The above chart shows the weekly FXCM USDOLLAR chart. We note that the higher trough followed by the higher peak has the greenback in uptrend. The momentum of this trend is defined by the gradient of the green trendline. However, we also note higher trough2 followed by higher peak2. These...

Price is holding above the 200 period MA signifying that price might continue to push upwards. Price is expected to rally up towards the take profit level in line with the 78.6% Fibonacci extension . Our bullish bias is also supported by the stochastic indicator where the K% line is...

Price is holding above the 200 period MA signifying that price might continue to push upwards. Price is expected to rally up towards the take profit level in line with the 78.6% Fibonacci extension . Our bullish bias is also supported by the stochastic indicator where the K% line is...

NZDCAD is holding below descending trendline resistance within a larger triangle consolidation pattern. A short term drop below our entry at 0.87642 towards triangle support at our take profit level of 0.87218. Stochastic is testing resistance where price dropped in the past as well. Any opinions, news, research, analyses, prices,...

USDCNH reacting above ascending trendline support. With price breaking above moving average, we see a possibility of a further push up above our entry at 6.47452 towards graphical overlap resistance at 61.8% Fibonacci retracement and our take profit at 6.49267 Any opinions, news, research, analyses, prices, other information, or links...

USDCHF is reacting above strong graphical swing low. A push up above our entry at 0.91360 towards recent graphical swing high at our profit at 0.92000. Stochastics is also testing support where price bounced in the past. Any opinions, news, research, analyses, prices, other information, or links to third-party sites...

Price is holding below the 200period MA and below the descending trendline resistance showing a bearish momentum continuation. Price is expected to push down to up to the 1st Support in line with the 61.8% and 78.6% Fibonacci extension . This bearish bias is further supported by the stochastic indicator,...

Price is reacting above pivot level at 1.61685 which is in line with 50% Fibonacci retracement level , 100% Fibonacci extension and 50MA. Price may potentially bounce to resistance at 1.62675 which is in-line with 38.2% Fibonacci retracement and 61.8% Fibonacci extension level. Stochastic is also approaching support level where...

Price is consolidating inside a symmetrical triangle and approaching our pivot level at 109.990 which is in line with 78.6% Fibonacci retracement level and descending trendline resistance. Price could potentially push down to support at 109.545, which is in line with 78.6% Fibonacci retracement level, 78.6% Fibonacci retracement level and...

Price is reacting below pivot level at 1.37405 which is in line with 50% Fibonacci retracement level , 200% Fibonacci extension and 50MA. Price may potentially drop to support at 1.36580 which is in-line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension level. Stochastic is also approaching resistance level where...