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US Dollar Technical Analysis– Prices recovered to test falling trend line resistance set from the July 8 high (10800), completing a bullish Morning Star candlestick pattern....
AUD/USD Technical Analysis – Prices have entered consolidation mode having taken out resistance at the top of a falling channel set from April. The move hints...
USD/JPY Technical Analysis – Prices are consolidating below falling trend line resistance set from late May. Initial support is at 98.56, the 38.2% Fibonacci retracement, with...
EUR/GBP Technical Analysis – Prices put in a bullish Piercing Line candlestick pattern above support in the 0.8583-90 area marked by a horizontal pivot dating back...
Pivot: 0.858 Our preference: Long positions above 0.858 with targets @ 0.8645 0.8675 in extension. Alternative scenario: Below 0.858 look for further downside with 0.8555 0.8525...
THE TAKEAWAY: The US Dollar has descended to test another level of chart support while the SP 500 rally has paused for a breather below the...
Pivot: 1.035 Our preference: Short positions below 1.035 with targets @ 1.025 1.0215 in extension. Alternative scenario: Above 1.035 look for further upside with 1.0395 1.044...
Hourly Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? FOREXAnalysis: The USDJPY range has been tightening for 3...
Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? FOREXAnalysis: “The USDCAD has traded sideways all week in...
Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader? FOREXAnalysis: CHF is quiet here – nothing new to...