USD/CAD Technical Analysis– Prices are oscillating below resistance in the 1.0001-08 area marked by the April 11 close and the 23.6% Fibonacci retracement. Support is at...
NZD/USD Technical Analysis– Prices are consolidating above around the 0.85 figure. Near-term trend line resistance is at 0.8558, with a break above that targeting swing highs...
AUD/USD Technical Analysis– Prices are testing support at 1.0246, the 38.2% Fibonacci expansion. This barrier is reinforced by the bottom of a falling channel set from...
GBP/USD Technical Analysis – Prices confirmed a Shooting Star candlestick below resistance at the top of a rising channel with a bearish close on the following...
USD/JPY Technical Analysis– Prices are consolidating in a Triangle formation below the 100.00 figure. Near-term support is at 97.25, with a break below that exposing a...
EUR/USD Technical Analysis– Prices found support at a rising trend line set from the March 27 low to test the 38.2% Fibonacci expansion at 1.3127. A...
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: 23.70 Our preference: LONG positions above 23.7 with targets @ 24.59 24.8. Alternative scenario: The downside penetration of 23.7 will call for a slide towards...
Pivot: 93.55 Our preference: LONG positions above 93.55 with targets @ 97.2 98. Alternative scenario: The downside breakout of 93.55 will open the way to 92...
Pivot: 1463.00 Our preference: LONG positions above 1463 with 1486 1491.5 in sight. Alternative scenario: The downside breakout of 1463 will open the way to 1441...