Euro Crosses Attempt Breaks of Resistance

The euro rally is testing resistance against its counterparts.

Euro Resistance Begins at 1.28

There is potential EURUSD resistance from the 11/25 low at 1.2804. 1.28-1.2970 (11/27 high) is heavy congestion. This zone could provide resistance required...

New Zealand Dollar Technical Outlook

There is quintuple divergence with RSI on the daily NZDUSD chart, which warns of a reversal.

NZD/USD: Trading the Reserve Bank of New Zealand's Rate Decision

The New Zealand dollar may face increased selling pressures over the next 24 hours of trading as the RBNZ is widely expected to lower the benchmark interest...

Yen Technical Outlook

Staying bearish the USDJPY has proved a wise decision although the decline over the last month has been choppy.

British Pound Technical Outlook

The rally from 1.4554 is probably wave 4 of (3) (within a 5 wave decline from 2.1160).

Euro Technical Outlook

One can make both a bullish and bearish argument for the euro / dollar going forward. From the bearish perspective, the euro / dollar could still drop...

Swiss Franc Technical Outlook

Higher highs and higher lows since the March low favors bulls longer term.

Canadian Dollar Technical Outlook

The rally from just below 1.15 is in 5 waves and could be a truncated 5th wave.

Australian Dollar Technical Outlook

There remains potential for a large recovery back to the mid .70s given the 5 wave drop from the top (waves a and b of an a-b-c correction would be close...