Connect with us
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 broke support at 0.8270, the 100% Fibonacci expansion, exposing the 123.6% level at 0.8195. A further break below that targets the 138.2%...
AUD/USD Technical Analysis– Prices broke support at the bottom of a multi-month range in the 1.0163-81 area, a barrier reinforced by the 61.8% Fibonacci expansion at...
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...
USD/JPY Technical Analysis– Prices broke above resistance at 101.42, the 76.4% Fibonacci expansion, clearing the way for a move to challenge the 100% level at 103.16....
EUR/USD Technical Analysis– Prices are testing support at 1.2953, the April 24 low, with a break lower targeting the 38.2% Fibonacci expansion at 1.2873. A further...
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...
ASIA/EUROPE FOREX NEWS WRAP The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) has exploded to fresh yearly highs, and its highest level since July 2010, as...
Pivot: 1 Our preference: Short positions below 1 with targets @ 0.9885 0.983 in extension. Alternative scenario: Above 1 look for further upside with 1.004 1.0095...
Pivot: 1.2960. Our preference: LONG positions above 1.296 with 1.306 1.311 as next targets. Alternative scenario: The downside penetration of 1.296 will call for a slide...