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AUD/USD Technical Analysis– Prices put in a bullish Piercing Line candlestick pattern, hinting at gains ahead. Initial resistance is at 0.9809, the 14.6% Fibonacci retracement, with...
NZD/USD Technical Analysis– Prices put in a Bullish Engulfing candlestick pattern, hinting a move higher is ahead. Initial resistance is at 0.8184, the 23.6% Fibonacci retracement,...
GBP/USD Technical Analysis – Prices declined as expected after putting in a Shooting Star candlestick below resistance at the top of a rising channel set from...
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/USD Technical Analysis– Prices rose as expected after putting in a Bullish Engulfing candlestick pattern. Near-term resistance is at 1.2966, the 38.2% Fibonacci retracement, with a...
USD/JPY Technical Analysis– Prices put in a Bearish Engulfing candlestick pattern below resistance at 103.16, the 100% Fibonacci expansion, hinting a move lower is ahead. Near-term...
THE TAKEAWAY: US Dollar technical positioning warns a turn lower may be ahead, with testimony from Ben Bernanke and May’s FOMC minutes lining up as possible...
ASIA/EUROPE FOREX NEWS WRAP The past several hours have produced increased volatility across the board, though the clear winner today – simply because of a lack...
4Hour 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...
4Hour Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: The NZDUSD is in...