Connect with us
GBP/USD Technical Analysis – Prices are testing resistance at 1.5354, the 50% Fibonacci retracement, with a break above that targeting the 61.8% level at 1.5478. Near-term...
USD/JPY Technical Analysis– Prices are testing above resistance at 98.42, the 100% Fibonacci extension. A break above that on a daily closing basis eyes the 123.6%...
EUR/USD Technical Analysis– Prices continue to push higher after putting in a bullish Harami candlestick pattern. Buyers are now testing above the 1.30 figure, with a...
EUR/GBP Technical Analysis – Prices are testing resistance at 0.8500, the 23.6% Fibonacci retracement. A break above that exposes the 38.2% level at 0.8556. Near-term support...
GBP/JPY Technical Analysis– Prices are testing above resistance at 150.31, the 123.6% Fibonacci expansion. A break above that initially eyes the 138.2% mark at 151.49. Near-term...
EUR/JPY Technical Analysis– Prices are testing above the 123.6% Fibonacci expansion at 128.18. A break above that targets the 138.2% level at 129.25. Near-term support is...
THE TAKEAWAY: The US Dollar is testing above technical resistance while the downward reversal in the SP 500 appears to be gathering momentum. US DOLLAR TECHNICAL...
Major USDJPY resistance probably isn’t until 2009 high at 101.43. That level is also near the 1999 and 2005 lows. Near term action could get a...
Article summary: Our Breakout2 and Momentum2 systems have had an outsized day of gains on the massive Japanese Yen sell-off. Here’s how we’re setting things up...
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...