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Pivot: 1.0185 Our preference: Short positions below 1.0185 with targets @ 1.014 1.012 in extension. Alternative scenario: Above 1.0185 look for further upside with 1.0215 1.0235...
Pivot: 1.3005 Our preference: Long positions above 1.3005 with targets @ 1.307 1.3105 in extension. Alternative scenario: Below 1.3005 look for further downside with 1.2965 1.2935...
Pivot: 1.536 Our preference: Short positions below 1.536 with targets @ 1.5245 1.521 in extension. Alternative scenario: Above 1.536 look for further upside with 1.541 1.545...
US Dollar Technical Analysis– Prices broke above resistance at 10487, the 14.6% Fibonacci expansion, exposing the 23.6% level at 10547. A further push above this aims...
EUR/GBP Technical Analysis – Prices broke resistance at 0.8500, the 23.6% Fibonacci retracement, exposing the 38.2% level at 0.8556. A further push above that eyes the...
Summary: The Japanese Yen has fallen dramatically on a critical Bank of Japan decision. Here’s a list of currencies we think may do particularly well against...
GBP/JPY Technical Analysis– Prices are testing resistance at 151.49, the 138.2% Fibonacci expansion. A break above that initially eyes the 150% mark at 152.44. Near-term support...
EUR/JPY Technical Analysis– Prices are testing resistance at 129.25, the 138.2% Fibonacci expansion. A break above that eyes the 150% level at 130.11. Near-term support is...
USD/CHF Technical Analysis– Prices continue to push lower after putting in a Dark Cloud Cover candlestick pattern below trend line support-turned-resistance. Sellers took out support at...
USD/CAD Technical Analysis– Prices are testing resistance at 1.0174, the 23.6% Fibonacci retracement. A break above that eyes falling channel resistance at 1.0228. Channel support is...