Today's Technicals

 
 
USD/JPY - Another Choppy Day, Where To Next?
Another choppy day for this pair yesterday as we saw the daily candle close very little from where price opened, forming a daily Doji candlestick, indicating some indecision between buyers and sellers. Today we had a small push higher&nb...
Posted 10 months ago
 
GBPAUD:- Monthly Level Remains Critical For Weekly Closure
GBPAUD:- The pair in recent weeks has seen rapid outbursts of movement followed by long periods of choppy price action. After being stuck in consolidation for most of June and July the pair has started to create lower highs and lower lows, ...
Posted 10 months ago
 
NZD/USD: Have We Finally Found Support?
It seems we may have found some support on this pair after the fast sell-off we saw last week and the beginning of this week. Yesterday price action printed a "Pin bar" style candlestick showing some rejection and that we may have found a b...
Posted 10 months ago
 
AUDUSD: Major Support Levels Achieved, Time For Some Recovery?
AUDUSD: We have seen the pair from recent analysis continue the decline to our suggested targets 0.7225 and 0.7200. These are extreme levels of support that may provide some stability and a base point for the Australian dollar to confirm a Lower...
Posted 10 months ago
 
USD/JPY: Another Day, Another Change In Direction
One thing is for certain on this pair at the moment, it's definitely not the market for swing traders. Day by day we see the price change direction just when it starts to make promising signs that we may have found a trend we can stick to.  ...
Posted 10 months ago
 
GBP/USD Can We Rule Our Further Decline? Possibly Not
As we watch this pair continue to collapse, we now trade at fresh 2018 lows with price almost breaking 15-month lows. Currently trying to hold stable at 1.27200, the price is floating near our weekly key level at 1.27500 that was previously ment...
Posted 10 months ago
 
EUR/AUD: Looks For A New Leg To The Downside
EURAUD: After breaking the consolidation range and falling to the downside the pair struggled to see the continuation that traders were expecting. The price stalled above 1.5600 for 5 days creating that slow down in market moment and indeci...
Posted 10 months ago
 
EURJPY - A Brief Relief After A Crushing Decline
EURJPY: The pair fell 333 PIPs in the previous week breaking through major support levels on its way towards 126.000 and 125.100, where it was met by a previous strong area of demand for the pair. This level may well see price form a correction&...
Posted 10 months ago
 
EUR/USD Plummets through 1.1450 - Retest & Lower!
An almighty dive exactly as expected late last week for the EUR/USD as the long-awaited 1.1450 Floor was met and broken! Simple price action following through from the prior weekly close with yet another bearish formed weekly closure indicati...
Posted 10 months ago
 
USD/JPY - Next Couple Of Hours To Decide Its Fate
Good morning trader's and welcome to a new week on EverythingFX  The beginning of this week saw some very strange price action as on the market open, we saw various different pairs had opened with a gap which included the Japanese Yen pai...
Posted 10 months ago
 
AUDUSD: Australian Dollar Melts During the Asian Session
AUSDUSD: We saw the pair rally back into the resistance highs this week to finally have a trade set up worthy of conviction! After rejecting and stalling at the 0.7440 level once again, the pair followed through on Thursday with some extremely b...
Posted 10 months ago
 
EURJPY:- 128.500 Acting As Minor Support On A Heavily Bearish Market
EURJPY:- From our previous post we have seen the price revisit the 129.250 level that acted as such a strong support for the pair now turned into resistance. A rapid Decline after retesting that region saw us once again be supported by the 128.5...
Posted 10 months ago