Today's Technicals

 
 
EURJPY:- Threatens To Break Out!
EURJPY:- for the last 5 days we have seen price move sideways as the supportive region of 129.300 has held strong. There have been multiple attempts to break the range high of 130.500 however, price failed to maintain the strength necessary...
Posted 3 hours ago
 
EUR/USD: Continue The Upside Flow - 1.1650 Target
Hello Traders.  Already we are halfway through the month of October! Markets have been relatively decent for the past 6 weeks, so let's see what we can do on the charts for the week ahead.  EUR currently holds steady at the daily ...
Posted 20 hours ago
 
EURAUD:- Struggling To Break Multi Year Highs
EURAUD:- The monthly candle closure is extremely bearish having run itself into multi years highs of 1.63500 and rejecting, forming a potential longer-term bias of downside pressure. Price can be seen attempting the highs again and a pullback ma...
Posted 1 day ago
 
AUDUSD:- Bulls Are Trying To Take Control
AUDUSD:- We have seen the week remain relatively low in volatility as the pair finds a floor at 0.70500 having made a new lower low. The Question is, where next for the Australian Dollar. The currency it self-remains fairly weak, however, due to U...
Posted 4 days ago
 
USD/JPY: Break Of 112.0 Due Soon
Since our short trade on this pair last week explained to our members and shown on my Instagram account (@bd_fx) from the level of 114.50, we have now fallen 250 PIPs and hitting my target at the weekly support of 112.000! On our journey to this l...
Posted 5 days ago
 
DXY: What Is Happening To the USD?
The second Monday of October in the United States marks the legal holiday 'Columbus Day', commemorating Christopher Columbus' first voyage to the Americas in 1492. This day poses significance for traders as the US Bond markets are closed,...
Posted 1 week ago
 
EURJPY:- Awaiting On A Range Break Out
EURJPY:- after falling over 200 pips the pair has reached a major barrier of support at 130.000. This could be a stop off point for the pair in which we determine the next leg of the journey. As suggested in our previous post of EurJpy that a deeper ...
Posted 1 week ago
 
EURO upside expected: 1.1550 Pullback.
Good morning. A new week is upon us! EUR/USD has printed the lows at 1.1460,...10 Pips away from last weeks projected short target from my last EURO article. So what's next? Well, I read a pullback... A bull leg into the 1.1550 area which m...
Posted 1 week ago
 
GBPAUD:- Over Extended or Just The Beginning
GBPAUD:- Reaching the upper boundary of 1.8500 we have seen multiple rejections this year already. The pair is notorious for being a volatile mover and this level could determine whether or not this is the beginning of a new leg to the upside with ex...
Posted 1 week ago
 
AUDUSD:- Targets Smashed Before NFP!
AUDUSD:- Once again targets get smashed from our previous post a few days ago. The Clean daily break and closure below 0.7200. was the determining factor before rolling over and wiping out all previous swing points on its way to form a new low at the...
Posted 1 week ago
 
DXY: Retesting Before Going Higher?
Following on from my article Tuesday, the US Dollar seems to be moving exactly as anticipated. On Wednesday price broke through our 95.50 level of resistance for the first time since early August and managed a strong Daily candlestick cl...
Posted 1 week ago
 
EURJPY:- Breaking Back Below 132.000
EURJPY:- An opportunity arising on EurJpy as the pair breaks back below 132.000. We have seen fresh monthly highs printed as the price surged into the major resistance zone of 133.100 before swiftly falling back into the Daily Support of 130.800. ...
Posted 1 week ago