Today's Technicals

 
 
GBP/AUD RETRACEMENT COULD SETUP THE BIG SHORT.
The word for the week is: INITIATIVE. Why so?... Simply because the market state can change at any given hour and we must be able to adapt & REACT, rather than be married and drown... Last Friday's GBP/AUD article was aimed towards capt...
Posted 1 week ago
 
USD/JPY: Where To Next Following The Japanese Yen Flash Crash
Good morning traders and Happy New year! For many today will be the first day back at work after the Christmas holidays which also means most retail, hedge fund, bank and institutional traders will all be back at their desks, ready to trade, ...
Posted 2 weeks ago
 
EURNZD:- Price Remains In Daily Ranges
EURNZD:- In recent weeks price has accelerated 700 pips back into the resistance zone of 1.71180 but has now stalled for 5 days in consolidation in forming spinning tops, creating indecisive behaviour. This is typical having potentially now form...
Posted 2 weeks ago
 
GBP/AUD - REJECTING 1.8000 AGAIN? UPSIDE TP: 1.8150.
A Bit of a late one... however, I have been stalking the P.A for the latter part of the day with this pair rejecting 1.8000 once again. Is G.A ready for an upside boost? Perhaps... H4 & H1 align nicely for a decent R/R trade - 1.8150 being ...
Posted 2 weeks ago
 
EUR BUYERS ARE READY TO STEP IN.
Hey friends, I trust all is well, and everybody is excited to power straight into 2019! It's been a while since I have knuckled down with some serious trading & chartwork due to recent travels to India & Thailand! I had a pretty laid b...
Posted 2 weeks ago
 
DXY: The Future Of US Dollar Index, Bears Set To Take Control
Following its peak on December 14th of 97.71 the US Dollar Index has made a steady decline hitting lows of 95.64, this level has not been seen since mid-late October. The 4-Hourly timeframe is beginning to print confirmed lower lows and lower highs s...
Posted 2 weeks ago
 
GOLD: Review Of 2018 And What 2019 Has In Store
With 2018 drawing to a close, Gold has managed to recover a huge 4.5% in December alone with the current Bullish momentum looking to extend into the new year. At the time of writing this article on New Years Eve, the precious metal is trading around ...
Posted 2 weeks ago
 
GOLD: Upside Potential To $1256.60 For This Precious Metal
Following last weeks analysis Gold has fallen to find support close to the 1235.00 as expected, for now this level appears quite reactive with a 4-Hourly Bullish engulfing candle rejecting straight off it. A breakout of the counter trend line also se...
Posted 1 month ago
 
DXY: Where To Next?
The DXY has edged higher at the start of this week ahead of ahead of the widely expected US interest rate hike next week but gains were short-lived by growing expectations that the Federal Reserve may express a more cautious view on future rate rises...
Posted 1 month ago
 
EURJPY:- Will Brexit Woe's Cause The Euro To Fall?
EURJPY:- The October Monthly Candle may be the early indication of what is to come with the Brexit Negotiation back in turmoil we may see this reflect badly on the Euro as the continued indecision will drastically affect confidence in ...
Posted 1 month ago
 
AUDUSD:- Await The Break!
AUDUSD:- We can see that the Australian dollar took a heavy beating last week and fulfiled the suggested targets of the previous analysis and continue to fall back into the weekly support regions of 0.72250. This ended up closing the week out ex...
Posted 1 month ago
 
AUDUSD:- Are We Due A Recovery?
AUDUSD:- as we approach the final trading month of the year it will be pivotal on how this month closes out to set up the prevailing trend for 2019.  This year we have seen an impressive 10-month bear trend swinging beautifully to the downside ...
Posted 1 month ago