Pivot: 154.95 Our preference: Long positions above 154.95 with targets @ 157 158 in extension. Alternative scenario: Below 154.95 look for further downside with 154.1 153.2...
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...
Pivot: 0.846 Our preference: Short positions below 0.846 with targets @ 0.8415 0.84 in extension. Alternative scenario: Above 0.846 look for further upside with 0.849 0.851...
Pivot: 1.0150 Our Preference: SHORT position below 1.038 with 0.985 0.958 in sight. Alternative Scenario: Above 1.038 look for further upside to 1.062. Comment: the RSI...
Article summary: The impressive US Dollar breakout looks like the real deal. Here’s how we’d like to trade the Greenback against the Yen, Euro, Australian Dollar,...
US Dollar Technical Analysis– Prices broke above resistance at the top of a rising channel set from early March, exposing the 123.6% Fibonacci expansion at 10640....
ASIA/EUROPE FOREX NEWS WRAP The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) is in the midst of one of its best upswings of the year, gaining...
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...
EUR/GBP Technical Analysis – Prices appear to be carving out a Triangle chart formation, which may be broadly indicative of bullish continuation (although confirmation is required...
GBP/JPY Technical Analysis– Prices are approaching resistance at 156.72, the 50% Fibonacci expansion. A break above that aims for the 100% level at 159.90. Near-term support...