2014-02-25 13:33 (UTC)Ilya Spivak, Currency Strategist
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Talking Points:
EUR/USD Technical Strategy: Pending Short
Support: 1.3698 (Jan 14 high), 1.3613 (38.2% Fib exp.)
Resistance: 1.3768 (trend line), 1.3800 (double top)
The Euro pulled back from resistance marked by a falling trend line set from the October 2013 swing high and double top to meet support […]
2014-02-25 12:56 (UTC)Ilya Spivak, Currency Strategist
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Talking Points:
USD/CAD Technical Strategy: Flat
Support: 1.1036 (50% Fib exp.), 1.0999 (618% Fib exp.)
Resistance: 1.1074 (38.2% Fib exp.), 1.1119 (23.6% Fib exp.)
Prices moved lower as expected after putting a Shooting Star candle. Sellers are aiming to challenge the 50% Fibonacci expansion at 1.1036, with a break […]
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Talking Points
A Bearish Engulfing candle pattern hints a move lower is ahead
Breaking below 1.6475 (23.6% Fib ret.) exposes 1.6356 (38.2% Fib exp.)
Near-term resistance is at 1.6667, the December 24 high
Confirm your chart-based trade setups with the Technical Analyzer.
Daily Chart – Created Using FXCM Marketscope 2.0
— Written by Ilya Spivak, Currency […]
The new year has arrived and with it comes another edition of Tools of the Trade. This is the fourth installment (see 2013, 2012, 2011).2013 was quite a year. We published the StockBrokers.com 2013 Broker Review in February (2014 due out this February). Then in May my 1st authored interactive book, The Interactive Guide to Technical Analysis, was published. Shortly […]
To receive Ilya’s analysis directly via email, please SIGN UP HERETalking PointsA pullback from resistance at 0.9170 (23.6% Fib ret.) eyes 0.8984 (23.6% Fib exp)Support is reinforced by the Dec 6 low at 0.8988; below that eyes 0.8872 (38.2% ret.)Reversing above 0.9170 aims for 0.9282 (38.2% Fib expansion)Confirm your chart-based trade setups with the Technical Analyzer.Daily Chart – Created Using […]
