EURUSD – Forex trading crowds have sold aggressively into the Euro rally against the US Dollar (ticker: USDOLLAR), and our contrarian trading systems have done well...
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 Australian, Canadian, and New Zealand Dollars continued their streak of outperformance against their major counterparts in the overnight session on Thursday,...
US Dollar Technical Analysis– Prices recoiled from resistance below the 23.6% Fibonacci expansion at 10547. Falling channel resistance-turned-support is at 10433, with a push beneath that...
USD/CHF Technical Analysis– Prices continue to push lower after putting in a Dark Cloud Cover candlestick pattern below trend line support-turned-resistance. Sellers took out support at...
USD/CAD Technical Analysis– Prices are testing below falling channel support, eyeing the 38.2% Fibonacci retracementat 1.0070. A break below that targets the 50% level at 0.9986....
NZD/USD Technical Analysis– Prices are testing resistance at 0.8634, the 76.4% Fibonacci expansion, with a break below that targeting the 100% level at 0.8780. Near-term support...
GBP/USD Technical Analysis – Prices are testing resistance at 1.5354, the 50% Fibonacci retracement, with a break above that targeting the 61.8% level at 1.5478. Near-term...
AUD/USD Technical Analysis– Prices are testing resistance in the 1.0584-97 area, marked by the 61.8% Fibonacci expansion and a multi-month range top. A break above that...
USD/JPY Technical Analysis– Prices broke resistance at 98.42, the 100% Fibonacci extension, exposing the 123.6% level at 99.80. A further push above that eyes the 138.2%...