Technical Articles

EUR/JPY Consolidation

 
Posted on 19/10/2017

EUR/JPY: 132.000! This level has held strong for the past 18 days with multiple attempts to break through it. Price has been unable to sustain any downside pressure that has attempted to break this level of support. We saw an extreme and rapid rise from 132.000 with the daily candle increasing 100+ pips to the upside engulfing the prior area of consolidation. The Daily closure of the candle retested the previous closure highs at 133.100 and has gone on to retest the daily area of resistance at 133.500. What to expect next? From a technical perspective, we could expect the price to continue to the upside. We have seen a series of H.H's and H.L's that we could ...

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GBP/USD to Re-vist 1.3000?...

Posted on 18/10/2017

GBPUSD:- We did, in fact, reach the suggested target region of 1.3100 and dipped slightly lower before retracing back to our Weekl....

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AUD/USD 0.7750 Holding Strong ...

Posted on 17/10/2017

AUDUSD:- As suggested price did in fact fall and reach our desired target region of 0.77500. This area has acted as a strong ....

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GBP/AUD Uptrend Intact....

Posted on 16/10/2017

GBP/AUD: Last week saw price drop 150 pips to the downside for a brief period of time before swiftly retesting 1.7000 again. ....

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GBP/JPY 147.500 Crucial Support ...

Posted on 12/10/2017

GBP/JPY: Since smashing through 150.000 we had a swift response in rejecting the multi-year highs at 152.900. We can currently see....

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EUR/USD ...

Posted on 13/10/2017

EUR/USD: Having made multi-year highs at 1.2094 price has fallen for the past 3 - 4 weeks making lows at the 1.1700 regions t....

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USD/CAD Price Stalling at 1.2500...

Posted on 16/10/2017

USD/CAD: Price has stalled and essentially moved sideways for the past 2 - 3 weeks with 1.2500 causing difficulty to main above or....

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