Connect with us
ASIA/EUROPE FOREX NEWS WRAP The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) is back near its July lows as USDJPY weakness spurred on by disappointing Japanese...
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: 1298.00 Our preference: LONG positions above 1298 with 1335 1360 as next targets. Alternative scenario: The downside breakout of 1298 will open the way to...
US Dollar Technical Analysis– Prices are pulling back from falling trend line resistance set from the July 8 high (now at 10844) to test support in...
GBP/USD Technical Analysis – Prices broke above resistance at 1.5171, a barrier marked the 38.2% Fibonacci retracement and reinforced by a rising trend line set from...
EUR/GBP Technical Analysis – Prices are testing support at 0.8590, the 38.2% Fibonacci retracement, with a break below that targeting the 50% mark at 0.8553. Initial...
USD/CAD Technical Analysis – Prices are drifting lower toward the July 11 low at 1.0325, with a break below that targeting a rising trend line set...
USD/JPY Technical Analysis – Prices are pulling back from falling trend line resistance set from late May. Initial support is at 98.56, the 38.2% Fibonacci retracement,...
EUR/JPY Technical Analysis – Prices broke above resistance at 130.72, the 38.2% Fibonacci expansion, exposing the 50% level at 132.50. A further push above that aims...
USD/CHF Technical Analysis – A lackluster break higher failed to produce follow-through as we suspected, with prices reversing lower toward support at 0.9367 marked by the...