Today's Technicals

 
 
EUR/JPY: A Break Of 4-Hour Resistance Could See EURJPY Trade Higher
EURJPY:- The pair closed indecisive last week having behaved relatively neutral with price bouncing between 125.000 and 126.500, with multiple spinning tops and exhausted price action forming a new base for the pair. 126.000 as long been our weekly s...
Posted 1 year ago
 
140.00 Achieved to the T: GBP/JPY, Early week bounce ahead.
As displayed on the attached H4 Chart the previously explained: 140.00 Monthly support was tapped precisely to the T. So what next? Well, higher timeframe studies suggest that 140.00 may give way with a push further into the 138.80 area, however, ...
Posted 1 year ago
 
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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year 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 1 year ago