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USD/CAD Technical Analysis – Prices put in a bullish Three Inside Up candlestick pattern above support at a rising trend line set from early May, hinting...
EUR/GBP Technical Analysis – Prices are testing below support at 0.8539, the 61.8% Fibonacci retracement. This barrier is reinforced by a rising trend line set from...
GBP/USD Technical Analysis – Prices are testing above falling trend line set from mid-December 2012, now at 1.5562, to challenge the 38.2% Fibonacci expansion at 1.5602....
US Dollar Technical Analysis– Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern. A break above initial resistance at 10735, the 23.6% Fibonacci...
USD/CHF Technical Analysis – Prices bounced from support at a rising trend line set from February, taking out resistance is at 0.9309 marked by the 23.6%...
USD/JPY Technical Analysis – Prices are pushing higher after putting in a Bullish Engulfing candlestick pattern. A break above resistance at 97.63, the 23.6% Fibonacci expansion,...
EUR/USD Technical Analysis – Prices are rebounding from support at 1.3244, the 23.6% Fibonacci expansion, to retest the underside of a broken Rising Wedge chart formation...
Pivot: 1.238 Our preference: Long positions above 1.238 with targets @ 1.2425 1.2455 in extension. Alternative scenario: Below 1.238 look for further downside with 1.2325 1.23...
Pivot: 0.858 Our preference: Short positions below 0.858 with targets @ 0.854 0.852 in extension. Alternative scenario: Above 0.858 look for further upside with 0.861 0.8625...
Pivot: 0.8580. Our preference: SHORT positions below 0.858 with targets @ 0.854 0.852. Alternative scenario: The upside penetration of 0.858 will call for a rebound towards...