Pivot: 1.3230. Our preference: LONG positions above 1.323 with 1.33 1.3345 in sight. Alternative scenario: The downside breakout of 1.323 will open the way to 1.3195...
Pivot: 19.50 Our preference: LONG positions above 19.5 with 20 20.3 in sight. Alternative scenario: The downside penetration of 19.5 will call for 19.2 18.7. Comment:...
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...
Pivot: 1.033 Our preference: Long positions above 1.033 with targets @ 1.04 1.044 in extension. Alternative scenario: Below 1.033 look for further downside with 1.0275 1.0245...
USD/JPY Technical Analysis – Prices slipped below support-turned-resistance at 98.85, the June 3 low, exposing the 38.2% Fibonacci expansion at 97.72. A further drop below that...
USD/CHF Technical Analysis – Prices broke higher, completing a bullish Falling Wedge chart pattern and exposing the 23.6% Fibonacci expansion at 0.9374. A pullback from this...
EUR/GBP Technical Analysis – Prices reversed lower to test support at 0.8626, the 38.2% Fibonacci retracement, a barrier reinforced by a rising trend line set from...
NZD/USD Technical Analysis – Prices broke below support at 0.7810, the 23.6% Fibonacci expansion. Sellers now aim to challenge the 0.7682-0.7726 area marked by the June...
EUR/JPY Technical Analysis – Prices broke support at 130.90, the 23.6% Fibonacci expansion, exposing the 38.2% level at 129.76. A further push beneath this eyes the...
AUD/USD Technical Analysis – Prices put in a Hammer candlestick above resistance-turned-support at the top of a falling channel set from April, hinting a bounce may...