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AUD/USD Technical Analysis – Prices put in a Hammer candlestick above resistance-turned-support at the top of a falling channel set from April, hinting a bounce may...
USD/CAD Technical Analysis – Prices are pulling back to retest resistance-turned-support at 1.0356, the 23.6% Fibonacci expansion, with a break back below that eyeing a rising...
GBP/USD Technical Analysis – Prices are testing resistance at a falling trend line set from the June 17 swing high (now at 1.5344), with a break...
US Dollar Technical Analysis– Prices slipped back below the 23.6% Fibonacci expansion at 10820, exposing the 14.6% level at 10772. A further push below that eyes...
EUR/USD Technical Analysis – Prices recoiled from resistance at a falling trend line set from February, taking out upward-sloping support underpinning the pair from mid-July to...
GBP/JPY Technical Analysis – Prices are pulling back after retesting support-turned-resistance at a rising trend line set from mid-June. Near-term support is at 150.19, the 23.6%...
THE TAKEAWAY: The US Dollar is retreating after being rejected at technical resistance while SP 500 positioning continues to hint at the possibility of a downward...
Pivot: 0.8945 Our preference: Short positions below 0.8945 with targets @ 0.8845 0.881 in extension. Alternative scenario: Above 0.8945 look for further upside with 0.901 0.9075...
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...
4Hour Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? Commodity Analysis: “Gold’s rally reversed gains after running into...