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ASIA/EUROPE FOREX NEWS WRAP The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) is struggling to find any semblance of follow through ahead of the US 1Q’13...
GBP/JPY Technical Analysis– Prices are testing above resistance at 152.52, the 38.2% Fibonacci expansion. A break above that aims for the 50% level at 154.41. Near-term...
EUR/GBP Technical Analysis – Prices broke support at 0.8545, the 23.6% Fibonacci expansion, exposing the 38.2% level at 0.8481. A further push below that aims for...
USD/CHF Technical Analysis– Prices are pushing higher as expected after putting in a Bullish Engulfing candlestick pattern above the 0.92 figure. Buyers are now challenging resistance...
EUR/JPY Technical Analysis– Prices are testing above resistance at 129.69, the 38.2% Fibonacci expansion. A break above that aims for the 50% level at 131.15. Near-term...
USD/CAD Technical Analysis– Prices launched higher after showing a bullish Piercing Line candlestick pattern, taking out the 23.6% Fibonacci expansion at 1.0207 to expose the 38.2%...
NZD/USD Technical Analysis– Prices are bouncing from support at 0.8387, the 23.6% Fibonacci retracement to test above the 14.6% level at 0.8497. A break above that...
GBP/USD Technical Analysis – Prices are testing above resistance at 1.5408, the 38.2% Fibonacci retracement. A break above this barrier on a daily closing basis targets...
AUD/USD Technical Analysis– Prices are recovering to challenging the 23.6% Fibonacci expansion at 1.0330. A break above that aims for the 38.2% level at 1.0399. Near-term...
USD/JPY Technical Analysis– Prices are testing resistance at 99.47, the 50% Fibonacci expansion. This barrier is reinforced by the psychologically significant 100.00 barrier. A break above...