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Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: The 5/23 reversal unfolded...
Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: Bigger picture, a EURUSD...
ASIA/EUROPE FOREX NEWS WRAP The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) initially rallied in the Asian session on the back of a weaker Japanese Yen...
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...
US Dollar Technical Analysis– Prices put in a Dark Cloud Cover candlestick pattern, hinting a move lower may be ahead. Negative RSI divergence reinforces the case...
GBP/JPY Technical Analysis– Prices are bouncing from support at 152.30, the 23.6% Fibonacci retracement. Near-term resistance is at 154.00, the 14.6% Fib, with a break above...
EUR/GBP Technical Analysis – The formation of a Triangle chart preceded a breakout higher, as expected. Buyers now aim to challenge the 23.6% Fibonacci expansion at...
USD/CHF Technical Analysis– Prices declined as expected after completing a Bearish Engulfing candlestick pattern, taking out the 23.6% Fibonacci retracement at 0.9687. Sellers now challenge the...
EUR/JPY Technical Analysis– Prices declined as expected to find support at 130.34, the 23.6% Fibonacci retracement. The pair is now mounting a shallow recovery to retest...
NZD/USD Technical Analysis– Prices put in a Bullish Engulfing candlestick pattern above support at 0.8052, the November 16 2012 low, hinting a move higher is ahead....