2% Fibonacci expansion, to retest the top of a formerly broken falling channel at...
NZD/USD Technical Analysis– Prices are bouncing from support at 0.8387, the 23.6% Fibonacci retracement to test above the 14.6% level at 0.8497. A break above that...
* The Euro continues to map out a very bearish medium term outlook following the 1997 Pandora’s Box analogy. We therefore remain medium term short from...
Pivot: 1.5050 Our preference: LONG position above 1.5050 with targets at 1.56 or even 1.57. Alternative scenario: A break below 1.5050 would call for further weakness...
AUD/USD Technical Analysis– Prices are challenging the 23.6% Fibonacci expansion at 1.0330. A break above that aims for the 38.2% level at 1.0399. Near-term support is...
GBP/USD Technical Analysis – Prices broke above resistance at 1.5408, the 38.2% Fibonacci retracement, exposing a rising channel top at 1.5527 and the 50% level at...
USD/JPY Technical Analysis– Prices are trading water below resistance at 99.47, the 50% Fibonacci expansion. This barrier is reinforced by the psychologically significant 100.00 barrier. A...
EUR/USD Technical Analysis– Prices are testing support at 1.2973, the intersection of the 23.6% Fibonacci expansion and a formerly broken falling trend line. The pullback appears...