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GBP/USD Technical Analysis – Prices turned lower as expected after putting in a bearish Evening Star candlestick pattern. Sellers are now aiming to test support at...
GBP/JPY Technical Analysis – Prices are testing above support-turned-resistance at the bottom of a channel set from mid-June, a barrier reinforced by the 38.2% Fibonacci retracement...
USD/JPY Technical Analysis – Prices narrowly edged above resistance at 99.41, the 23.6% Fibonacci expansion, exposing falling trend line resistance at 100.22, followed by the 38.2%...
US Dollar Technical Analysis– Prices advanced as expected after completing a bullish Flag chart pattern. A break above initial resistance at 10820, the 23.6% Fibonacci expansion,...
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...
NZD/USD Technical Analysis – Prices are testing below support at 0.7871, the 23.6% Fibonacci expansion, with a break downward on a daily closing basis exposing the...
EUR/JPY Technical Analysis – Prices broke above resistance at 131.17, the 23.6% Fibonacci expansion, exposing the 38.2% level at 132.30. This barrier is reinforced by the...
ASIA/EUROPE FOREX NEWS WRAP The US Dollar has a big day lined up for it, should a few key data break its way around the start...
Pivot: 1309.00 Our preference: SHORT positions below 1309 with targets @ 1266 1244. Alternative scenario: The upside penetration of 1309 will call for 1328 1339. Comment:...
Pivot: 19.70 Our preference: SHORT positions below 19.7 with 19.1 18.7 as next targets. Alternative scenario: The upside penetration of 19.7 will call for a rebound...