USD/CAD: consolidating ahead of FOMC too : by Mary McNamara

In the same way that the USD index is consolidating under major resistance so, too, is the USD/CAD. This pair is trading under a major bear trend line dating back almost 13 years. …
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For the GBP/CAD watchers out there! by Mary McNamara

I was just asked via Twitter whether I thought a Cup ‘n’ Handle might be setting up on the monthly GBP/CAD so I thought I’d share this analysis here. The monthly chart does s …
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U/J continues, a major USD/CAD breakout & Kiwi breakdown brewing? : by Mary McNamara

Maybe the 9/11 trading day was always going to be fraught but nerves entered US stock markets as geopolitical issues were brought back into focus following President Obama’s spee …
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FX Update for Sept 11: FX levels to watch : by Mary McNamara

USDX: The USD index is still struggling at the ‘Triple Top': Forex: no new TC signals today. E/U: I wrote a separate article about the E/U earlier today. I am still seeing a poss …
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Kiwi: bearish targets for any close & hold below 0.82? by Mary McNamara

The Kiwi has tried to hold above the monthly support trend line and the 0.82 region for most of the Asian session following the RBNZ news from this morning. It is starting to strug …
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A/U: triangle break target + an interesting fact! by Mary McNamara

I have been tracking the A/U within a descending triangle for some weeks now. These are bearish continuation patterns and the A/U has now broken through the bottom trend line. This …
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GBP/JPY: gap filled so what now? by Mary McNamara

I have been noting lately about the conflict I was seeing on the GBP/JPY chart. Price has been trading within a bearish ascending wedge BUT this was also giving the weekly and mont …
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Loonie: 2,500 pip breakout looming?

The Loonie is edging closer towards the apex of a monthly chart triangle pattern and looks to be setting up for an eventual breakout. Technical chart theory suggests this breakout …
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Currency pairs update: after Asian Session Mon 8th Sept by Mary McNamara

Indices: both the EURX and USDX are trading higher to start the week. USDX weekly: Seems to have shrugged off the weak NFP result and is trading higher BUT note the building ‘Tr …
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U/J: trade idea for after NFP by Mary McNamara

The U/J is currently tackling the major 61.8% fib level of the 2007-2012 bear move at 105.5. This follows on from yet another ‘Bull Flag’ breakout on the 4hr chart. A weekly cl …
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