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EUR/JPY Technical Analysis– Prices recovered above the 23.6% Fibonacci expansion at 127.78, exposing the 38.2% level at 129.53. A further break above that aims for the...
GBP/JPY Technical Analysis– Prices recovered above the 23.6% Fibonacci expansion at 149.58, exposing the 38.2% level at 151.53. A further break above that aims for the...
NZD/USD Technical Analysis– Prices broke downward after putting in a bearish Dark Cloud Cover candlestick pattern. Sellers are now testing support at 0.8387, the 23.6% Fibonacci...
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%...
GBP/USD Technical Analysis – Prices edged lower after putting in a bearish Dark Cloud Cover candlestick pattern below resistance at 1.5408, the 38.2% Fibonacci retracement, with...
AUD/USD Technical Analysis– Prices turned lower as expected, with sellers now testing support at 1.0293 marked by the 61.8% Fibonacci retracement. A break below that aims...
EUR/USD Technical Analysis– Prices put in a Bearish Engulfing candlestick pattern below the 1.32 figure, hinting at further weakness ahead. Initial support is at 1.3026, the...
USD/JPY Technical Analysis– Prices turned lower as expected after putting in a Harami candlestick pattern. Prices have now recovered above the 23.6% Fibonacci retracement at 97.79,...
THE TAKEAWAY: The US Dollar has moved to challenge the upper boundary of its recent range while the SP 500 has retreated to a trend-defining support...
Pivot: 24.00 Our preference: SHORT positions below 24 with 22 21.1 as next targets. Alternative scenario: The upside penetration of 24 will call for 24.85 25.6....