EUR/USD Technical Analysis– Prices are pulling back from support at a rising trend line set from the March 27 low to test the 38.2% Fibonacci expansion...
AUD/USD Technical Strategy: Flat Prices are testing support at 1.0246, the 38.2% Fibonacci expansion. A break downward confirmed on a daily closing basis exposes the 50%...
EUR/USD Technical Strategy: Long at 1.2934, Targeting Above 1.3201 Floating Profit / Loss: +198 pips We entered long EURUSD at 1.2934. Prices are pulling up from...
NZD/USD Technical Strategy: Flat Prices are consolidating above around the 0.85 figure. Near-term trend line resistance is at 0.8565, with a break above that targeting swing...
USD/CAD Technical Strategy: Flat Prices are testing support in the 1.0061-1.0101 area. A break below this boundary exposes a rising trend line at 0.9991. Resistance is...
USD/JPY Technical Strategy: Flat Prices are consolidating in a Triangle formation below the 100.00 figure. Near-term support is at 97.18, with a break below that exposing...
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: 1.024 Our preference: Long positions above 1.024 with targets @ 1.0285 1.03 in extension. Alternative scenario: Below 1.024 look for further downside with 1.022 1.0195...
Pivot: 0.848 Our preference: Long positions above 0.848 with targets @ 0.8535 0.856 in extension. Alternative scenario: Below 0.848 look for further downside with 0.8455 0.8435...
Pivot: 24.05 Our preference: SHORT positions below 24.05 with 23.05 22.6 as next targets. Alternative scenario: The upside penetration of 24.05 will call for a rebound...