Connect with us
USD/CAD Technical Analysis– Prices advanced as expected after putting in a bullish Morning Star candlestick pattern above support at a rising trend line set from mid-September...
USD/CHF Technical Analysis– Prices broke above resistance at 0.9539, the 100% Fibonacci expansion, exposing the 123.6% level at 0.9608. A further push above that eyes the...
EUR/JPY Technical Analysis– Prices are testing resistance at 132.35, the 61.8% Fibonacci expansion. A break above that targets the 76.4% level at 134.10. Near-term support is...
AUD/USD Technical Analysis– Prices broke support at the bottom of a multi-month range in the 1.0163-81 area, a barrier reinforced by the 61.8% Fibonacci expansion at...
GBP/USD Technical Analysis – Prices declined as expected after putting in a Shooting Star candlestick below resistance at the top of a rising channel set from...
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/USD Technical Analysis– Prices are testing support at 1.2953, the April 24 low, with a break lower targeting the 38.2% Fibonacci expansion at 1.2873. A further...
USD/JPY Technical Analysis– Prices broke above resistance at 101.42, the 76.4% Fibonacci expansion, clearing the way for a move to challenge the 100% level at 103.16....
ASIA/EUROPE FOREX NEWS WRAP The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) has exploded to fresh yearly highs, and its highest level since July 2010, as...
THE TAKEAWAY: The US Dollar found interim resistance having touched the highest level in nearly three years while the SP 500 continues to consolidate. US DOLLAR...