Talking Points: US Dollar Soars to 6-Month High as Rally Regains MomentumS&P 500 Eyeing Pivotal Resistance Marked by July Swing TopGold Selloff Continues for Third Day, Crude Oil May Rebound US DOLLAR TECHNICAL ANALYSIS – Prices resumed their advance having reversed upward as expected after putting in a Bullish Engulfing candlestick pattern. A daily close above the 38.2% Fibonacci expansion at 10627 exposes the 50% level at 10652. Alternatively, a reversal ...
Talking Points GBP/USD breaks key long-term support levelUSD/JPY nearing critical resistance areaGold meanders Price & Time Analysis: USD/JPY USD/JPY continues to edge higher off the 101.50 78.6% retracement of the July rangeOur near-term trend bias is higher in the exchange rate while above 101.50The 61.8% retracement ...
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