This article was submitted by Aaron Hill from FP Markets.
Short-Term Price Action Sub $1.24
Despite efforts to shape support from the $1.24 region, recent hours witnesse… Read More
Across the page on the daily timeframe, support at $1,919 appears to be hanging by a thread. This level is key. Clearance of this base would technically hand the baton to sellers to run for… Read More
GBP/USD Direction
Given the scope to post additional underperformance, GBP/USD is likely to cross beneath H1 support from $1.2356 and target $1.23, followed by daily support mentioned above… Read More
Price Action Closing in on Daily Demand
Across the page on the daily chart, you might recall that I noted the possibility of a sell-off emerging from channel resistance extended from the hig… Read More
H1 Timeframe Working with ¥144 and ¥143
Finally, from the H1 timeframe, we can see that price recently recoiled from ¥143 and is on the verge of approaching resistance from ¥… Read More
Short-Term Support Breach?
While the bigger picture (daily chart) displays room to push lower, H1 support at $1,945 is vulnerable. Overhead resistance at $1,955 remains on the radar, but the… Read More