Today's Technicals

 
 
USD/JPY - Fed Give Bears The Upper-Hand

USD/JPY - Fed Give Bears The Upper-...

0 Comments 3804 views
Yesterday we awaited the eagerly anticipated results from the Federal Reserve regarding the current interest rates. The results of the meeting were raising the benchmark rate by a quarter per cent to 2.0 % from 1.75%. This had a knee-jerk reaction wi...
Posted 1 year ago
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AUDJPY:- Employment Change Causes A Drastic Drop

AUDJPY:- Employment Change Causes A...

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AUDJPY:- Tuesdays Closure was the early warning signal, as to what was to be expected from the Australian data that was released in the early hours of Thursday Morning. Employment Data came out far worse than expected at 12k than the forecasted ...
Posted 1 year ago
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EURJPY:- Stubborn But Consistent, ECB Interest Rates Highlighted

EURJPY:- Stubborn But Consistent, E...

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EURJPY:- Trust in the process and have a little patience is the key to this pair, with both bullish and bearish scenarios available. A break above the resistance level of 130.270, and a daily closure past this point, would be the signal needed for th...
Posted 1 year ago
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NZD/USD - Multiple Dojis Forming Leaving Uncertainty In The Market

NZD/USD - Multiple Dojis Forming Le...

0 Comments 3817 views
Not much has changed with this pair since our last post on the 5th June 2018, where we had finally seen some bullish movement with a breakout to the upside which we had expected and explained would happen, heading towards the 0.7100 area. We had s...
Posted 1 year ago
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AUD/USD - Tuesday Has Left Investors Short On The Australian Dollar

AUD/USD - Tuesday Has Left Investor...

1 Comments 5304 views
Tuesday's price action left little to the imagination as price attempted to push higher only to reach the 0.7620 region and fall back below the weekly support at 0.75750. The strong daily closure has given us the warning signs there may be a s...
Posted 1 year ago
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EUR/USD Short Selloff Setup.

EUR/USD Short Selloff Setup. ...

4 Comments 6392 views
EUR/USD has been stalling at the already given 1.1822 daily resistance level recently with the last EFX technical post stating 'Wait for a reversal or breakout". Studies of price action today suggest a reversal is imminent... However, we ...
Posted 1 year ago
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GBP/USD Has The Pullback Started?

GBP/USD Has The Pullback Started?...

1 Comments 6174 views
This morning’s Average Earnings Index released this morning with a result of 2.5% just as expected, this has pushed pound slightly higher against the US Dollar. We have seen this pair swing from a downtrend into an uptrend in the past few weeks...
Posted 1 year ago
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USD/JPY: A Strong Start To The Week

USD/JPY: A Strong Start To The Week...

0 Comments 5800 views
We have seen a strong start to the week with this pair forming a large bullish engulfing candle on the daily chart printed yesterday. After price rejecting the monthly key level of 110.00 last week and failing back towards the 109.00 area, the only s...
Posted 1 year ago
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AUD/USD:- Awaiting A Breakout For A Long Term Set Up

AUD/USD:- Awaiting A Breakout For A...

1 Comments 3241 views
AUDUSD:- A choppy market continues to dominate this pair. We remain trapped between the descending trendline, and the ascending C.T.L, that has supported the price consistently over the last couple of weeks. Once again, we have failed to br...
Posted 1 year ago
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Further Decline For GBP/AUD?

Further Decline For GBP/AUD?...

0 Comments 6062 views
GBP/AUD has been trapped in consolidation for over a week with 1.7700 being a heavy area of resistance. Daily price action remains bearish for now, respecting the bearish moving averages at a squeeze.  Main support: 1.7500 which is expected t...
Posted 1 year ago
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XAU/USD - $1287 Per Oz Expected On GOLD Over The Next Few Days!

XAU/USD - $1287 Per Oz Expected On ...

3 Comments 4536 views
GOLD has been extremely messy over the last few days with lots of chop and many spikes which caught traders off guard.  Coming into the new trading week we see that price action is formulating a solid boundary or resistance in between $1300-$...
Posted 1 year ago
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AUD/USD - Confluences Are Lining Up For 0.7400

AUD/USD - Confluences Are Lining Up...

0 Comments 10505 views
AUD/USD as the confluences aligned after retesting the major key level of resistance at 0.76500. This came into confluence with our favoured Fibonacci region and a retest of the descending trendline. We could now expect the pair to break the serie...
Posted 1 year ago
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