Technical Articles

GBPJPY:- Deadly Weekly Closure

 
Updated 17 hours ago

GBPJPY:- A deadly weekly closure from GbpJpy as the GBP strength is looking at entering a slight rest phase across the board having made highs at 156.650 and rejected our monthly resistance zone of 155.000 having not traded at these levels since June 2016.
Last week saw a rapid decline in price after Monday's bullish candle retested the daily resistance zone of 153.775 and proceeded to fall 300+ pips to the downside. We currently sit at a potential inner trendline with price resting on a 3rd touch which will either break of bounce from this price region. The weekly closure ended up forming a reversal formation from our favoured Fibonacci region and therefore we...

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USDCAD:- The Rise and The Fall ...

Updated 21 hours ago

USDCAD:- From our previous analysis price did, in fact, break to the downside reaching previously suggested levels, however, ....

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EURUSD:- 14 Weeks Consolidation ...

Updated 21 hours ago

EURUSD:- Having left the pair alone for a sustained period of time on purpose to allow breathing room and directional bias, I....

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EURJPY:- Breaking 132.000...

Updated 5 days ago

EURJPY:- It seems as though the range low of 130.000 came out on top as the favoured bearish bias was blown away by a reversal for....

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NZDUSD:- Range Boundary To Be Broken...

Updated 5 days ago

NZDUSD:- There is currently no stopping the 0.7200 support zone as once again we saw a rejection from this region and price has pu....

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GBPAUD:- Multi Year Highs...

Updated 5 days ago

GBPAUD:- Having broken past 1.8000 with no retracement insight the GBP went onto reach 1.8500 against the Australian dollar. ....

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AUDUSD:- It's That Time Again...

Updated 1 week ago

AUDUSD:- We saw the pair make its way to the suggested support zone of 0.7650 a favoured region for the pair. This comes in alignm....

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USDJPY:- 106.000 Holds The Key...

Updated 2 weeks ago

USDJPY:- In a current market providing choppy and indecisive behaviour we find our major JPY pairs in zones of consolidation ....

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AUDJPY:- A New Opportunity Arises ...

Updated 2 weeks ago

AUDJPY:- The rejection from 84.000 did occur and the 200 pip decline was achieved as the pair went on to make a new low at 80.500 ....

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GBPUSD:- Rebounding From Fresh Highs...

Updated 3 weeks ago

GBPUSD: After the frenzy of Wednesday the 21st of March we saw the GBP drive itself higher from breaking the 1.4000 level, eq....

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GBPJPY:- 150.000 A Critical Barrier ...

Updated 3 weeks ago

GBPJPY:- The pair has seen a rapid surge in price back towards the major barrier of 150.000. From this level, we will either see p....

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USDCAD:- Resting or Rejecting ...

Updated 4 weeks ago

USDCAD:- maintained its self above the 1.2800 level and therefore never presented us with the opportunity to short the pair. The w....

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EURUSD:- Final Level Before A Collapse ...

Updated 4 weeks ago

EURUSD:- from our previous post the analysis has played out fantastically, with the retest of the monthly level of resistance....

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