"EURUSD has been trending lower on the short-term time frames, with a potential retracement opportunity presenting itself on the 4-hour chart. Price previously broke below support around 1.0850-1.0900 before dipping close to the 1.0700 handle then pulling back.Using the Fibonacci retracement tool on the latest swing high and low shows that the 50-61.8% levels line up with the broken support zone. This might hold as resistance since it is also close ...
AUDUSD recently made a strong downside break from its ascending trend line connecting the recent lows on the 4-hour time frame. This suggests that a reversal is in order, after price completes its pullback to the broken support. The broken trend line coincides with the 61.8% Fibonacci retracement level on the latest swing high and low. If this keeps gains in check, price could resume its drop to the swing low at .7170 or much lower. ...
Encyclopedia of Chart Patterns by Thomas N. Bulkowski In this revised and expanded second edition of the bestselling Encyclopedia of Chart Patterns, Thomas Bulkowski updates the classic with new performance statistics for both bull and bear markets and 23 new patterns, including a second section devoted to ten event patterns. Bulkowski tells you how to trade the significant events -- such as quarterly earnings announcements, retail ...
Albert Edelfelt (1854-1905) Winter Day in Helsinki Market Square
News that Strengthen Cryptocurrency (XLIX) Greece Tightens Capital Control Laws The Greek authorities announced new measures to strengthen capital controls. According to the available reports, the new laws will be stricter for public servants and pensioners. By drastically limiting the withdrawal of cash and force using debit cards, authorities hope to stop tax evasion carried out through the use of “false cash registers.” ...
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