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Pivot: 1391.00 Our preference: LONG positions above 1391 with 1439 1473 as next targets. Alternative scenario: The downside penetration of 1391 will call for a slide...
Pivot: 87.80 Our preference: LONG positions above 87.8 with targets @ 89.4 90.6. Alternative scenario: The downside penetration of 87.8 will call for 86.6 85.9. Comment:...
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 edged above resistance at 10547, the 23.6% Fibonacci expansion to challenge the March 11 high at 10576. A break above that...
EUR/GBP Technical Analysis – Prices are testing support at 0.8545, the 23.6% Fibonacci expansion, with a break below that targeting the 38.2% mark at 0.8481. Near-term...
”Pair is showing a 5 wave impulsive drop from 1.0582 peak. Decline is lacking momentum as every new low is coming with divergence in RSI which...
GBP/JPY Technical Analysis– Prices are testing support at 150.08, the 23.6% Fibonacci retracement, with a break below that aiming for the 38.2% level at 147.74. Near-term...
EUR/JPY Technical Analysis– Prices are testing support at 128.28, the 23.6% Fibonacci retracement, with a break below that aiming for the 38.2% level at 126.53. Near-term...
USD/CAD Technical Analysis– Prices launched higher after showing a bullish Piercing Line candlestick pattern, taking out the 23.6% Fibonacci expansion at 1.0207 to expose the 38.2%...
USD/CHF Technical Analysis– Prices are pushing higher as expected after putting in a Bullish Engulfing candlestick pattern above the 0.92 figure. Buyers are aiming to challenge...