Today's Technicals

 
 
EUR/USD Short Selloff Setup.

EUR/USD Short Selloff Setup. ...

4 Comments 6679 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 2 years ago
Read more
 
GBP/USD Has The Pullback Started?

GBP/USD Has The Pullback Started?...

1 Comments 6464 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 2 years ago
Read more
 
USD/JPY: A Strong Start To The Week

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

0 Comments 6057 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 2 years ago
Read more
 
AUD/USD:- Awaiting A Breakout For A Long Term Set Up

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

1 Comments 3534 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 2 years ago
Read more
 
Further Decline For GBP/AUD?

Further Decline For GBP/AUD?...

0 Comments 6341 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 2 years ago
Read more
 
XAU/USD - $1287 Per Oz Expected On GOLD Over The Next Few Days!

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

3 Comments 5005 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 2 years ago
Read more
 
AUD/USD - Confluences Are Lining Up For 0.7400

AUD/USD - Confluences Are Lining Up...

0 Comments 10756 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 2 years ago
Read more
 
USD/CAD - Has This Pair Broken Out Of Its Range?

USD/CAD - Has This Pair Broken Out ...

0 Comments 10086 views
Looking back since April this current year, USD/CAD has been trapped within two ranges. Firstly we watched price battle 1.27500 to 1.29000 with any upside then pushing the pair to use 1.29000 as a support with 1.29750 as resistance. This has been goi...
Posted 2 years ago
Read more
 
GBP/JPY - Daily Lower Swing High? Back to 145.00

GBP/JPY - Daily Lower Swing High? B...

3 Comments 8843 views
The recent price breach of the highlighted zone: 147.50 swiftly reversed to create a new daily lower swing point, with 148.11 being the high of the week! Price declined on the follow through around 60/70 PIPs overnight with further downside expected ...
Posted 2 years ago
Read more
 
EUR/USD - Can We Push Further to 1.1925

EUR/USD - Can We Push Further to 1....

5 Comments 8241 views
EURO experienced a sudden shift in direction after being trapped in consolidation at the start of this week. After the pair tapped weekly resistance: 1.1725, it remained trapped with three support tests of 1.1650 (Psychological level) before swiftly ...
Posted 2 years ago
Read more
 
AUDJPY - A larger Correction In Place Or Simply Just A Higher Retest

AUDJPY - A larger Correction In Pla...

1 Comments 4601 views
We have seen AUDJPY in the last few days form both bullish and bearish signals. From a larger time perspective, the pair has been consolidated between 84.50 and the lower regions around 81.00. If the entire structure was to break higher this ...
Posted 2 years ago
Read more
 
Cross JPY Gains Leading The Way Today, Lifting The Spot Rates To Suggest A Move Lower In The USD

Cross JPY Gains Leading The Way Tod...

0 Comments 4391 views
Cross JPY gains leading the way today, lifting the spot rates to suggest a move lower in the USD, which looks to be a function of USD/JPY resistance above 110.00. EUR/JPY is performing well among the risk of risk related pairs, and as such we are ...
Posted 2 years ago
Read more
 
BREAKING NEWS