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NZD/USD Technical Analysis– Prices broke support at 0.8270, the 100% Fibonacci expansion, exposing the 123.6% level at 0.8195. A further break below that targets the 138.2%...
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...
USD/CHF Technical Analysis– Prices broke above resistance at 0.9539, the 100% Fibonacci expansion, exposing the 123.6% level at 0.9608. A further push above that eyes the...
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 61.8% Fibonacci expansion at...
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/USD Technical Analysis– Prices are testing support at 1.2953, the April 24 low, with a break lower targeting the 38.2% Fibonacci expansion at 1.2873. A further...
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....
ASIA/EUROPE FOREX NEWS WRAP The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) has exploded to fresh yearly highs, and its highest level since July 2010, as...
THE TAKEAWAY: The US Dollar found interim resistance having touched the highest level in nearly three years while the SP 500 continues to consolidate. US DOLLAR...