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USD/CAD Technical Analysis– Prices declined as expected after putting in a bearish Dark Cloud Cover below the 1.04 figure. Sellers now aim to challenge support at...
USD/CHF Technical Analysis– Prices declined as expected after putting in a Bearish Engulfing candlestick pattern. Sellers took out support at 0.9522, the 50% Fibonacci retracement, to...
AUD/USD Technical Analysis– Prices are pulling back from resistance at 0.9776, the 23.6% Fibonacci retracement. Near-term support is at 0.9580, marked by the July 2012 low,...
NZD/USD Technical Analysis– Prices put in a Bullish Engulfing candlestick pattern above major support at a rising trend line set from June 2009, hinting a move...
USD/JPY Technical Analysis– Prices declined as expected after putting in a Bearish Engulfing candlestick pattern. The pair has now taken out support at 100.68, the 23.6%...
GBP/USD Technical Analysis – Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern. A break above resistance at 1.5307, the 50% Fibonacci retracement,...
EUR/USD Technical Analysis– Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern. Prices have now broken above a falling trend line set from...
ASIA/EUROPE FOREX NEWS WRAP The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) has picked itself off of the floor the past two sessions, but gains for...
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...
THE TAKEAWAY: The US Dollar mounted a shallow corrective recovery but overall technical positioning continues to favor the downside scenario. Capitalize on Shifts in Market Mood...