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USD/CHF Technical Analysis– Prices are testing support at 0.9437, the 23.6% Fibonacci retracement, with a break below that exposing the 0.9358-82 area marked by the 38.2%...
USD/CAD Technical Analysis– Prices are testing support at 1.0140, a barrier marked by the 38.2% Fibonacci retracement and reinforced by a falling channel bottom (1.0125). A...
NZD/USD Technical Analysis– Prices are testing below support at 0.8391, the 61.8% Fibonacci retracement, with a break below that targeting the 50% level at 0.8347. Near-term...
AUD/USD Technical Analysis– Prices pulled back from resistance at 1.0483, the 76.4% Fibonacci retracement, to challenge the 61.8% level at 1.0412. A break below that targets...
GBP/USD Technical Analysis – Prices are recoiling from resistance marked by a falling trend line cluster set from early January. Near-term support is at 1.5021, the...
USD/JPY Technical Analysis– Prices launched a sharp recovery following the BOJ monetary policy announcement, with buyers testing the 50% Fibonacci retracement at 95.49. A break above...
EUR/USD Technical Analysis– Prices are testing falling trend line resistance at 1.2848, with a break upward exposing the 1.30 figure and the 23.6% Fibonacci expansion at...
THE TAKEAWAY: The US Dollar is staging an impressive recovery from support while the SP 500 may have at last begun to validate bearish cues in...
Pivot: 140.9 Our preference: Long positions above 140.9 with targets @ 142.4 143 in extension. Alternative scenario: Below 140.9 look for further downside with 140.4 140.1...
Pivot: 120.25 Our preference: Long positions above 120.25 with targets @ 121.85 122.3 in extension. Alternative scenario: Below 120.25 look for further downside with 119.7 119.1...