Today's Technicals

 
 
AUDUSD Rests Cautiously At A Major key Level Ahead of Q1 GDP
We did, in fact, see the surge of AUD as the price went and reached the 0.76500 level on Monday and has since stalled at this level. As price looks to be at a critical junction of 0.76500 we will either see a continuation to the upside or a reje...
Posted 1 year ago
 
USD/JPY - Will Bulls Continue to Dominate This Pair?
Yesterday we saw a mixed and indecisive day on this pair as we saw price reach the monthly key resistance level of 110.00, pushing higher around 30 PIPs on the day before falling around 50 PIPs to retest the 109.50 area. We can see from this price ac...
Posted 1 year ago
 
GBP/USD - Is Everything Is Lining Up For A Bullish Run?
A good start to GBP/USD early this week, with the help of strong GBP Services PMI numbers being released this morning. This better than expected news also lined up technically with our 61.8 FIB level, after a short pullback yesterday evening.  ...
Posted 1 year ago
 
GBP/JPY To 147.50 then decline?
GBP/JPY edging higher to a major zone: 147.50, continuously respecting H4 key levels with the most recent higher low point: 145.80 being the most significant.  The highlighted region (Green) is a major area for a potential sell-off, a huge on...
Posted 1 year ago
 
AUDJPY: The RBA Leaves Little To The Imagination As Price Reaches Major Key Level
We have seen this pair accelerate over the last few days as we rejected the lows of 81.220 and rally back towards the 84.000 to the major resistance region. In the early hours of Monday morning, we saw Retail Sales come out better than expected ...
Posted 1 year ago
 
NZD/USD - Is There No Stopping This Pair?
Another positive day on this pair as we continue the bullish momentum heading towards my long-term target and monthly key level of 0.7100. Since the last rejection of 0.9600, the price has seen a strong bullish run where it broke out of the triang...
Posted 1 year ago
 
EURJPY:- How Much Further Can EJ Go!
EURJPY:- The pair has looked extremely bearish over the last couple of months after the significant fall in price back in February 2018.  Having made a multi-year high at 137.500 the price has fallen almost 1300 pips since then making a current...
Posted 1 year ago
 
NZD/USD - Set to Create another Higher-Low Before Bulls Run Riot
This pair has tested our patience since my long trade was given two weeks ago around the 0.6900 area. Since we managed to reject this level and show some bullish behaviour, we have seen the price has still been trapped in a type off consolidate zone ...
Posted 1 year ago
 
USD/JPY - Breaks Support, Where Will It Go Next?
Last week we saw this pair breach the important support of 109.00, falling to lows of 108.12, which was 12 pips away from our next support at 108.00. Though we managed to break these supports, towards the end of the week on Thursday and&nbs...
Posted 1 year ago
 
GBP/USD - We Seem To Be Rebounding After The Previous Few Weeks Of Negative data
Welcome to another new week in the markets! As we catch up with GBP/USD we seem to be rebounding after the previous few weeks of negative data and overall bearish bias. Technically we have hit a major support at 1.32500, looking back to October 2017 ...
Posted 1 year ago
 
AUD/USD - Can The RBA Interest Rate Decision Be The Catalyst For A Correction
AUDUSD: We have seen the currency pair make discrete higher highs and higher lows in recent weeks, with price, really struggling to maintain bearish momentum below the 0.7500 price point. On Wednesday the 30th of May we saw a large bullish candl...
Posted 1 year ago
 
GBP/JPY - Will The Bears Take Charge And Force GBPJPY Back Down To 150.00
GBPJPY experienced a rebound from the multi-month lows, breaking back above 145.00 providing a bullish weekly closure.  As the pair stalls at Daily resistance, we must consider the possibility of a price declining back into the 150.00 regions...
Posted 1 year ago