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Want to add the Moving Average Dashboard to your charts? Download it free on FXCMApps.com. TREND IN FOCUS: GBPAUD (H4) – The GBPAUD has the strongest...
Pivot: 0.8580. Our preference: LONG positions above 0.858 with 0.8645 0.8675 in sight. Alternative scenario: The downside penetration of 0.858 will call for 0.8555 0.8525. Comment:...
Pivot: 106.80 Our preference: SHORT positions below 106.8 with targets @ 103.75 103.2. Alternative scenario: The upside penetration of 106.8 will call for 107.6 108.9. Comment:...
NZD/USD Technical Analysis – Prices broke higher as expected, clearing resistance the 23.6% Fibonacci expansion(0.7917) to expose the 38.2% mark at 0.8061. Alternatively, a reversal back...
EUR/JPY Technical Analysis – Prices are testing resistance at 132.38, the July 22 high, a barrier reinforced by the 23.6% Fibonacci expansion at 132.51. A break...
GBP/USD Technical Analysis – Prices are showing a bearish Evening Star candlestick pattern below resistance at 1.5392, the 61.8% Fibonacci retracement, hinting a reversal lower may...
USD/CHF Technical Analysis – A lackluster break higher failed to produce follow-through as we suspected, with prices reversing lower to take out support at 0.9384, the...
USD/CAD Technical Analysis – Prices put in a bullish Piercing Line candlestick pattern above support at rising trend line set from early May, hinting a recovery...
EUR/USD Technical Analysis – Prices are showing a Harami candlestick pattern below resistance at 1.3260, the 76.4% Fibonacci retracement, hinting a reversal lower may be ahead....
GBP/JPY Technical Analysis – Prices put in a bearish Dark Cloud Cover candlestick pattern, hinting at weakness ahead. Near-term support is at 151.52, the 23.6% Fibonacci...