Prices are consolidating above support at 1.0122, the 50% Fibonacci retracement. Initial resistance lines up at 1.0158, with a break above that targeting the 38.2% level at 1.0199. Alternatively, ...

Prices pulled back as expected after putting in a Shooting Star candlestick below resistance at 1.0039, the 50% Fibonacci retracement. Initial rising trend line support lines up at 0.9922, with a ...

NZD/CAD showing a long term inverse head and shoulders on the weekly charts: The overnight price action in NZD/USD post RBNZ announcement had me flicking through the various NZD/Cross pages on the ...

Markets will periodically cycle through phases of extreme profitability liberally interspersed with times of prevailing inaction. The latter condition appears to be ruling today. At the time of ...

Prices put in a Bullish Engulfing candlestick pattern at support marked by the 50% Fibonacci retracement (1.0122), hinting an upswing is ahead. Initial resistance lines up at 1.0158, with a break ...

Prices are consolidating after taking out support in the 1.0195-98 area, with sellers now challenging 1.0158. A break below this boundary exposes the 50% Fibonacci retracement at 1.0122. Alternatively ...