Today's Technicals

 
 
NZD/USD - Is There No Stopping This Pair?
Another positive day on this pair as we continue the bullish momentum heading towards my long-term target and monthly key level of 0.7100. Since the last rejection of 0.9600, the price has seen a strong bullish run where it broke out of the triang...
Posted 7 months ago
 
EURJPY:- How Much Further Can EJ Go!
EURJPY:- The pair has looked extremely bearish over the last couple of months after the significant fall in price back in February 2018.  Having made a multi-year high at 137.500 the price has fallen almost 1300 pips since then making a current...
Posted 7 months ago
 
NZD/USD - Set to Create another Higher-Low Before Bulls Run Riot
This pair has tested our patience since my long trade was given two weeks ago around the 0.6900 area. Since we managed to reject this level and show some bullish behaviour, we have seen the price has still been trapped in a type off consolidate zone ...
Posted 7 months ago
 
USD/JPY - Breaks Support, Where Will It Go Next?
Last week we saw this pair breach the important support of 109.00, falling to lows of 108.12, which was 12 pips away from our next support at 108.00. Though we managed to break these supports, towards the end of the week on Thursday and&nbs...
Posted 7 months ago
 
GBP/USD - We Seem To Be Rebounding After The Previous Few Weeks Of Negative data
Welcome to another new week in the markets! As we catch up with GBP/USD we seem to be rebounding after the previous few weeks of negative data and overall bearish bias. Technically we have hit a major support at 1.32500, looking back to October 2017 ...
Posted 7 months ago
 
AUD/USD - Can The RBA Interest Rate Decision Be The Catalyst For A Correction
AUDUSD: We have seen the currency pair make discrete higher highs and higher lows in recent weeks, with price, really struggling to maintain bearish momentum below the 0.7500 price point. On Wednesday the 30th of May we saw a large bullish candl...
Posted 7 months ago
 
GBP/JPY - Will The Bears Take Charge And Force GBPJPY Back Down To 150.00
GBPJPY experienced a rebound from the multi-month lows, breaking back above 145.00 providing a bullish weekly closure.  As the pair stalls at Daily resistance, we must consider the possibility of a price declining back into the 150.00 regions...
Posted 7 months ago
 
EUR/USD - Euro Remains Undecided Following Last Weeks Activity
Euro closed in an indecisive manner last week with lows of 1.1511 being tapped. Momentum is most definitely bearish and we saw last week's lows being reached once more over the coming few days.  My personal preference is to short the pair...
Posted 7 months ago
 
USD/CAD - Will USD/CAD Fall or Rise?
This pair has been on a roller coaster this past week with a significant drop on Wednesday, falling from the 1.30000 psychological level down to 1.28250 approaching our monthly zone. However, the very next day price spiked back to the upside on ...
Posted 7 months ago