Pivot: 92.00 Our preference: SHORT positions below 92 with 90 89 as next targets. Alternative scenario: The upside breakout of 92 will open the way to...
Pivot: 0.8635 Our preference: Short positions below 0.8635 with targets @ 0.857 0.8535 in extension. Alternative scenario: Above 0.8635 look for further upside with 0.868 0.871...
Pivot: 1.008 Our preference: Long positions above 1.008 with targets @ 1.014 1.0175 in extension. Alternative scenario: Below 1.008 look for further downside with 1.006 1.004...
Pivot: 0.9335 Our preference: Short positions below 0.9335 with targets @ 0.927 0.923 in extension. Alternative scenario: Above 0.9335 look for further upside with 0.9365 0.939...
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: 93.70 Our preference: SHORT positions below 93.7 with 91.9 91.3 as next targets. Alternative scenario: The upside penetration of 93.7 will call for 94.8 95.6....
US Dollar Technical Analysis– Prices recoiled from resistance below the 23.6% Fibonacci expansion at 10547. Falling channel resistance-turned-support is at 10428, with a push beneath that...
GBP/JPY Technical Analysis– Prices are pulling back from resistance at 153.39, the 161.8% Fibonacci expansion. Initial support is at 152.44, the 50% level, with a break...
EUR/JPY Technical Analysis– Prices are testing below resistance-turned-support at 130.11, the 150% Fibonacci expansion. A break lower that eyes the 138.2% Fibat 129.25.Near-term resistance is at...
USD/CHF Technical Analysis– Prices pushed lower after putting in a Dark Cloud Cover candlestick pattern below trend line support-turned-resistance. Sellers are now testing the 50% Fibonacci...