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: 0.856 Our preference: Short positions below 0.856 with targets @ 0.851 0.849 in extension. Alternative scenario: Above 0.856 look for further upside with 0.858 0.86...
GBP/JPY Technical Analysis– Prices continue to consolidate below resistance at 154.00, the 14.6% Fibonacci retracement. A break below support at 152.30, the 23.6% level, targets the...
USD/CHF Technical Analysis– Prices declined as expected after putting in a Bearish Engulfing candlestick pattern. Sellers took out support at 0.9596, the 38.2% Fibonacci retracement, to...
USD/CAD Technical Analysis– Prices declined as expected after putting in a bearish Dark Cloud Cover below the 1.04 figure, dropping through rising trend line support set...
NZD/USD Technical Analysis– Prices broke below supportat 0.7977, the 38.2% Fibonacci expansion. Sellers now stand to challenge a major hurdle in the 0.7891-14 region, marked the...
AUD/USD Technical Analysis– Prices are stalling above support in the 0.9543-80 region, the intersection of the June 1 2012 low and the 14.6% Fibonacci expansion, with...
USD/JPY Technical Analysis– Prices declined as expected after putting in a Bearish Engulfing candlestick pattern. The pair has now taken out support at 100.68, the 23.6%...
GBP/USD Technical Analysis – Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern and clearing falling trend line resistance set from early May....
EUR/USD Technical Analysis– Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern. The pair is now testing resistance at a falling trend line...