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GBP/USD Technical Strategy: Short at 1.5536, Targeting Below 1.5195 Floating Profit / Loss: +220 pips We entered short GBPUSD at 1.5533. Prices have now met our...
View COT data in MT4 Latest CFTC Release dated May 07, 2013: The COT Index is the difference between net speculative positioning and net commercial positioning...
US Dollar Technical Analysis– Prices broke above resistance at 10588, the 23.6% Fibonacci expansion, exposing the 38.2% level at 10710. A further push higher beyond that...
ASIA/EUROPE FOREX NEWS WRAP After explosive gains the past two days that saw the Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) higher by approximately +1.50%, a...
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/GBP Technical Analysis – Prices appear to be carving out a Triangle chart formation, which may be broadly indicative of bullish continuation (although confirmation is required...
GBP/JPY Technical Analysis– Prices are testing resistance at 156.72, the 76.4% Fibonacci expansion. A break above that aims for the 100% level at 159.90. Near-term support...
USD/CHF Technical Analysis– Prices broke above resistance at 0.9542, the 61.8% Fibonacci expansion, exposing the 76.4% level at 0.9622. A further push above that eyes the...
EUR/JPY Technical Analysis– Prices are testing resistance at 132.35, the 61.8% Fibonacci expansion. A break above that targets the 76.4% level at 134.10. Near-term support is...
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...