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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...
NZD/USD Technical Analysis– Prices are testing support in the 0.7723-57 area marked by a trend line set from August 2010 and the 50% Fibonacci expansion. A...
GBP/JPY Technical Analysis– Prices put in back-to-back Doji candlesticks below resistance in the 151.20-56 area marked by a horizontal pivot in play since late April and...
EUR/JPY Technical Analysis– Prices put in a bearish Evening Star candlestick pattern below falling trend line resistance set from late May (129.48), hinting a move lower...
AUD/USD Technical Analysis– Prices recovered as expected, with the pair now showing a bullish Morning Star candlestick pattern and hinting at further gains ahead. Near-term resistance...
USD/JPY Technical Analysis– Prices are showing a Harami candlestick pattern below resistance marked by a falling trend line set from late May, hinting a move lower...
GBP/USD Technical Analysis – Prices pulled back as expected after putting in a Hanging Man candlestick below support-turned-resistance at the underside of a rising channel set...
USD/CAD Technical Analysis– Prices are testing resistance at 1.0530, the 50% Fibonacciexpansion, with a break higher exposing the 61.8% level at 1.0623. Near-term support is at...
USD/CHF Technical Analysis– Prices found support at a rising trend line set from the February 2012 swing low and moved higher, taking out the 23.6% Fibonacci...
EUR/USD Technical Analysis– Prices turned lower as expected, snapping the rising trend established from mid-May. The pair is now showing a Doji candlestick above support at...