Today's Technicals

 
 
USD/JPY: Break Of 112.0 Due Soon
Since our short trade on this pair last week explained to our members and shown on my Instagram account (@bd_fx) from the level of 114.50, we have now fallen 250 PIPs and hitting my target at the weekly support of 112.000! On our journey to this l...
Posted 3 months ago
 
DXY: What Is Happening To the USD?
The second Monday of October in the United States marks the legal holiday 'Columbus Day', commemorating Christopher Columbus' first voyage to the Americas in 1492. This day poses significance for traders as the US Bond markets are closed,...
Posted 3 months ago
 
EURJPY:- Awaiting On A Range Break Out
EURJPY:- after falling over 200 pips the pair has reached a major barrier of support at 130.000. This could be a stop off point for the pair in which we determine the next leg of the journey. As suggested in our previous post of EurJpy that a deeper ...
Posted 3 months ago
 
EURO upside expected: 1.1550 Pullback.
Good morning. A new week is upon us! EUR/USD has printed the lows at 1.1460,...10 Pips away from last weeks projected short target from my last EURO article. So what's next? Well, I read a pullback... A bull leg into the 1.1550 area which m...
Posted 3 months ago
 
GBPAUD:- Over Extended or Just The Beginning
GBPAUD:- Reaching the upper boundary of 1.8500 we have seen multiple rejections this year already. The pair is notorious for being a volatile mover and this level could determine whether or not this is the beginning of a new leg to the upside with ex...
Posted 3 months ago
 
AUDUSD:- Targets Smashed Before NFP!
AUDUSD:- Once again targets get smashed from our previous post a few days ago. The Clean daily break and closure below 0.7200. was the determining factor before rolling over and wiping out all previous swing points on its way to form a new low at the...
Posted 3 months ago
 
DXY: Retesting Before Going Higher?
Following on from my article Tuesday, the US Dollar seems to be moving exactly as anticipated. On Wednesday price broke through our 95.50 level of resistance for the first time since early August and managed a strong Daily candlestick cl...
Posted 3 months ago
 
EURJPY:- Breaking Back Below 132.000
EURJPY:- An opportunity arising on EurJpy as the pair breaks back below 132.000. We have seen fresh monthly highs printed as the price surged into the major resistance zone of 133.100 before swiftly falling back into the Daily Support of 130.800. ...
Posted 3 months ago
 
EURO to sink into the 1.1450 Region.
Good morning, Another short setup awaits us on the EURO today!  Unfortunately the last GBP/JPY setup didn't fulfil the target extension, coming shy and then reversing... So let's see if EURO can recuperate this week's confidence!&...
Posted 3 months ago
 
AUD/USD: How Much Further Can We Go?
AUDUSD: The pair has found itself in recent weeks creating a series of Lower-Highs and Lowers-Lows with the possibility of creating a new Low in the coming weeks. After The Federal Reverse announced late on in September that there woul...
Posted 3 months ago
 
Bears Smell Blood As EUR/USD Eyes 1.1500 Again
It is clear to see that the latest fallout in between the EU and Italy over their intended budget deficit target is the source of EUR weakness at the moment.  The lead EUR/USD rate is now testing the support in front of 1.1500 again.  ...
Posted 3 months ago
 
USD/JPY: Bears Set To Take Control
Last week we saw a very strong bullish week on this pair as we watched price action finally find some pace and smash through most of my target I had set out. Post the break-through of my initial target of 112.30, breaking that tough barrier of 112.00...
Posted 3 months ago