AUDUSD breaks below 0.8678 key support, suggesting that a short term cycle top has been formed at 0.9070 level on 4-hour chart ...
AUDUSD breaks below 0.8678 key support
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EUR/USD technicals
Not much in the way of support until the 20-day MA at 1.3890 but it is the previous low at 1.3800 and the 38.2% retracement at 1.3780 which provide the stronger base. Resistance levels are also scarce until 1.4050/65, a prior high/low...
JUNE 8 - PROSTICKS ICHIMOKU FOREX TECHNICAL REPORT FOR EUR, GBP ...
Friday's low was right at our stop level at 1.3930 and our long position was stopped out for profit. Daily closed with upper extreme tail at 1.4220 , weekly ... See all stories on this...
Cable slides further in early European trade
Cable lost ground overnight in Asia and the sell-off has continued in early European trade. The pairing is presently down at 1.6430 having closed out last week about a full cent higher. General risk sentiment has taken a hefty knock and this is underminning sterling. Also weighing is the latest...
AUDUSD’s bounce extended to 0.8992 level
Written by ForexCycle.com AUDUSD’s bounce from 0.8734 extended further to as high as 0.8992 level. Support is now located at the rising...
10-year note auction so-so
At a price, you can sell anything. The US Treasury had to pay 3.99% to sell $19 mln of 10-year notes. So far the dollar is holding up, perhaps supported by the higher yields. EUR/USD has fallen in to the 1.3960s after the auction. Update: Stocks have headed lower on the higher yield backdrop,...