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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...
GBP/JPY Technical Analysis– Prices are inching lower as expected after putting in a Bearish Engulfing candlestick pattern below resistance at 153.85, the April 11 swing high....
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 support at 127.70, marked by the February 6 high and the bottom of a Triangle chart pattern carved out since...
USD/CHF Technical Analysis– Prices pulled back as expected after putting in a Shooting Star candlestick. Sellers are now testing support at 0.9275, the 61.8% Fibonacci expansion,...
AUD/USD Technical Analysis– Prices broke above resistance at 1.0330, the 23.6% Fibonacci expansion, eyeing the 38.2% level at 1.0399. A further push above that exposes the...
NZD/USD Technical Analysis– Prices narrowly edged above resistance at 0.8556, the 38.2% Fibonacci expansion, exposing the 50% level at 0.8617. A further break above that aims...
USD/CAD Technical Analysis– Prices broke support at in the 1.0095-99 area, marked by the 76.4% Fibonacci expansion and the January 25 swing high. Sellers now target...
GBP/USD Technical Analysis – Prices are testing resistance at the top of a rising channel set from mid-March (1.5562), a barrier reinforced by the 50% Fibonacci...
USD/JPY Technical Analysis– Prices recoiled from resistance below the 100.00 figure to test support at 97.79, the 23.6% Fibonacci retracement. A break below this barrier initially...