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  1. Weekly Technical Forecast: S&P 500, EURUSD, Oil

    by , 05-06-2019 at 10:03 AM
    Euro Weekly Price Outlook: EUR/USD Recovery Could be Short Lived
    Euro turned just ahead of resistance this week with the price consolidation coiling into the April range. Here are the levels that matter on the EUR/USD weekly chart.

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    Crude Oil Weekly Technical Forecast: Support May Soon Lead to Rally
    Crude oil took a spill last week, but with support at its feet look for it to try and bounce after a bit more weakness first. ...
  2. Price Pattern Technical Analysis: SPX 500 Beginning to Make Good on Bearish Technical Setup, Crude Oil Vulnerable to Deeper Losses, Gold Treading Water

    by , 01-12-2015 at 07:58 PM
    US DOLLAR TECHNICAL ANALYSIS Prices are attempting to continue building higher having started 2015 off with the largest daily rally in three weeks. A daily close above the 50% Fibonacci expansionat 11648 exposes the 61.8% level at 11719. Alternatively, a reversal below the 38.2% Fib at 11577 opens the door for a challenge of the 11489-522 area marked by the December 8 top and the 23.6% expansion.

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  3. S&P 500 Languishing in Consolidation After Setting Record High and Crude Oil May Correct Higher

    by , 11-18-2014 at 10:12 PM
    US DOLLAR TECHNICAL ANALYSIS Prices may be gearing up for a turn lower after producing a bearish Dark Cloud Cover candlestick pattern. Near-term support is at 11211, the 23.6% Fibonacci retracement, with a break below that on a daily closing basis exposing the 11143-55 area (October 3 high, 38.2% level). Alternatively, a reversal above the 50% Fib expansion at 11295 clears the way for a test of the 61.8% Fib threshold at 11329.

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  4. Pattern Analysis for US Dollar, S&P500, Gold and grude Oil - Crude Oil Poised to Renew Selloff After Chart Support Break

    by , 11-14-2014 at 10:34 PM
    US DOLLAR TECHNICAL ANALYSIS Prices may be gearing up for a turn lower after prices produced a bearish Dark Cloud Cover candlestick pattern. Near-term support is at 11246, the 14.6% Fibonacci retracement, with a break below that on a daily closing basis exposing the 23.6% level at 11211. Alternatively, a reversal above the 50% Fib expansion at 11295 clears the way for a test of the 61.8% Fib threshold at 11329.

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  5. Technical Analysis for US Dollar, GOLD, SPX 500 and CRUDE OIL

    by , 08-30-2014 at 09:01 AM
    Talking Points:

    • US Dollar Signals Near-Term Top Forming Below Six-Month High
    • S&P 500 Chart Positioning Hints a Downturn May Be in the Cards
    • Gold Moves to One-Week High, Crude Oil Struggling to Advance

    US DOLLAR TECHNICAL ANALYSIS Prices may be carving out a near-term top after forming a bearish Evening Star candlestick pattern. A daily close below the 14.6% Fibonacci retracementat 10618 exposes the 23.6% level at 10591. Alternatively, a reversal above the 14.6% ...