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ASIA/EUROPE FOREX NEWS WRAP The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) is in the midst of its sixth consecutive day of declines ahead of the...
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 inching lower as expected after putting in a Bearish Engulfing candlestick pattern below resistance at 153.85, the April 11 swing high....
USD/CHF Technical Analysis– Prices pulled back as expected after putting in a Shooting Star candlestick. Sellers are now testing support at 0.9275, the 61.8% Fibonacci expansion,...
EUR/JPY Technical Analysis– Prices are testing support at 127.70, marked by the February 6 high and the bottom of a Triangle chart pattern carved out since...
USD/CAD Technical Analysis– Prices broke support at in the 1.0095-99 area, marked by the 76.4% Fibonacci expansion and the January 25 swing high. Sellers now target...
NZD/USD Technical Analysis– Prices narrowly edged above resistance at 0.8556, the 38.2% Fibonacci expansion, exposing the 50% level at 0.8617. A further break above that aims...
AUD/USD Technical Analysis– Prices broke above resistance at 1.0330, the 23.6% Fibonacci expansion, eyeing the 38.2% level at 1.0399. A further push above that exposes the...
USD/JPY Technical Analysis– Prices recoiled from resistance below the 100.00 figure to test support at 97.79, the 23.6% Fibonacci retracement. A break below this barrier initially...