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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: To recap; “Record positioning...
Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Are you new to FX or curious about your trading IQ? FOREXAnalysis: The USDOLLAR has bounced...
Pivot: 1.568 Our preference: Short positions below 1.568 with targets @ 1.5565 1.5515 in extension. Alternative scenario: Above 1.568 look for further upside with 1.572 1.575...
Pivot: 0.957 Our preference: Short positions below 0.957 with targets @ 0.9435 0.94 in extension. Alternative scenario: Above 0.957 look for further upside with 0.9665 0.9725...
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/CHF Technical Analysis– Prices declined as expected after putting in a Bearish Engulfing candlestick pattern, taking out support marked by arising trend line set from early...
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 found support at...
EUR/GBP Technical Analysis – Prices are bouncing from rising trend line support set from early May (0.8495), with a break downward exposing the recent range bottom...
NZD/USD Technical Analysis– Prices found support at a trend line set from August 2010 (now at 0.7753) and rebounded as expected. The bulls have now cleared...
GBP/JPY Technical Analysis– Prices broke below axis line support in play since February, a barrier reinforced by the 38.2% Fibonacci retracementat 149.53, to challenge the 50%...