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US Dollar Technical Analysis– Prices are edging higher from support at 10650, the August 8 low. Near-term resistance is at 10708,the 23.6% Fibonacci expansion, with a...
EUR/USD Technical Analysis – Prices rebounded from support at 1.3244, the 23.6% Fibonacci expansion, to retest the underside of a broken Rising Wedge chart formation (now...
Although there are no central bank policy meetings this week, there are still several central bank related events on the calendar that are influencing price action....
INTRADAY PERFORMANCE UPDATE: 09:40 GMT Dow Jones FXCM Dollar Index (Ticker: USDOLLAR): -0.03% (–0.67%prior 5-days) ASIA/EUROPE FOREX NEWS WRAP Another day absent of noteworthy data from...
The next couple of days are key for AUD/USD from a cyclical perspective. USD/CHF nears key support while USD/JPY remains in consolidation mode. To receive other...
Pivot: 97.30. Our preference: LONG positions above 97.3 with 97.85 98.3 in sight. Alternative scenario: The downside breakout of 97.3 will open the way to 96.95...
Pivot: 22.75 Our preference: LONG positions above 22.75 with targets @ 23.6 23.85. Alternative scenario: The downside breakout of 22.75 will open the way to 22.15...
Pivot: 107.90 Our preference: SHORT positions below 107.9 with 105.3 104.3 in sight. Alternative scenario: The upside breakout of 107.9 will open the way to 109...
THE TAKEAWAY: The US Dollar found interim support at Augusts’ swing low while the SP 500 has continued to plunge, hitting the weakest level in six...
Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? Commodity Analysis: “Given extremes in Crude COT and the...