EUR/USD Technical Analysis– Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern. The pair is now recoiling from resistance at a falling trend...
US Dollar Technical Analysis– Prices moved lower as expected, with prices taking out support at the 23.6% Fibonacci retracement (10764) after completing a Bearish Engulfing candlestick...
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: 0.9655 Our preference: Short positions below 0.9655 with targets @ 0.958 0.953 in extension. Alternative scenario: Above 0.9655 look for further upside with 0.9695 0.9735...
Pivot: 100.55. Our preference: LONG positions above 100.55 with targets @ 101.8 102.2. Alternative scenario: The downside penetration of 100.55 will call for 100.1 99.7. Comment:...
Pivot: 0.9600. Our preference: SHORT positions below 0.96 with 0.951 0.9465 as next targets. Alternative scenario: The upside penetration of 0.96 will call for 0.966 0.9705....
Pivot: 91.65 Our preference: LONG positions above 91.65 with 94.2 95.85 in sight. Alternative scenario: The downside penetration of 91.65 will call for a slide towards...
Pivot: 0.804 Our preference: Long positions above 0.804 with targets @ 0.812 0.814 in extension. Alternative scenario: Below 0.804 look for further downside with 0.8005 0.796...
Pivot: 0.96 Our preference: Short positions below 0.96 with targets @ 0.951 0.9465 in extension. Alternative scenario: Above 0.96 look for further upside with 0.966 0.9705...
Pivot: 0.804 Our preference: Long positions above 0.804 with targets @ 0.8125 0.817 in extension. Alternative scenario: Below 0.804 look for further downside with 0.8005 0.796...