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AUD/USD Technical Strategy: Long at 0.9189, Targeting 0.9640 Prices bounced as expected, with a pronounced bullish Piercing Line candlestick pattern on the weekly chart hinting at...
Aussie strength coupled with Loonie weakness has caused the AUDCAD to run far and fast to the upside, but with the charts signaling exhaustion, a near-term...
Pivot: 0.9125 Our preference: Long positions above 0.9125 with targets @ 0.9255 0.929 in extension. Alternative scenario: Below 0.9125 look for further downside with 0.909 0.904...
The USDOLLAR took a hit this week, trading to its lowest level since 6/19 (FOMC). Aside from the psychological and volume impact that the 6/19 close...
Pivot: 1304.00 Our preference: LONG positions above 1304 with 1320 1328 in sight. Alternative scenario: The downside penetration of 1304 will call for a slide towards...
Pivot: 0.798 Our preference: Long positions above 0.798 with targets @ 0.81 0.8135 in extension. Alternative scenario: Below 0.798 look for further downside with 0.793 0.788...
EUR/USD is nearing a major inflection point in price. USD/JPY broke a key support this week, but has some room before turning longer-term negative. Gold still...
USD/JPY broke below key support this week, but is nearing another key zone. USD/CHF is on the verge of a broader trend shift while the SP...
INTRADAY PERFORMANCE UPDATE: 09:40 GMT Dow Jones FXCM Dollar Index (Ticker: USDOLLAR): -0.15% (-1.56% prior 5-days) ASIA/EUROPE FOREX NEWS WRAP The US Dollar is in the...
USD/JPY Technical Strategy: Flat Prices took out support at 96.74, the 61.8%Fibonacci retracement, to expose the 76.4% level at 95.60. This barrier is reinforced by a...