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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...
GBP/JPY Technical Analysis– Prices are inching lower as expected after putting in a Bearish Engulfing candlestick pattern below resistance at 153.85, the April 11 swing high....
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...
USD/CHF Technical Analysis– Prices pulled back as expected after putting in a Shooting Star candlestick. Sellers are now testing support at 0.9275, the 61.8% Fibonacci expansion,...
EUR/JPY Technical Analysis– Prices are testing support at 127.70, marked by the February 6 high and the bottom of a Triangle chart pattern carved out since...
AUD/USD Technical Analysis– Prices are testing below support at 1.0246, the 38.2% Fibonacci expansion. A break downward confirmed on a daily closing basis exposes the 50%...
USD/CAD Technical Analysis– Prices broke support at in the 1.0095-99 area, marked by the 76.4% Fibonacci expansion and the January 25 swing high. Sellers now target...
USD/JPY Technical Analysis– Prices recoiled from resistance below the 100.00 figure break below support at 97.79, the 23.6% Fibonacci retracement. Sellers now target the 38.2% level...
GBP/USD Technical Analysis – Prices are testing resistance at the top of a rising channel set from mid-March (1.5573), a barrier reinforced by the 50% Fibonacci...
NZD/USD Technical Analysis– Prices are testing support at 0.8465, the 38.2% Fibonacci expansion, with a break lower exposing the 50% level at 0.8427. Near-term resistance is...