Latest Forex Research
USDJPY – below 117.41/05 can confirm shooting star, 1.618 extension
The bearish shooting star on Thursday (confirmed with Friday’s decline) and
EURUSD – no head & shoulders bottom. Key n/t range is 1.2358/2444
The right shoulder idea in Euro was wrong because prices did not break the key neckline at 1.2578 and
Daily FX Update
Last week: Since the close on November 14th, the USD has gained over one percent against JPY, AUD and
EUR Mid-day Analysis
The Euro is extremely oversold and is seeing the temporary benefits of technical balancing.
USD Mid-day Analysis
After another new high for the move overnight the Dollar has seen some modest profit taking.
CAD Mid-day Analysis
The Canadian has managed to rise consistently against the headwinds of a strong Dollar and
GBP Mid-day Analysis
A temporary recovery of the Pound might only be a prelude to a resumption of downward motion.
