ASIA/EUROPE FOREX NEWS WRAP The US Dollar is the top performer once again as Asian traders happily lapped up the world’s reserve currency following the Monday...
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...
USD/CHF Technical Analysis– Prices put in a bearish Dark Cloud Cover candlestick pattern hinting a move lower is ahead. Initial support is at 0.9630, the 23.6%...
US Dollar Technical Analysis– Prices put in a bearish Dark Cloud Cover candlestick pattern below resistance at 10822, the 50% Fibonacci expansion, hinting a move lower...
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,...
USD/CAD Technical Analysis– Prices advanced as expected after putting in a bullish Morning Star candlestick pattern above support at a rising trend line set from mid-September...
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...
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...
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...
EUR/USD Technical Analysis– Prices put in a Bullish Engulfing candlestick pattern, hinting at gains ahead. Initial resistance is at 1.2901, the 23.6% Fibonacci retracement, with a...