Talking Points USD/JPY tests trendline resistanceGBP/USD threatening new yearly lowsFXCM US Dollar Index in consolidation mode USD/JPY USD/JPY traded at its highest level in seven years yesterday before running into trendline resistance around 116.00Our near-term trend bias is ...
US Dollar Poised to Extend Gains After Break of ResistanceS&P 500 Clears September Top, Sets Another Record HighCrude Oil Digesting Losses, Gold Drops Most in 11 Months US DOLLAR TECHNICAL ANALYSIS – Prices look poised to extend its advance after prices cleared yet another technical barrier. A daily close above the 50% Fibonacci expansion at 11308 exposes the 61.8% level at 11400. Alternatively, a turn below the 38.2% Fib at 11216 opens the door for a challenge of the 11102-43 ...
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