Hourly Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? FOREXAnalysis: “The AUDUSD rally has stalled at the 78.6%...
Pivot: 1.031 Our preference: Long positions above 1.031 with targets @ 1.04 1.044 in extension. Alternative scenario: Below 1.031 look for further downside with 1.027 1.0245...
Pivot: 105.50 Our preference: LONG positions above 105.5 with targets @ 107.15 107.75. Alternative scenario: The downside penetration of 105.5 will call for 105 103.6. Comment:...
Pivot: 0.793 Our preference: Long positions above 0.793 with targets @ 0.8055 0.81 in extension. Alternative scenario: Below 0.793 look for further downside with 0.788 0.784...
INTRADAY PERFORMANCE UPDATE: 09:40 GMT Dow Jones FXCM Dollar Index (Ticker: USDOLLAR): 0.00% (+0.33%prior 5-days) ASIA/EUROPE FOREX NEWS WRAP The European currencies, praised late last week...
AUD/USD Technical Analysis – Prices bounced as expected after putting in a Hammer candlestick above resistance-turned-support at the top of a falling channel set from April....
USD/JPY USD/CHF break key pivots while USD/CAD flirts with a major level on the downside. SP 500 in the midst of a topping process. To receive...
EUR/JPY Technical Analysis – Prices launched a sharp recovery, pushing above resistance at the 23.6% Fibonacci expansion (129.80) to expose the 38.2% mark at 130.93. This...
NZD/USD Technical Analysis – Prices pulled back from resistance at a falling trend line set from early April to test the 23.6% Fibonacci expansion at 0.7958....
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%...