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EUR/GBP Technical Analysis – Prices are now testing support at 0.8408, the 38.2% Fibonacci retracement. A bounce sees the first layer of major resistance at 0.8563,...
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: 0.844 Our preference: Long positions above 0.844 with targets @ 0.8485 0.85 in extension. Alternative scenario: Below 0.844 look for further downside with 0.8425 0.8405...
Pivot: 1.2875 Our preference: Short positions below 1.2875 with targets @ 1.28 1.277 in extension. Alternative scenario: Above 1.2875 look for further upside with 1.2895 1.292...
Pivot: 1.5175 Our preference: Short positions below 1.5175 with targets @ 1.509 1.506 in extension. Alternative scenario: Above 1.5175 look for further upside with 1.522 1.526...
Pivot: 93.4 Our preference: Short positions below 93.4 with targets @ 92.9 92.4 in extension. Alternative scenario: Above 93.4 look for further upside with 93.85 94.4...
Pivot: 0.9445 Our preference: Long positions above 0.9445 with targets @ 0.9505 0.9525 in extension. Alternative scenario: Below 0.9445 look for further downside with 0.943 0.9415...
Pivot: 1592.00 Our preference: SHORT positions below 1592 with 1576 1565 as next targets. Alternative scenario: The upside penetration of 1592 will call for 1604 1608....
GBP/JPY Technical Analysis– Prices are testing below support at 141.84, the 50% Fibonacci retracement. A break below that aims for the 61.8% level at 140.89. Near-term...
EUR/JPY Technical Analysis– Prices declined as expected after putting in a bearish Harami candlestick pattern. Sellers are now testing below support at 119.12, the 76.4% Fibonacci...