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US Dollar Index – Know the 2015 High at 100.51

Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts -“As is the case with EUR/USD and USD/CHF, continued failure at trend extremes warrant caution although there is nothing ‘solidly bearish’ to work with just yet. Weakness below 100.51 (December 2015 high) would suggest a broader reversal.” 100.51 (2015 high) is classified as […]

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EUR/GBP Technical Analysis: A Top in Place Above 0.87?

To receive Ilya’s analysis directly via email, please SIGN UP HERE Talking Points: EUR/GBP Technical Strategy: Flat Shooting Star candlestick hints Euro may be set to fall vs. British Pound Confirmation of topping, trend reversal conspicuously absent for now The Euro put in a Shooting Star candlestick at chart resistance against the British Pound, pointing […]

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GBP/CAD Testing Key Support Ahead of Canada Employment

Talking Points GBP/CAD responds to confluence support ahead of key CAD data Updated targets & invalidation levels Click Here to be added to Michael’s email distribution list. GBP/CAD Daily Technical Outlook: GBPCAD is responding to confluence support at 1.6357 where the 61.8% retracement of the October advance converges on the median-line of the embedded descending […]