Elsewhere, EURAUD and EURNZD - two pairs that have moved in tandem since the end of April - are both flashing different outcomes to their respective triangles. See the above video for technical considerations in AUDUSD, NZDUSD, …
Looks like we topped out bang on the August 2010 high at 1.4443. Nearby historical highs are at 1.4482, 1.4543 & 1.4600. From there it’s a jump to 1.4900 and the big 1.5000. We’re still a long long way off the 38.2 fib from the 2008/2012 hi/lo …
Key technical setups discussed on USDOLLAR, GBPAUD, USDCAD, Crude Oil, NZDUSD, USDJPY, EURUSD, EURAUD, Gold EURGBP, GBPUSD & GBPJPY. Continue tracking these setups and more throughout the week- Subscribe to SB …
EUR/AUD stayed in consolidation below 1.5770 short term top last week and outlook is unchanged. Initial bias remains neutral this week first. Another fall could be seen as consolidation from 1.5770 extends. Break of 1.5458 support …
The S&P 500 is down 7 points to 1714, shortly after the open. This is a classic ‘buy the rumor, sell the fact’ trade. Stocks will be all about earnings in the short-term. Shares of IBM are down 6.5% after a big revenue miss in Q3 earnings.
Technical Outlook: EURAUD broke out of a multi-month, descending median-line formation off the yearly high with the rally now consolidating just below confluence resistance at the 50% retracement of the September decline. A topside breach …
Trading focus this week is on the EURUSD and EURAUD, specifically on identifying the end of corrective weakness (buying dips). Eventual EURUSD targets extend to 13800-13900 and 14400 and risk (for longs) is the 1/10 low at …
EURAUD responds to key resistance 1.4577- 1.4601 Scalp bias constructive above 1.4345 Event risk on tap this week Bottom line: looking for long-triggers / buy pullbacks while above 1.4345 withonly a break sub-1.43 shifting our bias …
Four of the currency pairs (EURUSD, NZDUSD, USDCAD, EURAUD) decreased to a level commensurate with range trading while none of the pairs increased from range levels to trend levels. In ideal market conditions for a breakout …
Notes: The EURAUD has made an impressive move this week with the pair breaking below the March opening range defined by the 38.2% retracement of the November advance at 1.5150. A weekly opening range break below 1.5085 …