Connect with us
US Dollar Technical Analysis– Prices are retesting recently broken resistance-turned-support at 10488, the 14.6% Fibonacci retracement. A break below that targets the 10424-28 area, marked by...
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...
ASIA/EUROPE FOREX NEWS WRAP The plight of traders in today’s central bank driven investing environment is perfectly illustrated by what has happened with the Australian and...
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 broke above resistance at 153.15, the 50% Fibonacci expansion, exposing the 61.8% level at 154.75. A further push above that aims for...
EUR/JPY Technical Analysis– Prices broke above resistance at the top of a Triangle pattern, hinting at bullish trend resumption ahead. The first upside barrier from here...
USD/CAD Technical Analysis– Prices broke support at 1.0039, the 38.2% Fibonacci expansion, exposing the 50% level at 1.0010. This barrier is reinforced by a rising trend...
USD/CHF Technical Analysis– Prices are testing support at 0.9342, the 23.6% Fibonacci expansion. A break below that aims for rising trend line support at 0.9269. Falling...
NZD/USD Technical Analysis– Prices are bouncing from support at 0.8390, the 61.8% Fibonacci expansion. Near-term resistance is at 0.8465, the 38.2% level, with a break above...
AUD/USD Technical Analysis– Prices are staging a recovery from multi-month range support in the 1.0163-81 area, a barrier reinforced by the 61.8% Fibonacci expansion at 1.0161....