Technical Analysis

EURJPY tests resistance The yen slumped after a Reuters poll showed a slowdown in core CPI in August. On the daily chart, the pair is consolidating after clearing the double top at 158.00. The directional bias would remain up as long as…
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USDJPY awaits BoJ policy signal The yen inches towards an 11-month low as traders ponder the timing of the BoJ’s big unwind. As inflation has been above the central bank’s 2% target for over a year, a buildup in hawkish comments by…
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EURUSD breaks lower The euro tumbled after the ECB signalled the end of its interest rate hike cycle. After a short-lived grind over the key demand zone 1.0650-1.0690 around last June’s low, a bearish breakout has seriously dented the…
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AUDUSD tries to recover The Australian dollar bounced back after job data in August beat expectations. The pair has found a steady ground above 0.6370 and is making another rebound attempt. 0.6460 on the 20-day SMA is the immediate…
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In today’s advanced Elliott Wave analysis, Gregor dives into the five most interesting opportunities for the week ahead! Watch how he analyses equities, FX Majors, and Commodities, and discover how he applies EW principles to come up…
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GBPUSD drifts lower The pound softened after Britain’s unemployment rate showed an uptick in August. The pair continues to drift lower and limited bounces so far suggest wariness among the bulls to buy the dip. June’s low of 1.2400 is a…
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USDCHF holds steady The US dollar consolidates gains as the market looks ahead to the August CPI data. The pair continues its way up after clearing the supply area around 0.8860. A series of higher lows indicate a still strong buying…
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