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MOST RECENT ARTICLES
Normally these big optionality levels prove solid on the first test at least and I’ve been hearing for the last week or so that 117.50 is the next big level. The post USD/JPY: Significant optionality at 117.50 should provide solid resistance first up appeared first on www.forextell.com.
The USD is really starting to struggle now. How can I justify that claim? Well, there was further strong US data released overnight and, yet, it couldn’t manage to break out of the recent Flag pattern and it appears it won’t even manage to print a bullish daily candle close! If it can’t rally on a […]
GOLD H4 The 1:1 (Blue) and 38.2 fib at 1204.75 has attracted some decent selling interest ahead of the US PPI m/m, the 1204.75 level is now the level to watch during the US session. A break above this level will see some further buying take place and if this level can cap the recent […]
EUR/USD: 1.2450 (527M), 1.2480-85 (878M), 1.2495-1.2500(1BLN),1.2520 (380M), 1.2535 (504M), 1.2600 (1BLN)AUD/USD: 0.8700 (321M). EUR/CHF: 1.2050 (709M)USD/JPY: 117.00 (857M)117.15 (325M), 118.00 (530M)
Danske:MajorsEUR/USD: SELL AT 1.2505 FOR 1.2342 OBJECTIVE, STOP 1.2582USD/JPY: BUY AT 115.88 FOR 117.47 OBJECTIVE, STOP 115.29GBP/USD: SHORT AT 1.5725 FOR 1.5522; STOP AT 1.5795USD/CHF: BUY AT .9600 FOR .9741; STOP AT .9550AUD/USD: POSSIBLY BUYUSD/CAD: LOOK TO BUYCrossesEUR/JPY: LONG AT 145.80 FOR 147.53 OBJECTIVE, STOP 144.69EUR/GBP: BUY AT .7926 FOR .8082; STOP AT .7876EUR/CHF: SHORT […]
I’m watching these two and wondering if they’re both getting a bit tired and about to roll over? The USDX is struggling to break above the 2010 highs and the U/J is struggling under 117 and last weeks high. The U/J also has a bit of a bearish ‘Double Top’ starting to form up. USDX […]
GBP/USD: 1.5640 After reaching up to 1.5737 amidst some early cutting of long dollar positions, Sterling then turned to head sharply lower in reaching a session low of 1.5619. The slide was on the back of some broad based buying of dollars but Cable was not helped by further dovish comments on inflation from a couple […]
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