The USDJPY traded into the bottom of 3 week consolidation this week. Volatility is increasing but remains relatively low. Strength from the current level would present...
This publication attempts to further explore the concept that mass movements of human psychology, as represented by the financial markets, are subject to the mathematical laws...
ASIA/EUROPE FOREX NEWS WRAP The Japanese Yen has emerged as the top performer for the second consecutive day as further evidence that ‘Abenomics’ and the Bank...
This publication attempts to further explore the concept that mass movements of human psychology, as represented by the financial markets, are subject to the mathematical laws...
GBPJPY traded into big resistance this week from highs throughout April, May and June. The 5/23 close at 154.03 marked the exact high for the latest...
USD/CHF Technical Analysis – Prices broke through support at 0.9326, the 38.2% Fibonacci expansion, exposing the 50% level at 0.9280. A further push beneath this boundary...
USD/CAD Technical Analysis – Prices are testing support at a rising trend line set from early May (now at 1.0282), a barrier reinforced by the 76.4%...
AUD/USD Technical Analysis – Prices are in consolidation mode having taken out resistance at the top of a falling channel set from April. The move hints...
GBP/JPY Technical Analysis – Prices are turning lower as expected after putting in a bearish Dark Cloud Cover candlestick pattern at the top of a rising...
EUR/JPY Technical Analysis – Prices are turning lower as expected after putting gin a Bearish Engulfing candlestick pattern, with sellers pushing through support at a rising...