EURUSD and USDCHF LONG TERM momentum pattern implicationsUSDJPY rebounds at year openNZDUSD next leg lower soon? EURUSD Monthly -“IF EURUSD trades to a new low while staying below 1.2791 THEN a 5 wave decline from the May high is probably nearing completion. 1.2315/28 would be of interest for a low. IF EURUSD exceeds 1.2791 while ...
Price & Time Analysis: EUR/USD EUR/USD has traded in a sideways to higher range since finding support near 1.2500 at the start of the monthOur near-term trend bias is higher in the euro while over 1.2605The 61.8% retracement of the 2012/2014 advance (polarity) at 1.2785 needs to be overcome to set off a more important correcttive move higherEarly next week is the next minor turn ...
Talking Points: US Dollar Advances Most in 16 Months, Hits Four-Year HighS&P 500 Attempting to Break Out of Two-Week Down TrendGold Aims to Extend Decline After Sliding to a 10-Month Low US DOLLAR TECHNICAL ANALYSIS – Prices issued the largest daily gain in 16 months, rising to the strongest level since June 2010. Near-term resistance is at 11176, the 38.2% Fibonacci expansion, with a break above that on a daily closing basis exposing the 50% threshold at 11232. Alternatively, ...
EURUSD and USDCHF divergence (again)GBPUSD weekly RSI top warningUSDJPY pattern becoming clearer EUR/USD Weekly -“Long term, a failed breakout and top would keep with the pattern of 3 year cycle tops. 1.3750 is an important reference point (year open).” -“1.3670/85 is a level that should inspire a reaction (selling). ...
Updated 07-19-2014 at 10:40 AM by TechnoMeter
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