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NZD/USD dropped 4% after Standard & Poor revised it's currency credit rating from 'stable' to 'negative'. The New Zealand dollar's base...
U.K. home sales slumped for the month of October - declining to the lowest level in three decades while home prices continue to fall. Last week...
Pressure building up in the USD/CHF horizontal channel between the near support of 1.1710 and the multiple top resistance level of 1.1804....
Looking at USD/CAD, we can see a major bullish SMA crossover on the daily (50 SMA crossing 200 SMA). Price is trading within a major symmetrical...
Looking at the daily NZD/USD we can see pressure building along the lower trend line of the symmetrical triangle -beneath we have support at the...
Looking at the daily EUR/USD chart we can see a bull flag has formed. Bull flags are defined by lower tops and lower bottoms, with the pattern...
Looking at the daily chart - having retraced upwards to 50% of the recent major downmove USD/CHF has been consolidating downward in a channel...
GBP/USD has broken the major downtrendline and rallied to the 50% level of the recent downmove. RSI remains bullish. The next major 50%...
Price having broken out from the trend channel as shown on the daily chart continues to make higher highs. Meanwhile RSI has been making lower...
Looking at the daily GBP/JPY we can see that we are trading close to support at the 38% fibonacci level and Senkou Span Line. We are bullishly...
Regular divergence between price and a momentum oscillator such as RSI indicate a possible trend reversal. The scenario of price making lower...
Although momentum has slowed down on the daily chart, the 50 and 200 SMA's appear poised to cross over with further movement to the upside (golden...
It's an attractive technical chart as I type this - GBP/USD pressed against resistance of the major down trendline and 200 SMA. On the daily chart...
Looking at the daily chart GBP/USD nearing resistance at the downtrend line and 200 period SMA: [IMG]
The Turkish Lira (TRY), offers the highest interest rate in the industrial world (16.25%) while borrowing the USD will only cost you 2.00%....
GBP/USD we can see the pressure building up in the descending triangle formation. Look for resistance along the down trend line and 200 Period...
Looking at the USD/JPY daily chart we can see a nice channel guiding price upwards: [IMG] Price currently trading around the pivot,...
Looking at the daily USD/JPY we are right up against the down trendline and the 61.8% fibonacci level: [IMG]
Fib retracements can work particularly well in periods of increased volatility - such as we saw this morning with the Employment Report. The...
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