NZD/USD Technical Analysis– Prices are testing support at 0.8270, the 100% Fibonacci expansion. A break below that targets the 123.6% level at 0.8195. Near-term resistance is...
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...
AUD/USD Technical Analysis– Prices broke support at the bottom of a multi-month range in the 1.0163-81 area, a barrier reinforced by the 38.2% Fibonacci expansion at...
USD/JPY Technical Analysis– Prices broke above resistance at 101.42, the 76.4% Fibonacci expansion, clearing the way for a move to challenge the 100% level at 103.16....
EUR/USD Technical Analysis– Prices broke below the 23.6% Fibonacci expansion at 1.3014, exposing the 1.2873-1.2904 area marked by a downward-sloping neckline and the 38.2% level. A...
THE TAKEAWAY: The US Dollar continues to push higher, touching the highest levels in nearly two years, while SP 500 struggles to maintain momentum at chart...
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...
Article summary: The impressive US Dollar breakout looks like the real deal. Here’s how we’d like to trade the Greenback against the Yen, Euro, Australian Dollar,...
ASIA/EUROPE FOREX NEWS WRAP The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) is in the midst of one of its best upswings of the year, gaining...
US Dollar Technical Analysis– Prices broke above resistance at the top of a rising channel set from early March, exposing the 123.6% Fibonacci expansion at 10640....