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GBP/USD Technical Analysis – Prices broke above resistance at 1.5281, the 50% Fibonacci retracement, opening the door for a challenge of the 61.8% level at 1.5392....
EUR/GBP Technical Analysis – Prices are testing support in the 0.8583-90 area marked by a horizontal pivot dating back to mid-February and the 38.2% Fibonacci retracement....
US Dollar Technical Analysis– Prices continue to play out a bearish reversal identified two weeks ago, taking out support in the 10790-803 area to expose the...
EUR/USD Technical Analysis – Prices broke above resistance at 1.3163, the 61.8% Fibonacci retracement. The bulls now aim to challenge 76.4% level at 1.3260, with a...
ASIA/EUROPE FOREX NEWS WRAP The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) is posting meager gains today and is relatively unchanged of recent, having declined by...
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: 131 Our preference: Long positions above 131 with targets @ 131.85 132.35 in extension. Alternative scenario: Below 131 look for further downside with 130.6 130...
Pivot: 20.05 Our preference: LONG positions above 20.05 with targets @ 20.7 21.2. Alternative scenario: The downside breakout of 20.05 will open the way to 19.75...
Pivot: 100.15. Our preference: SHORT positions below 100.15 with 99.2 98.9 in sight. Alternative scenario: The upside penetration of 100.15 will call for 100.65 100.85. Comment:...
Pivot: 152 Our preference: Long positions above 152 with targets @ 153.75 154.2 in extension. Alternative scenario: Below 152 look for further downside with 151.1 150.4...