View COT data in MT4 Latest CFTC Release dated June 4, 2013: The COT Index is the difference between net speculative positioning and net commercial positioning...
Pivot: 95.25 Our preference: LONG positions above 95.25 with 96.7 97.3 as next targets. Alternative scenario: The downside penetration of 95.25 will call for 93.75 92.4....
Pivot: 1.235 Our preference: Long positions above 1.235 with targets @ 1.242 1.244 in extension. Alternative scenario: Below 1.235 look for further downside with 1.2315 1.2265...
US Dollar Technical Analysis– Prices moved lower as expected after putting in a Bearish Engulfing candlestick pattern. A recovery has now been mounted from a support...
ASIA/EUROPE FOREX NEWS WRAP The Euro, alongside the two North American currencies, is leading the majors this morning after the return of liquidity during European trading...
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 declined as expected after putting in a Bearish Engulfing candlestick pattern. The pair found interim support in the 95.90-96.70 area, marked by...
GBP/USD Technical Analysis – Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern. A break above resistance at 1.5465, the 76.4% Fibonacci retracement,...
EUR/GBP Technical Analysis – Prices are retesting support-turned-resistance at 0.8494, with a break higher on a daily closing basis eyeing the April 16 close at 0.8575....
GBP/JPY Technical Analysis– Prices are recovering from rising trend line support to test above the 23.6% Fibonacci retracement at 152.30, with a break higher exposing the...