XE.com – Forex: USD/CHF Technical Analysis ? Range-Bound …

2014-02-25 13:07 (UTC)Ilya Spivak, Currency Strategist
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Talking Points:

USD/CHF Technical Strategy: Flat

Support: 0.8848 (Dec’13 closing bottom), 0.8798 (Dec 27 low)

Resistance: 0.8921 (23.6% Fib ret.), 0.8966 (38.2% Fib ret.)

Prices are consolidating above support at 0.8848, the December 2013 closing bottom. Near-term resistance is at 0.8921, the 23.6% Fibonacci retracement, a barrier reinforced by […]

XE.com – Forex: USD/CAD Technical Analysis ? Loonie Strengthens …

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 […]

Forex: GBP/USD Technical Analysis – Bearish Reversal on Hand?

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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 […]

Forex: US Dollar Technical Analysis – Trend Favors Upside Bias …

To receive Ilya’s analysis directly via email, please SIGN UP HERETalking PointsPrices rose as expected after putting in a bullish Piercing Line candle patternBreaking below 10657 (range top) eyes the 10612-18 area (channel, range bottoms)A turn back above 10685 (38.2% Fib exp.) targets 10723 (50% Fib exp.)Can’t access to the Dow Jones FXCM US Dollar Index? Try the USD basket […]

Forex: AUD/USD Technical Analysis – Support Sub-0.90 in Focus …

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 […]