EUR/GBP Technical Analysis – Prices advanced as expected after completing a bullish Piercing Line candlestick pattern above support at 0.8475, a horizontal shelf reinforced by rising...
USD/CAD Technical Analysis– Prices pulled back as expected, completing a bearish Evening Star candlestick pattern. Initial support is at 1.0427, the 23.6% Fibonacciretracement, with a break...
USD/CHF Technical Analysis– Prices took out resistance at the 0.94 figure, a barrier marked by the underside of a rising trend line set from February and...
US Dollar Technical Analysis– Prices are testing above resistance at 10781, the 76.4% Fibonacci retracement, with a break higher on a daily closing basis exposing the...
EUR/USD Technical Analysis– Prices turned lower as expected, snapping the rising trend established from mid-May. The pair has now found support at the 1.30 figure, a...
GBP/USD Technical Analysis – Prices declined as expected after putting in a Hanging Man candlestick below support-turned-resistance at the underside of a rising channel set from...
USD/JPY Technical Analysis– Prices cleared a falling trend line set from late May to challenge resistance at 98.70, the 38.2% Fibonacci expansion. A daily close above...
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 Price action was rather muted in Europe this morning with the notable exception of the rally against the Japanese Yen, for which...
Want to add the Moving Average Dashboard to your charts? Download it free on FXCMApps.com. TREND IN FOCUS: GBPUSD (H4) – The GBPUSD remains in a...