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USD/CHF Technical Analysis– Prices put in a bearish Dark Cloud Cover candlestick pattern hinting a move lower is ahead. Initial support is at 0.9630, the 23.6%...
USD/CAD Technical Analysis– Prices advanced as expected after putting in a bullish Morning Star candlestick pattern above support at a rising trend line set from mid-September...
NZD/USD Technical Analysis– Prices put in a Bullish Engulfing candlestick pattern, hinting a move higher is ahead. Initial resistance is at 0.8184, the 23.6% Fibonacci retracement,...
AUD/USD Technical Analysis– Prices put in a bullish Piercing Line candlestick pattern, hinting at gains ahead. Initial resistance is at 0.9809, the 14.6% Fibonacci retracement, with...
GBP/USD Technical Analysis – Prices declined as expected after putting in a Shooting Star candlestick below resistance at the top of a rising channel set from...
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/JPY Technical Analysis– Prices put in a Bearish Engulfing candlestick pattern below resistance at 103.16, the 100% Fibonacci expansion, hinting a move lower is ahead. Near-term...
EUR/USD Technical Analysis– Prices rose as expected after putting in a Bullish Engulfing candlestick pattern. Near-term resistance is at 1.2966, the 38.2% Fibonacci retracement, with a...
Pivot: 132.35 Our preference: Long positions above 132.35 with targets @ 133.2 133.5 in extension. Alternative scenario: Below 132.35 look for further downside with 131.9 131.6...
Pivot: 1359.00 Our preference: LONG positions above 1359 with 1401 1419 as next targets. Alternative scenario: The downside penetration of 1359 will call for 1336 1322....