Pivot: 1.312 Our preference: Short positions below 1.312 with targets @ 1.303 1.2995 in extension. Alternative scenario: Above 1.312 look for further upside with 1.316 1.319...
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: 1.312 Our preference: Short positions below 1.312 with targets @ 1.303 1.2995 in extension. Alternative scenario: Above 1.312 look for further upside with 1.316 1.319...
US Dollar Technical Analysis– Prices recoiled from resistance below the 23.6% Fibonacci expansion at 10547, slipping back below the 14.6% level at 10487 and exposing a...
EUR/GBP Technical Analysis – Prices broke resistance at 0.8500, the 23.6% Fibonacci retracement, exposing the 38.2% level at 0.8556. A further push above that eyes the...
GBP/JPY Technical Analysis– Prices are testing resistance at 152.44, the 150% Fibonacci expansion. A break above that initially eyes the 161.8% mark at 153.39. Near-term support...
USD/CHF Technical Analysis– Prices continue to push lower after putting in a Dark Cloud Cover candlestick pattern below trend line support-turned-resistance. Sellers took out support at...
EUR/JPY Technical Analysis– Prices are testing resistance at 130.11, the 150% Fibonacci expansion. A break above that eyes the 161.8% level at 130.97. Near-term support is...
USD/CAD Technical Analysis– Prices are testing resistance at 1.0174, the 23.6% Fibonacci retracement. A break above that eyes falling channel resistance at 1.0224. Channel support is...
NZD/USD Technical Analysis– Prices are testing resistance at 0.8544, the 61.8% Fibonacci expansion, with a break below that targeting the 76.4% level at 0.8634. Near-term support...