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US Dollar Technical Analysis– Prices recovered after putting in a Hammer candlestick above support in the 10424-28 area marked by the 23.6% Fibonacci retracement and the...
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...
EUR/JPY Technical Analysis– Prices are testing resistance at 130.05, the top of a Triangle chart pattern carved out since mid-April. A break above that targets the...
USD/CHF Technical Analysis– Prices are testing pivot resistance at 0.9379, with a break higher targeting a falling trend line at 0.9480. Support is in the 0.9246-58...
USD/CAD Technical Analysis– Prices are oscillating below resistance in the 1.0001-08 area marked by the April 11 close and the 23.6% Fibonacci retracement. Support is at...
NZD/USD Technical Analysis– Prices are consolidating above around the 0.85 figure. Near-term trend line resistance is at 0.8558, with a break above that targeting swing highs...
AUD/USD Technical Analysis– Prices are testing support at 1.0246, the 38.2% Fibonacci expansion. This barrier is reinforced by the bottom of a falling channel set from...
GBP/USD Technical Analysis – Prices confirmed a Shooting Star candlestick below resistance at the top of a rising channel with a bearish close on the following...
USD/JPY Technical Analysis– Prices are consolidating in a Triangle formation below the 100.00 figure. Near-term support is at 97.25, with a break below that exposing a...
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...