EUR/GBP Technical Analysis – The formation of a Triangle chart preceded a breakout higher, as expected. Buyers now aim to challenge the 23.6% Fibonacci expansion at...
USD/CHF Technical Analysis– Prices declined as expected after putting in a Bearish Engulfing candlestick pattern, with sellers testing below support at the 38.2% Fibonacci retracement (0.9596)....
USD/CAD Technical Analysis– Prices put in a bearish Dark Cloud Cover below the 1.04 figure, warning a move lower may be ahead. Negative RSI divergence seems...
NZD/USD Technical Analysis– Prices put in a Bullish Engulfing candlestick pattern above support at 0.8052, the November 16 2012 low, hinting a move higher is ahead....
AUD/USD Technical Analysis– Prices are stalling above support in the 0.9580-84 region, the intersection of the June 1 low and the 38.2% Fibonacci expansion, with positive...
GBP/USD Technical Analysis – Prices completed a Bullish Engulfing candlestick pattern and cleared resistance at the top of a falling channel set from early May, hinting...
USD/JPY Technical Analysis– Prices declined as expected after putting in a Bearish Engulfing candlestick pattern. The pair is now testing below support at 100.68, the 23.6%...
EUR/USD Technical Analysis– Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern. Initial resistance is at 1.2972, the 23.6% Fibonacciretracement. A break above...
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: 93.80 Our preference: SHORT positions below 93.8 with 92.2 91.45 in sight. Alternative scenario: The upside breakout of 93.8 will open the way to 94.2...