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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...
AUD/USD Technical Analysis – Prices broke higher as expected, taking out resistance at the top of a falling channel set from April and hinting a significant...
USD/JPY Technical Analysis – Prices are pulling back from falling trend line resistance set from late May. Initial support is at 98.56, the 38.2% Fibonacci retracement,...
View COT data in MT4 Latest CFTC Release dated July 16, 2013: The COT Index is the difference between net speculative positioning and net commercial positioning...
Pivot: 107.20 Our preference: SHORT positions below 107.2 with 105.7 104.75 in sight. Alternative scenario: The upside penetration of 107.2 will call for a rebound towards...
Pivot: 1.316 Our preference: Long positions above 1.316 with targets @ 1.325 1.33 in extension. Alternative scenario: Below 1.316 look for further downside with 1.31 1.3065...
Pivot: 0.94 Our preference: Short positions below 0.94 with targets @ 0.9315 0.9265 in extension. Alternative scenario: Above 0.94 look for further upside with 0.944 0.9475...
Pivot: 0.79 Our preference: Long positions above 0.79 with targets @ 0.805 0.81 in extension. Alternative scenario: Below 0.79 look for further downside with 0.7835 0.779...
EUR/JPY Technical Analysis – Prices put in a Bearish Engulfing candlestick pattern, hinting a move lower is ahead. Initial support is at 130.62, the 23.6% Fibonacci...
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...