Pivot: 100.00 Our Preference: SHORT position below 100 with 90.85 87.5 in sight. Alternative Scenario: Above 100 up move to 103.8 106. Comment: the pair has...
Pivot: 1488. Our Preference: Bearish below 1488 with targets @ 1265 1150 in extension. Alternative scenario: An upside breakout of 1488 would open the way towards...
Pivot: 1.5425 Our preference: Long positions above 1.5425 with targets @ 1.553 1.556 in extension. Alternative scenario: Below 1.5425 look for further downside with 1.533 1.527...
Pivot: 150.3 Our preference: Long positions above 150.3 with targets @ 151.95 152.4 in extension. Alternative scenario: Below 150.3 look for further downside with 149.35 148.85...
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...
USD/JPY Technical Analysis– Prices advanced as expected after putting in a bullish Morning Star candlestick pattern. The bulls have now pushed through a key resistance cluster...
EUR/JPY Technical Analysis– Prices are pushing higher to challenge falling trend line resistance set from late May, a barrier reinforced by the 38.2% Fibonacci expansion at...
NZD/USD Technical Analysis– Prices are testing support in the 0.7757-86 area marked by a trend line set from August 2010 and the 38.2% Fibonacci expansion. A...
GBP/USD Technical Analysis – Prices pulled back as expected after putting in a Hanging Man candlestick below support-turned-resistance at the underside of a rising channel set...
USD/CHF Technical Analysis– Prices found support at a rising trend line set from the February 2012 swing low and moved higher to test the 23.6% Fibonacci...