Today's Technicals

 
 
GBP/JPY: The Bears Are Back In Town
Good morning traders!   The monthly candle on GBP/JPY close shows that price tried to push higher during April but momentum failed towards the late stage of the month. We have seen some very clear sideways price action since March, however we ...
Posted 3 weeks ago
 
NZD/JPY: Pullback Before 73.650 Will Be Achieved
Good day traders, hope you are all geared up to tackle the markets this week. The monthly narrative is finally taking shape when compared to the last two months of price action which decided to remain sandwiched between our moving averages. After ...
Posted 3 weeks ago
 
EUR/USD: Re-test expected before further downside
Good morning EFX Viewers! I write this article from my sun lounger in the sunny mountains of Santorini, Greece; sipping the local beer “Volkan” whilst mulling over the charts. But let's get straight into the technicals: Last week w...
Posted 4 weeks ago
 
GBP/JPY: Fourth Drive Down Expected
Good morning Traders and welcome back to EverythingFX. The Great British Pound is currently trading at 144.229 against the Japanese Yen during today's London Session.  Starting on the weekly timeframe we can see last week had a st...
Posted 1 month ago
 
GBP/JPY: Sets its eyes on 150.000
The Great British Pound trading at 146.473 against the Japanese Yen during today's London session. Looking at the weekly timeframe we can see a small spinning top candle with a wick to the upside as well as the downside where we came to r...
Posted 1 month ago
 
AUD/JPY: Rallying Over 90 PIPs
What a start to AUD/JPY with a huge 90+ rally on this beautiful Friday. The monthly picture on this pair has been pretty stagnant for the last 3 months. But we could finally be seeing some clear movement in line with January's hammer candlesti...
Posted 1 month ago
 
EUR/NZD: Pulling Back To Shoot Towards 1.7050
Good afternoon Traders and welcome back to EverythingFX! Final day  The Euro currently trading at 1.67700 against the New Zealand Dollar during today's London session. Looking on the weekly timeframe we have clearly formed a double bot...
Posted 1 month ago
 
DXY: Bears Take Charge On The DXY As Expected!
Last weeks article published on the 4th April, highlighted the potential weakness we could see in the USD. Fast forward 5 trading days later and we are 0.50% lower or 60/70 pips at the time of writing. Not the biggest move down by any means, but ther...
Posted 1 month ago
 
USD/JPY: Has Left The Station...Next Stop 110.00
Good morning Traders and welcome back to EverythingFX. I'm writing to you all from a nice sunny London morning. The US Dollar is currently trading at 111.100 against the Japanese Yen during today's London session. As stated on...
Posted 1 month ago
 
EUR/JPY: Expecting Bears to Drag The Price To 125.00
Hello fellow traders. I hope you are all raring to have another great week of trading ahead. I was having a browse through the pairs and decided to write a quick analysis of EUR/JPY. Looking at EUR/JPY on the Daily timeframe we saw a bullish ...
Posted 1 month ago
 
CAD/JPY: Is 82.900 On the Cards?
Good morning all, I hope we've had a great weekend and are ready for the trading week ahead.  A followup on this pair's analysis from last week, we did see a retracement which delayed the overall downside bias discussed. However, we l...
Posted 1 month ago
 
GBP/USD: Breakthrough, Retest And Continuation!
Morning traders, hope everyone is well! Let's kick start this week with a GBP/USD catchup. Despite fears over the future of Britain, we are still seeing good volume and movement in this pair, just last week alone, this pair moved close to...
Posted 1 month ago