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USD/JPY Technical Analysis– Prices declined as expected after putting in a Bearish Engulfing candlestick pattern. The pair is now testing below support at 100.68, the 23.6%...
AUD/USD Technical Analysis– Prices are stalling above support in the 0.9580-84 region, the intersection of the June 1 2012 low and the 38.2% Fibonacci expansion, with...
EUR/USD Technical Analysis– Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern. The pair is now recoiling from resistance at a falling trend...
GBP/USD Technical Analysis – Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern and clearing falling trend line resistance set from early May....
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...
US Dollar Technical Analysis– Prices moved lower as expected, with prices taking out support at the 23.6% Fibonacci retracement (10764) after completing a Bearish Engulfing candlestick...
Pivot: 0.9655 Our preference: Short positions below 0.9655 with targets @ 0.958 0.953 in extension. Alternative scenario: Above 0.9655 look for further upside with 0.9695 0.9735...
Pivot: 100.55. Our preference: LONG positions above 100.55 with targets @ 101.8 102.2. Alternative scenario: The downside penetration of 100.55 will call for 100.1 99.7. Comment:...
Pivot: 0.9600. Our preference: SHORT positions below 0.96 with 0.951 0.9465 as next targets. Alternative scenario: The upside penetration of 0.96 will call for 0.966 0.9705....
Pivot: 0.804 Our preference: Long positions above 0.804 with targets @ 0.812 0.814 in extension. Alternative scenario: Below 0.804 look for further downside with 0.8005 0.796...