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Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: The GBPUSD blasted through...
Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? Commodity Analysis: There remains little...
Pivot: 95.95 Our preference: SHORT positions below 95.95 with 93.75 92.4 as next targets. Alternative scenario: The upside penetration of 95.95 will call for a rebound...
Summary: Why is the Australian Dollar so weak, and could its very recent bounce be the start of a larger bounce? We think so, and here’s...
Pivot: 1.017 Our preference: Long positions above 1.017 with targets @ 1.025 1.028 in extension. Alternative scenario: Below 1.017 look for further downside with 1.014 1.01...
Pivot: 1.229 Our preference: Long positions above 1.229 with targets @ 1.236 1.2385 in extension. Alternative scenario: Below 1.229 look for further downside with 1.2265 1.225...
ASIA/EUROPE FOREX NEWS WRAP A quick at the Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) and one would be led to believe that risk appetite has...
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...
USD/CAD Technical Analysis– Prices declined as expected after putting in a bearish Dark Cloud Cover candlestick pattern below the 1.04 figure. The pair is now mounting...
NZD/USD Technical Analysis– Prices pierced critical support marked by the 61.8% Fibonacci retracement (0.7921) and a rising trend line set from June 2009. Sellers now target...