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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: 96.25 Our preference: LONG positions above 96.25 with targets @ 97.85 98.35. Alternative scenario: The downside breakout of 96.25 will open the way to 95.25...
Pivot: 28.40 Our preference: SHORT positions below 28.4 with targets @ 27.85 27.6. Alternative scenario: The upside penetration of 28.4 will call for a rebound towards...
Pivot: 1.2845 Our preference: Short positions below 1.2845 with targets @ 1.275 1.273 in extension. Alternative scenario: Above 1.2845 look for further upside with 1.2895 1.292...
Pivot: 1.517 Our preference: Long positions above 1.517 with targets @ 1.526 1.529 in extension. Alternative scenario: Below 1.517 look for further downside with 1.513 1.509...
Pivot: 120.95 Our preference: Short positions below 120.95 with targets @ 119.45 118.9 in extension. Alternative scenario: Above 120.95 look for further upside with 121.85 122.35...
Pivot: 0.8445 Our preference: Short positions below 0.8445 with targets @ 0.8405 0.839 in extension. Alternative scenario: Above 0.8445 look for further upside with 0.848 0.85...
US Dollar Technical Analysis– Prices are testing falling trend line resistance at 10473, with a break higher exposing the 23.6% Fibonacci expansion at 10518. Near-term support...
EUR/GBP Technical Analysis – Prices continue to push lower after completing a bearish Rising Wedge chart formation. Sellers are now testing support at 0.8408, the 38.2%...
EUR/JPY Technical Analysis– Prices declined as expected after putting in a bearish Harami candlestick pattern. Sellers are now testing below support at 120.43, the 61.8% Fibonacci...