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The US dollar index has now been range bound for the longest period in the last 28 years, and when that range is ultimately broken, it...
Pivot: 105.25 Our preference: LONG positions above 105.25 with targets @ 107.5 108.9. Alternative scenario: The downside penetration of 105.25 will call for a slide towards...
USD/JPY Technical Analysis – Prices are recovering from support at 97.65, the 50% Fibonacci retracement, to challenge the 38.2% level at 98.56. A break above this...
USD/CHF Technical Analysis – Prices are tracing out a bullish Falling Wedge chart pattern above rising trend line support set from February, hinting a reversal higher...
Pivot: 1306.00 Our preference: LONG positions above 1306 with targets @ 1334 1340. Alternative scenario: The downside breakout of 1306 will open the way to 1298...
USD/CAD Technical Analysis – Prices broke resistance at a falling trend line set from the July 5 swing top, hinting a move higher is ahead. Near-term...
GBP/USD Technical Analysis – Prices turned lower as expected after putting in a bearish Evening Star candlestick pattern. Sellers are now testing support at 1.5212, the...
NZD/USD Technical Analysis – Prices are testing below rising trend line support set from early July to take aim at the 23.6% Fibonacci expansion at 0.7871....
AUD/USD Technical Analysis – Prices broke support at 0.9035, the July 3 low, to challenge the 23.6% Fibonacci expansion at 0.8943. A break below this aims...
EUR/JPY Technical Analysis – Prices broke lower as expected after putting in a Bearish Engulfing candlestick pattern. Prices are now recovering from support at 129.76, the...