Technical Analysis

Technically speaking They suggest: Selling the pair on a small rally to 126.20  Target at 123.65 and  Stop at 126.90.  What is may take? From my technical perspective, I like the sell, and the highs from today were a decent level to do that.  Looking at the hourly chart above, the highs today (and yesterday)
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Down -$0.42 or -0.65% The price of crude oil is settling at $63.98. That is down $.42 or -0.65%. The high reached $64.79 today. The low extended to $63.68. Technically, looking at the hourly chart below, the highs today found sellers near a topside trend line connecting highs from March 26, April 2 and April
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Intraday support also keeps the track to the upside The AUDUSD is back up testing the ceiling area in the 0.7128-309 area (see yellow area in the chart below). That area is home to swing highs from last week’s trading.  As outlined in an earlier post, on the 5-minute intraday chart, the price moved above
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Up down since the morning employment reports The US was not the only country to report unemployment statistics.  In Canada, after string of 6 months of employment gains and two months where gains were an oversized 66.8K and 55.9k (in November the gain was 78.4K as well), the jobs numbers showed a decline of -7.2K
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