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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: 1.312 Our preference: Short positions below 1.312 with targets @ 1.303 1.2995 in extension. Alternative scenario: Above 1.312 look for further upside with 1.316 1.319...
US Dollar Technical Analysis– Prices recoiled from resistance below the 23.6% Fibonacci expansion at 10547, slipping back below the 14.6% level at 10487 and exposing a...
EUR/GBP Technical Analysis – Prices broke resistance at 0.8500, the 23.6% Fibonacci retracement, exposing the 38.2% level at 0.8556. A further push above that eyes the...
GBP/JPY Technical Analysis– Prices are testing resistance at 152.44, the 150% Fibonacci expansion. A break above that initially eyes the 161.8% mark at 153.39. Near-term support...
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...
EUR/JPY Technical Analysis– Prices are testing resistance at 130.11, the 150% Fibonacci expansion. A break above that eyes the 161.8% level at 130.97. Near-term support is...
USD/CAD Technical Analysis– Prices are testing resistance at 1.0174, the 23.6% Fibonacci retracement. A break above that eyes falling channel resistance at 1.0224. Channel support is...
NZD/USD Technical Analysis– Prices are testing resistance at 0.8544, the 61.8% Fibonacci expansion, with a break below that targeting the 76.4% level at 0.8634. Near-term support...
AUD/USD Technical Analysis– Prices are testing above resistance at 10493, the 38.2% Fibonacci expansion. A break above that targets the 50% level at 1.0539. Near-term support...