Today's Technicals

 
 
AUD/JPY:- A Break And Retest Of 82.00 Could Define The Week
AUD/JPY:- We can see that the currency pair has been trapped within a range of 13-14 days, before Friday's price action saw a surge back towards 82.00. We are expecting now for bullish momentum to occur, with a directional bias firmly to the...
Posted 1 year ago
 
EUR/JPY:- Could We See The Break On Friday?
EUR/JPY:- There hasn't been too much trending movement in the pair this week as we have been trapped under the 129.500 level, and bouncing between the 100 PIP range with the supportive region at 128.500. We are currently attempting to break ...
Posted 1 year ago
 
NZD/USD: Price Action Is Looking Bullish
Yesterday we had a slow day across the board with all USD currency crosses, due to the American holiday which saw price fluctuate within a small range, as price moved sideways. This came at a time for this pair as we were reaching the outer trend lin...
Posted 1 year ago
 
AUD/USD:- Stalls Around Key Resistance Level As NFP Approaches
AUD/USD:- Price has failed to move much since Monday as the key level of resistance has held relevance, especially the minor high level I have plotted on at 0.74110. This will now be the crucial barrier to see a 4-hour candlestick closure back above,...
Posted 1 year ago
 
AUD/JPY:- A Break Of The Range Will Lead Us To 84
AUDJPY:- Price has been trapped in a sideways market making equal highs and equal lows below the 82.00 weekly resistance level, failing once again to maintain any form of momentum when trading at 81.150. Higher time frame analysis suggests that there...
Posted 1 year ago
 
NZD/USD: Target Hit!
We have had a steady decline in the past month, with price falling from highs in the 0.7000 region, dropping 300 PIPs to my long-term target of 0.6700. This level was hit yesterday, dropping 90 PIPs for the day to reach the key monthly support level....
Posted 1 year ago
 
USD/CAD Can We Call This A Reversal?
Last week we watched price contained in consolidation for up to a week, whilst still trying to break for further upside. However, after two failed rejections of our monthly 1.34000 region, the price has now slammed towards the downside. The firs...
Posted 1 year ago
 
EUR/JPY:- Ready For A Reversal
EURJPY:- Although this pair may have caught us out last week with a fake break out, it's not the end of the world as the daily candlestick indicates something significant about a trend direction. Now, as a predominantly medium term swing tra...
Posted 1 year ago
 
AUDUSD:- Is A Correction Necessary Or Not?
AUDUSD: Whilst we let the dust settle over the weekend on the currency pairs we come back to this market after a strong bullish day across many of the majors on Friday. Aud moved the least in the number of pips and could be in for a catch up in ...
Posted 1 year ago
 
USD/JPY - Will We Finally Find A Direction With This Pair?!
It has been a pretty gruelling past month on this pair for many traders, mainly swing traders who are trying to capture hundreds of PIPs per trade, but a playground for and scalpers as this is definitely their market right now. For the past twenty...
Posted 1 year ago
 
USD/JPY - Strong bullish momentum from this pair but can we maintain??
Following my previous analysis on this pair, we are still trading within the 150 pip range between the 109.30 support level and the 110.80 resistance area highlighted on my chart. On Wednesday I explained we had some bullish momentum in this market a...
Posted 1 year ago
 
EUR/USD - Asian Session SURGE To Reverse?
EUR/USD Surged throughout the Asian session sending a shockwave of a surprise to new sellers. The Euro rallied over 100 PIPs alongside GBP/USD as both currency pairs sank into harsh supportive lows. There was indeed some macroeconomic noise howeve...
Posted 1 year ago