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Pivot: 1.031 Our preference: Short positions below 1.031 with targets @ 1.021 1.0175 in extension. Alternative scenario: Above 1.031 look for further upside with 1.0375 1.045...
Pivot: 0.9715. Our preference: SHORT positions below 0.9715 with 0.9635 0.959 in sight. Alternative scenario: The upside penetration of 0.9715 will call for a rebound towards...
USD/CHF Technical Analysis– Prices put in a bearish Dark Cloud Cover candlestick pattern hinting a move lower is ahead. Initial support is at 0.9630, the 23.6%...
US Dollar Technical Analysis– Prices put in a bearish Dark Cloud Cover candlestick pattern below resistance at 10822, the 50% Fibonacci expansion, hinting a move lower...
NZD/USD Technical Analysis– Prices put in a Bullish Engulfing candlestick pattern, hinting a move higher is ahead. Initial resistance is at 0.8184, the 23.6% Fibonacci retracement,...
USD/CAD Technical Analysis– Prices advanced as expected after putting in a bullish Morning Star candlestick pattern above support at a rising trend line set from mid-September...
GBP/USD Technical Analysis – Prices declined as expected after putting in a Shooting Star candlestick below resistance at the top of a rising channel set from...
USD/JPY Technical Analysis– Prices put in a Bearish Engulfing candlestick pattern below resistance at 103.16, the 100% Fibonacci expansion, hinting a move lower is ahead. Near-term...
AUD/USD Technical Analysis– Prices put in a bullish Piercing Line candlestick pattern, hinting at gains ahead. Initial resistance is at 0.9809, the 14.6% Fibonacci retracement, with...
EUR/USD Technical Analysis– Prices put in a Bullish Engulfing candlestick pattern, hinting at gains ahead. Initial resistance is at 1.2901, the 23.6% Fibonacci retracement, with a...