ASIA/EUROPE FOREX NEWS WRAP The Japanese Yen has emerged as the top performer for the second consecutive day as further evidence that ‘Abenomics’ and the Bank...
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...
GBPJPY traded into big resistance this week from highs throughout April, May and June. The 5/23 close at 154.03 marked the exact high for the latest...
Pivot: 1.325 Our preference: Long positions above 1.325 with targets @ 1.33 1.337 in extension. Alternative scenario: Below 1.325 look for further downside with 1.3175 1.315...
Pivot: 1.535 Our preference: Long @ 1.538 with targets @ 1.543 1.5485 in extension. Alternative scenario: Below 1.535 look for further downside with 1.5295 1.526 as...
Pivot: 0.8 Our preference: Long positions above 0.8 with targets @ 0.81 0.8145 in extension. Alternative scenario: Below 0.8 look for further downside with 0.795 0.79...
Pivot: 0.9340. Our preference: SHORT positions below 0.934 with targets @ 0.9265 0.924. Alternative scenario: The upside breakout of 0.934 will open the way to 0.94...
Pivot: 1324.00 Our preference: LONG positions above 1324 with 1348 1357 as next targets. Alternative scenario: The downside penetration of 1324 will call for a slide...
Pivot: 19.70 Our preference: LONG positions above 19.7 with 20.6 20.85 as next targets. Alternative scenario: The downside penetration of 19.7 will call for 19.25 18.7....
Pivot: 1.3215. Our preference: LONG positions above 1.3215 with targets @ 1.33 1.337. Alternative scenario: The downside penetration of 1.3215 will call for a slide towards...