Fx Charts

Alternatively, a push through support targets 92.51. Daily Chart – Created Using FXCM Marketscope 2.0 Prices completed the Triangle chart formation carved out since late March – a setup indicative of bearish continuation – and took out …

THE TAKEAWAY: S&P 500 technical positioning hints a move lower is ahead but a bearish candle on the safe-haven US Dollar chart casts doubt on expectations of risk aversion. S&P 500 – Prices produced a Dragonfly Doji candlestick below …

Major near-term resistance stands at 1334.40, the January 26 high. Daily Chart – Created Using FXCM Marketscope 2.0 CRUDE OIL – Prices continued lower after clearing support at 97.70, with sellers testing the previously broken top of a falling …

By Sam Dustin (eToro Blog) It is in Japan’s best interest to stabilize the situation in Europe as that will reduce the risk aversion that is strengthening the Yen. At the G20 gathering of finance ministers in Washington, discussion will focus on cont…

Finally, Asian FX crosses are the most immune. As the chart below shows, the Hong Kong Dollar (Bill Ackman’s recent bet) and the Philippine Peso will exhibit the greatest appreciation. Factoring in risk aversion, commodity prices, and global …

By W+W Research (eToro Blog) U.S. markets opened in the red on the first day after the Labor Day holiday. The Dow Jones industrial average is down 2%, the S&P 500 is down 2% and the Nasdaq is down 1.7% at the time of writing this report. Risk avers…

The Mechanics of a Breakout Analyze a chart and determine the mood of the market, or trend direction. In the case of the EURUSD, the risk aversion has been contagious lately. Additionally, after finding support at the 200 day Simple Moving Average …

FXstreet.com (Barcelona) – Gold prices have surged on risk aversion during the last days, with the yellow metal reaching record highs around USD 1,800 oz, and, according to Carol Harmer, technical analyst at Charmer Charts, possibly aiming towards the …

By Barbara Zigah (eToro Blog) A full day after the U.S. ratings downgrade and it seems, by all appearances, that risk aversion momentum is nowhere close to waning. As investors look to the safe haven assets to park their portfolios, the Swiss Franc, Ja…

Despite risk aversion eased from early Asian opening, the EUR/USD has been under pressure since early European opening. 4 hours chart has a increasing bearish tone, with indicators heading lower below their midlines and price crossing upside down 20 SM…