Today's Technicals

 
 
AUDUSD:- Retraces From The Highs Straight Into Daily Support
AUDUSD:- Recapping on the previous Australian Dollar article, the price has played out to perfection after rejection the Weekly highs of 0.72250 and pulling back precisely into the daily support region. With multiple higher time frame analysis, we ma...
Posted 3 days ago
 
EUR/USD  - DRIVE THREE INTO BULLS.
GOOD MORNING TRADERS.  Another successful piece of analysis over on the GBP/AUD with the market coming within 1 PIP away from 1.8000!  I was watching EUR yesterday for a potential trade setup but there was nothing until maybe just now...
Posted 3 days ago
 
EURAUD:- Rejection Off Major Support
EURAUD:- The pair has trickled down to a Major Key Level of support 1.5800 after 2 weeks of serious selling pressure. The weekly timeframe suggests that there is still a lot more bearish pressure to come in the next few weeks and months, howeve...
Posted 4 days ago
 
GBP/USD - How will the Brexit deal being rejected affected the pound?
GBP/USD - How will the Brexit deal being rejected affect the pound?   The largest defeat suffered by any government ever, that's right ever!! Last night parliamentarians voted down the EU Brexit deal, helping rally the pound against th...
Posted 4 days ago
 
GBP/AUD LIQUIDITY FILL -ARE WE READY TO SEE 1.8000?
A bit of a late one here guys as I was monitoring Brexit talks and other pound fundamentals before checking over this chart. EUR/USD melted to 1.1400 today which was an epic start to the week! It appears that once again the price was dumped into t...
Posted 5 days ago
 
EUR/USD DAILY REVERSAL FROM 1.1550
Happy Monday everybody. GBP/JPY served us exceptionally well towards the end of last week. Let's see if we can get a few more successes under our belt.  So, here we have the EUR/USD H1 timeframe. I am switching up the weekly bias to a ...
Posted 6 days ago
 
AUDUSD:- Reaches Critical Resistance, Are We Ready To Break?
AUDUSD:- another strong week from the Australian Dollar as it seeks to recover from last years freefall decline into lows that previously hadn't seen since 2009. The previous 2 weeks have now indicated that there may be some upside momentum ...
Posted 6 days ago
 
USD/JPY: Will We Break 108.00 Weekly Support?
Previous Post: "Short term, we do have a 4 Hour trend line that will come into play and act as resistance around the 109.000 region. This area will be key as to whether this pair can push higher to meet the monthly resistance at 110.00 or rej...
Posted 6 days ago
 
GBP/JPY - MY LONG LOST LOVE! 138.90, SEE YOU THERE.
Good afternoon peeps. An excellent result on the EUR/USD move! It's been a few months now since I posted my views on the GBP/JPY, So here we are once again with a fresh piece of analysis that can hopefully assist with a profitable trade. ...
Posted 1 week ago
 
DXY: Bears Continue To Drive The Dollar Lower, Expecting 95.50
The US Dollar Index appears to be playing out as expected with regards to last weeks technical analysis. Last Thursday we saw another nice rejection of the Bearish trend line to send DXY tumbling below the 96.00 support floor. We have since had a ret...
Posted 1 week ago
 
EURUSD FURTHER UPSIDE !
Last weeks, 'return to EFX article' which covered EUR/USD was a success.  The EUR accelerated up to the levels: 1.1430 & 1.1450 as buyers stepped in to allow strong day closures towards the end of last week. Yesterday, the pair sp...
Posted 1 week ago
 
AUDUSD:- Are We Going To See A Full Reversal
AUDUSD:- this pair certainly caught my eye this week. The weekly candlestick closing so positively after the flash crash scenario and making a full hammer reversal formation. I do believe this was a final liquidity push from the major ...
Posted 1 week ago