USD/CAD Technical Analysis – Prices are drifting to support at 1.0248, the 76.4% Fibonacci retracement, with a break lower targeting the June 14 low at 1.0136....
GBP/USD Technical Analysis – Prices are attempting to invalidate a bearish Evening Star candlestick pattern identified last week but confirmation requires a daily close above pattern’s...
THE TAKEAWAY: The US Dollar recovered to retest recently broken chart support but overall technical positioning continues to broadly favor weakness. Don’t have access the Dow...
AUD/USD Technical Analysis – Prices are in consolidation mode having taken out resistance at the top of a falling channel set from April. The move hints...
EUR/JPY Technical Analysis – Prices broke lower as expected after putting gin a Bearish Engulfing candlestick pattern. Prices are testing support at 129.76, the 38.2% Fibonacci...
NZD/USD Technical Analysis – Prices broke higher as expected. The bulls have now cleared resistance at 0.8061, the 38.2% Fibonacci retracement, exposing the 50% level at...
EUR/GBP Technical Analysis – Prices rebounded as expected after putting in a bullish Piercing Line candlestick pattern above support in the 0.8583-90 area marked by a...
USD/CHF Technical Analysis – Prices are testing support at 0.9280, the 50% Fibonacci retracement. A break below that exposes the 61.8% level at 0.9233. Near-term resistance...
US Dollar Technical Analysis– Prices broke support at 10739, the 50% Fibonacci retracement, exposing the 61.8% level at 10675. A further push below that targets the...
EUR/USD Technical Analysis – Prices took out resistance at 1.3259 marked by the 76.4% Fibonacci retracement. The bulls now aim to challenge the June 18 swing...