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Pivot: 1349.00 Our preference: SHORT positions below 1349 with 1329 1317 as next targets. Alternative scenario: The upside breakout of 1349 will open the way to...
Despite short-term volatility, the US dollar index has been in a tight range for all of 2013, and with fundamentals also supportive on the long side,...
Pivot: 1349.00 Our preference: SHORT positions below 1349 with targets @ 1329 1317. Alternative scenario: The upside breakout of 1349 will open the way to 1359...
INTRADAY PERFORMANCE UPDATE: 09:50 GMT Dow Jones FXCM Dollar Index (Ticker: USDOLLAR): +0.28% (-1.10% prior 5-days) ASIA/EUROPE FOREX NEWS WRAP The six-day losing streak that had...
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....
NZD/USD Technical Analysis – Prices are pulling back from resistance at a falling trend line set from early April to probe underneath the 76.4% Fibonacci retracement...
USD/CAD Technical Analysis – Prices are retesting support-turned-resistance in the 1.0293-1.0305 area, marked by a rising trend line set from May and the 38.2% Fibonacci expansion....
USD/JPY Technical Analysis – 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...
EUR/GBP Technical Analysis – Prices broke support at a rising trend line set from late June to challenge 0.8583, a level marked by the intersection of...
US Dollar Technical Analysis– Prices found support at 10656, the 76.4% Fibonacci expansion, after taking out a rising trend line set from mid-June. Near-term resistance is...