The above chart show’s FXCM’s USDOLLAR index on a weekly time scale and is reflective of the primary trend. Longer-term charts tend to align with the underlying fundamentals and here we can see a higher trough followed by a higher peak – the technical definition of an uptrend. The greenback...

UKOILSPOT broke above the descending trendline resistance (turn support) and price may bullish from pivot at 71. 01 in line with 38.2% Fibonacci retracement and 38.2% Fibonacci extension to resistance in line with 100% Fibonacci extension . Alternatively, prices may rally down to stop loss at 69.03 in line with...

EURJPY broke above descending trendline resistance (now support). A further push up above graphical overlap support and 23.6% Fibonacci retracement at 129.629 towards graphical swing high resistance and our take profit at 129.964 could be possible. Technical indicators are showing room for further bullish momentum as well. Any opinions, news,...

GBPAUD broke below descending trendline support and is currently trading sideways. A retest of our triple bottom neckline and 23.6% Fibonacci retracement at 1.88449 towards ascending trendline resistance zone at 1.89148 could be possible. Stochastic is also testing support where price bounced in the past. Any opinions, news, research, analyses,...

Price is at our pivot level at 1.38187 which is in line with 38.2% Fibonacci retracement level, 127.2% Fibonacci extension level and 200MA. Price could potentially bounce towards resistance at 1.38862 which is in-line with 38.2% Fibonacci retracement level and 78.6% Fibonacci extension . Stochastic is also at support where...

Price is reacting below our pivot at 88.718 which is in line with 61.8 Fibonacci extension and 127.2% Fibonacci retracement . Price could potential swing towards support at 86.575 which is in with 78.6% Fibonacci extension . Alternatively, price may swing towards resistance at 89.130 which is in line with...

Price has broken under the ascending support turn resistance showing a bearish signal. A potential sell entry level would be 0.73581 in line with the 23.6% Fibonacci extension and 38.2% Fibonacci retracement . The price would potentially drop to the take profit level 0.72880 in line with 27.2% Fibonacci extension...

Price has broken above the descending trendline showing a bullish signal. Potential buying entry at the current level 0.92331 to ride the price action to take profit level at 0.92753 in line with the previous horizontal swing high as well as the 127.2% Fibonacci projection . Stop-loss level at 0.92063...