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US Dollar Technical Analysis– Prices recovered after putting in a Hammer candlestick above support in the 10424-28 area marked by the 23.6% Fibonacci retracement and the...
EUR/GBP Technical Analysis – Prices appear to be carving out a Triangle chart formation, which may be broadly indicative of bullish continuation (although confirmation is required...
GBP/JPY Technical Analysis– Prices are consolidating above support is at 150.07, the 23.6% Fibonacci retracement. A Bearish Engulfing candlestick pattern continues to argue in favor of...
EUR/JPY Technical Analysis– Prices are testing support at 127.70, marked by the February 6 high and the bottom of a Triangle chart pattern carved out since...
USD/CHF Technical Analysis– Prices are approaching pivot resistance at 0.9379, with a break higher targeting a falling trend line at 0.9484. Support is in the 0.9246-55...
USD/CAD Technical Analysis– Prices are testing support in the 1.0061-1.0101 area. A break below this boundary exposes a rising trend line at 0.9991. Resistance is at...
Pivot: 92.50 Our Preference: LONG position above 92.5 with 99.9 101.25 in sight. Alternative Scenario: Below 92.5 down move to 90.2 87.5. Comment: the pair remains...
AUD/USD Technical Analysis– Prices are testing support at 1.0246, the 38.2% Fibonacci expansion. A break downward confirmed on a daily closing basis exposes the 50% level...
NZD/USD Technical Analysis– Prices are consolidating above around the 0.85 figure. Near-term trend line resistance is at 0.8565, with a break above that targeting swing highs...
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...