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Pivot: 1.0125 Our Preference: Long position above 1.0125 with 1.0650 1.0800 in sight. Alternative Scenario: Below 1.0125 look for further decline to 0.9625. Comment: a key...
ASIA/EUROPE FOREX NEWS WRAP The US Dollar is a top performer so far this week, but the next few days are guaranteed to bring about volatility...
USD/CHF Technical Analysis – Prices are pulling back from resistance at 0.9313, a barrier marked by the 61.8% Fibonacci expansion and reinforced by a falling trend...
USD/CAD Technical Analysis – Prices broke resistance at a falling trend line set from the July 5 swing top, hinting a move higher is ahead. Near-term...
EUR/GBP Technical Analysis – Prices rebounded as expected after putting in a bullish Piercing Line candlestick pattern. The pair is now testing resistance at 0.8730, the...
NZD/USD Technical Analysis – Prices broke higher as expected. The pair has now pulled back through support at the 23.6% Fibonacci retracement (0.8006) to test a...
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/JPY Technical Analysis – Prices broke lower as expected after putting in a Bearish Engulfing candlestick pattern. Prices are testing support at 129.76, the 38.2% Fibonacci...
GBP/JPY Technical Analysis – Prices broke lower as expected after putting in a bearish Dark Cloud Cover candlestick pattern at the top of a rising channel...
AUD/USD Technical Analysis – Prices continue to trade sideways having taken out resistance at the top of a falling channel set from April. The first layer...