Today's Technicals

 
 
AUDJPY - Resting On Immediate Support, 82.00 Holds The Key!
AUDJPY: We have seen price remain between two boundaries since March and specifically since May. The supportive region of 81.150 has kept the price from reaching the psychological boundary of 80.00 for 2 months and remains the critical region in...
Posted 2 years ago
 
EURO/Dollar To Continue The Downside Bear Leg
This week EUR/USD made lows of 1.1510, then swiftly snapped back of the daily lows for a closure at the highlighted regional resistance: 1.1660. Price action studies on the lower intraday timeframes suggest a rather steep down move in pending for ...
Posted 2 years ago
 
AUD/USD:- Are We Getting Ready For A Retracement?
AUD/USD:- Has now fallen over 350 pips in the last 10 days! This is without any form of retracement or correction, after rejecting the 0.76500 level to potentially find a base, at the 0.7400 monthly region of support. Thursday we saw the daily candle...
Posted 2 years ago
 
USD/JPY - Another Failed Attempt For This Pair
Another failed attempt to break higher on this pair as we have reached the daily resistance at the 110.70/80 region again. This pair has fallen dramatically, currently by 80 PIPs, to break lower and below the monthly key level of 110.00 which we have...
Posted 2 years ago
 
USD/CAD - The bullish marathon continues! until when?
Currently trading at 1.33200, there seems to be no stopping for USD/CAD as it uses our blue MA as a cushion to continue rising.  This overall upside move actually started with a break of 1.30000, with the help of better than expected US retai...
Posted 2 years ago
 
EURJPY - Retesting the Major Boundary of 128.000
After rapid and extensive moves we see that EURJPY has entered a slight rest phase on Wednesday, as price failed to continue its recent decline. We currently see the pair retest one of its major key levels, now acting as resistance, this price p...
Posted 2 years ago
 
Lower Pricing for GOLD - $1260 Support Ahead!
My last GOLD article was a success, with the metal tanking to the given Fibonacci level after last weeks roaring down move.  Currently GOLD is hovering below the moving averages, with a decent amount of pressure directing from the higher time...
Posted 2 years ago
 
NZD/USD: Price Continues The Bearish Trend
So far this week we have seen a lot of action on this pair. We have seen price continue the bearish trend and we are currently in (since the initial drop from the five-week highs), at the 0.7000 region. Yesterday we had a break of the counter tr...
Posted 2 years ago
 
AUD/USD:- A New Low Has Formed! What To Expect Next?
AUD/USD:- As suggested, we have now fulfilled the monthly key level of 0.7400 that has previously acted as a crucial barrier of support, back in May and June of last year. Here we are 12 months later and the scenario looks slightly differen...
Posted 2 years ago
 
GBP/USD: Where Is The Next Support?
Last week we watched the continuous battle between the bulls and the bears on GBP/USD. After creating higher highs, we saw the market top at 1.34500, with an incredible downfall due to better than expected USD data. Fast forward to yesterday we watch...
Posted 2 years ago
 
USD/JPY: Big Moves With This Pair
Big moves with this pair during the last Asian session as we saw price fall from where we had been stalling over the past week, around the 110.50/60 area, to break 100 PIPs lower to the 109.50/60 region. A strong break of the daily trend line and the...
Posted 2 years ago
 
AUD/JPY:- Overnight Strength Sees AJ Smash Through Targets!
AUD/JPY:- The Asian session has seen the majority of Japanese Yen pairs increase in strength, as they look to continue their bullish run for the remainder of the week. The weekly closure was an early warning sign to suggest what was about t...
Posted 2 years ago