Connect with us
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...
EUR/JPY Technical Analysis– Prices are edging lower as expected after putting in a bearish Evening Star candlestick pattern below falling trend line resistance set from late...
GBP/JPY Technical Analysis– Prices moved lower as expected after putting in back-to-back Doji candlesticks below resistance in the 151.20-56 area, marked by a horizontal pivot in...
NZD/USD Technical Analysis– Prices are recovering as suspected after putting in a Doji candlestick. Near-term resistance is at 0.7827, the 14.6% Fibonacci retracement, with a break...
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...
GBP/USD Technical Analysis – Prices pulled back as expected after putting in a Hanging Man candlestick below support-turned-resistance at the underside of a rising channel set...
US Dollar Technical Analysis– Prices are pushing higher eyeing resistance at 10781, the 76.4% Fibonacci retracement. A break higher exposes the May 29 swing high at...
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...
AUD/USD Technical Analysis– Prices are recovering as expected. Near-term resistance is at 0.9386, a major support-turned-resistance level dating back to late October 2011, followed by the...
EUR/USD Technical Analysis– Prices turned lower as expected, snapping the rising trend established from mid-May. A break past support at 1.3032, the 61.8% Fibonacci retracement, has...