View RSS Feed

TechnoMeter

  1. Price Patterns & Time: USD Head Fake?

    by , 11-18-2014 at 10:59 PM
    • EUR/USD rallies back above 1.2500
    • Monday’s range extremes critical in the Aussie
    • USD/CAD sentiment close to neutral

    EUR/USD


    • EUR/USD failed yesterday near the 2nd square root relationship of the year’s low at 1.2580
    • Our near-term trend bias is negative in the exchange rate while below 1.2580
    • A close under 1.2440 is now needed to confirm a resumption of the
    ...
  2. 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.

    ...
  3. USD/JPY Technical Analysis: RSI divergence is insufficient to identify reversal without added confirmation. As such...

    by , 11-18-2014 at 10:08 PM
    • USD/JPY Technical Strategy: Flat
    • Support: 116.30, 115.37, 113.85
    • Resistance: 117.82, 119.05, 120.27

    The US Dollar may be vulnerable to a correction downward against the Japanese Yen as negative RSI divergence points to fading upward momentum. Near-term support is at 116.30, the 23.6% Fibonacci expansion, with a break below that on a daily closing basis exposing the 14.6% level at 115.37. Alternatively, a push above the 38.2% Fib at 117.82 opens the door for a test of the 50% expansion ...
    Categories
    Uncategorized
  4. Price Pattern Technicals for Majors

    by , 11-17-2014 at 10:45 AM
    • EURUSD and USDCHF fail to confirm USDOLLAR move
    • USDJPY at upper median line parallel
    • AUDUSD follows through on last Friday’s reversal

    EUR/USD
    Weekly




    -BIG picture, monthly RSI has broken out of a triangle pattern. Sometimes, a pattern breakout in momentum (or OBV) precedes the breakout in price. The development’s implications ...
    Tags: audusd, nzdusd, usdchf Add / Edit Tags
    Categories
    Uncategorized
  5. EUR/USD - Shooting Star Signaled An Early Warning For A Retreat

    by , 11-16-2014 at 11:56 AM
    • Strategy: Short, Stop: 1.2500 (Close), Target: 1.2270
    • Struggles Below Key Level With Candlestick Signals Lacking
    • Shooting Star Signaled An Early Warning For A Retreat

    EUR/USD’s consolidation between the 1.2360 and 1.2500 trading band continues, with clear cues from candlesticks lacking. Yet in the context of a medium-term downtrend the pair may be set to revisit the recent lows near 1.2360. Beneath which would put the August 2012 trough at 1.2250 in sight. A close above 1.2500 ...
Page 68 of 85 FirstFirst ... 18 58 66 67 68 69 70 78 ... LastLast