Pivot: 93.65 Our preference: Short positions below 93.65 with targets @ 92.5 92.2 in extension. Alternative scenario: Above 93.65 look for further upside with 93.85 94.4...
US Dollar Technical Analysis– Prices bounced from support at 10420, the 23.6% Fibonacci retracement, to test falling trend line resistance at 10461. A break above that...
EUR/GBP Technical Analysis – Prices are testing resistance at 0.8500, the 23.6% Fibonacci retracement. A break above that exposes the 38.2% level at 0.8556. Near-term support...
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: 1.0050 Our Preference: Long position above1.0050 with 1.0340 1.0450 in sight. Alternative Scenario: Below 1.0050 look for further downside to 0.9805. Comment: the pair is...
Pivot: 1.3310 Our Preference: SHORT position below 1.3310 with 1.2650 1.25 in sight. Alternative Scenario: Above 1.3310 up move to 1.35 1.3710. Comment: the pair has...
Pivot: 90.20 Our Preference: LONG position above 90.2 with 96.65 99 in sight. Alternative Scenario: Below 90.2 down move to 87.5 84. Comment: the pair has...
Pivot: 1.5400 Our preference: SHORT position below 1.54 with targets at 1.48 or even 1.4435. Alternative scenario: A break above 1.54 would call for further upside...
Pivot: 0.9270 Our preference: Up move expected towards 0.9590 0.9750. Alternative scenario: A downside breakout of 0.9270 would call for further weakness to 0.9150. Comment: the...
Pivot: 118.50 Our Preference: LONG position above 118.50 with 127.5 134 in sight. Alternative Scenario: Below 118.5 down move to 114.65 111.25. Comment: the pair has...