Today's Technicals

 
 
USD/JPY: Continue To 113.00 Or Pullback?
Since our last post on this pair, where we stated our long bias and upside targets of 112.30 and longer term 113.00, we have seen a steady rise on this pair, moving just over 100 PIPs higher to reach a high of the week so far of 112.87. At this level...
Posted 1 day ago
 
GBP/JPY Bull Run Fulfilled. Down We Go
Okay so... it's been a while since my last GJ article, with the last one being quite a success. 149.72 holds as strong resistance with the pair now breaking the highlighted H4 consolidation zone (to the downside)... Meaning a reversal is ...
Posted 1 day ago
 
USD/CAD In For Another Fall?
Starting off guys on the daily time frame we can see this pair has spent a lot of time trapped within a few areas of consolidation. That range starting at the top of 1.32500 down to 1.29000, which is currently on the spotlight as this break could mak...
Posted 2 days ago
 
EUR/USD short setup from 1.1725 Weekly resistance.
Last week the EUR followed through with a decent bull run after the most recent article explaining structure and price action which was favoured to follow at that time.  The pair currently sits just below the weekly resistance barrier: 1...
Posted 4 days ago
 
GBP/USD: Things Looking Positive For The Pound?
Sterling traders that have been holding their long positions could be in for a nice surprise if this run continues. Following up from last week, we saw GBP/USD attempt to try and break the 1.3000 resistance, unfortunately, leading to a failed attempt...
Posted 5 days ago
 
USD/JPY: Time For A Breakthrough?
Good morning trader's and welcome to a new week on Everythingfx We saw a strong week on this pair last week as we can see on the weekly chart we finished on a bullish engulfing candlestick, where we managed to break through the resistance barr...
Posted 5 days ago
 
146.87 - The projected Target for GBP/JPY upside breakout.
The current consolidation range displayed.. which spreads 55 PIPs from top to bottom is the most important technical factor to remain focused upon at the moment for GBP/JPY. Recently the pair broke back above the 145.00 monthly resistance level wh...
Posted 1 week ago
 
EURO Expecting a bullish breakout...
There are some interesting levels in which the EUR/USD is respecting at the moment as it seeks out the next medium-term direction for the last quarter of the year. The lower zone: 1.1540 holds huge significance this week as the solidity could assi...
Posted 1 week ago
 
AUDUSD:- Weekly Close's out extremely weak
AUDUSD:- The pair continues to fall without any form of serious correction in site. We have broken the long-term ascending trendline in April and taken all previous Higher Low swing points. What we can see is the previous significant Low at 0.68...
Posted 1 week ago
 
USD/JPY: About To Break One Way Or The Other
As this pair has now approached a crucial level, it's only right we update everyone on the possible outcomes. So far this week we have seen this pair push higher, initially starting the week of below 110.00 and hitting a high of 111.75. Once a...
Posted 2 weeks ago
 
EUR/USD: Edging Higher Despite German Data Miss
This morning we are seeing EUR/USD pressing higher into the mid 1.1600's, and while this is a little early to call a potential recovery in play, does look to be part of a general reining in of USD longs.  On Tuesday, we saw some very st...
Posted 2 weeks ago
 
NZD/USD: Where to next?
Following on from my last two posts on this pair where I explained the reasoning behind taking a short trade from the 0.6700 resistance and monthly key level, we have now fallen around 150 PIPs to the downside and have met the support level of 0.6545...
Posted 2 weeks ago