Today's Technicals

 
 
GBP/USD some more bad news
Currently trading at 1.28500, the British pound took further weakness yesterday due to poor GDP growth, lagging behind market consensus of 0.3% to 0.2%.  This important data sent pushed GBP/USD to the downside 60+ pips, as we now await commen...
Posted 2 days ago
 
GBP/JPY: Magnetising around all important 142.500
Hi Traders and welcome back to EverythingFX! GBP this morning is trading steadily against the Japanese Yen at 142.485 midway through today's London Session. Taking a look at the daily timeframe, we can see the price is very undecided a...
Posted 2 days ago
 
EUR/CAD: Awaiting The Break, Route To 1.4900
EURCAD overall on the higher time frame suggests a lot of room for the pair to drop as the Monthly shows a lower-high has formed clarifying a trend change. We could see the Euro devalue significantly against the Canadian Dollar this year.  Th...
Posted 4 days ago
 
GBP/USD: BoE Comments Today May Allow Bears To Run Wild
GBP/USD some more bad news… Currently trading at 1.28500, the British pound took further weakness yesterday due to poor GDP growth, lagging behind market consensus of 0.3% to 0.2%.  This important data sent pushed GBP/USD to the dow...
Posted 4 days ago
 
NZD/USD: On The Road To 0.6700
Hi Traders and welcome to a new week on EverythingFX.  Our members had a great result with our USDJPY long trade given this morning achieving 40-50 PIPs profits so far and I am now currently watching NZDUSD at this very interesting area. ...
Posted 5 days ago
 
GOLD: Bulls To Pullback To $1309 Before Crashing To $1300
Good afternoon traders! I hope you all had a great weekend and are now ready to get off to another great week in the markets! Today we're going to look at Gold and see where price is going next! To begin, it's crucial that we take into acc...
Posted 5 days ago
 
USD/JPY: Ready to Explode, Higher or Lower?
Good Afternoon Traders, Currently, on USDJPY we are at a very crucial point, where we can see the price is being compressed within the triangle formation show on my chart, ready for a massive explosion.  At the start of this week, we saw t...
Posted 1 week ago
 
GBP/JPY Pullback into heavy SELLOFF.
Hello! It has been a while since I looked at and posted my thoughts on the GBP/JPY pair so here we go! Last weeks price action was jammed between a range measuring 260 PIPs and the Daily T.F shows clear signs of 'potential bearish momentum&...
Posted 1 week ago
 
GBP/USD SELL OFF!
It seems like Theresa May’s visit to Belfast is already hurting the British Pound. The latest set of talks is expected to last two days.  These talks were in hope of generating a Brexit backup plan for the current deadlock.&nb...
Posted 1 week ago
 
DXY: Short, short and short
This week has proved relatively quiet so far for the FX market, this, however, is likely to be the calm before the storm as the major economic events unfold across the globe later on in the week. The U.S. Dollar Index still hovers range bound at the ...
Posted 2 weeks ago
 
USD/JPY: Range Bound, Pending a Break, But Which Direction?
Good afternoon trader's,  Over the past week, we have not seen any big moves on this pair as we find ourselves currently range-bound between the 109.00 daily support level and the 110.00 key monthly resistance level. Since my last update ...
Posted 2 weeks ago
 
USD/CAD: Will it break the weekly support zone?
It has been a choppy two weeks of price action for this pair since breaking below the 1.34000 monthly support. Last week we watched price attempt a reversal back towards 1.34000, however not having enough momentum to break, allowing the price to...
Posted 2 weeks ago