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AUD/USD Technical Analysis– Prices are staging a recovery from multi-month range support in the 1.0163-81 area, a barrier reinforced by the 61.8% Fibonacci expansion at 1.0161....
GBP/USD Technical Analysis – Prices confirmed a Shooting Star candlestick below resistance at the top of a rising channel with a bearish close on the following...
EUR/USD Technical Analysis– Prices broke above resistance at 1.3128, the 38.2% Fibonacci expansion, exposing the 50% level at 1.3181. A further push above that aims for...
USD/JPY Technical Analysis– Prices are consolidating in a Triangle formation below the 100.00 figure. A Bearish Engulfing candlestick pattern hints a move lower is ahead. Near-term...
Pivot: 1.229 Our preference: Long positions above 1.229 with targets @ 1.2345 1.238 in extension. Alternative scenario: Below 1.229 look for further downside with 1.225 1.2225...
Pivot: 99.10. Our preference: SHORT positions below 99.1 with 98.6 98.4 as next targets. Alternative scenario: The upside penetration of 99.1 will call for 99.5 99.75....
THE TAKEAWAY: The US Dollar continues to drift sideways in a narrow range while the SP 500 is pushing upward, with prices challenging yet another technical...
Daily Candles Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? Commodity Analysis: No change...
DailyCandles Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: The USDCHF rally from...
Daily Candles Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: The EURUSD broke...