Today's Technicals

 
 
GBP/JPY: Hit 142.500 to the T, Where to next??
Good morning Traders and welcome back to EverythingFX. GBP/JPY has hit 142.500 as expected in our previous article! Looking at the Daily timeframe we can see our level of support of 144.850 has finally been broken after have tested it on 4 occa...
Posted 4 months ago
 
CAD/JPY: No Slowdown In Sight
Good afternoon guys, with the May Day bank holiday to start the week, we would expect a slow start to this weeks price action. However, that notion has been proven wrong with a wave of volatility that has provided lucrative trade setups that have tra...
Posted 4 months ago
 
EUR/NZD: Shooting Up By 200 PIPs!!!
Hey Traders and welcome back to EverythingFX, I'm writing to you from a cold and rainy London afternoon.  Just taking a look at the weekly timeframe we can see price printed a double bottom forming a bullish rejection off of 1.63500 and w...
Posted 4 months ago
 
EUR/USD - Looking Shaky, Where To Next?
Good Morning traders, this is my first article back after an incredible trip out to LA. Teaching over 25 students in one of the best countries in the world was a surreal experience. The knowledge Shaun and Natt were dropping over the two days was min...
Posted 4 months ago
 
GBP/NZD: Battle of the Commonwealth
GBP/NZD is definitely an interesting pair to keep an eye on. Between October 2018 and December 2018 (62 Days), we saw this pair fall out of the sky from 2.04680 all the way down to 1.81260. That is in total 2340 PIPs, which shows that there is a lot ...
Posted 4 months ago
 
GBP/JPY: The Bears Are Back In Town
Good morning traders!   The monthly candle on GBP/JPY close shows that price tried to push higher during April but momentum failed towards the late stage of the month. We have seen some very clear sideways price action since March, however we ...
Posted 4 months ago
 
NZD/JPY: Pullback Before 73.650 Will Be Achieved
Good day traders, hope you are all geared up to tackle the markets this week. The monthly narrative is finally taking shape when compared to the last two months of price action which decided to remain sandwiched between our moving averages. After ...
Posted 4 months ago
 
EUR/USD: Re-test expected before further downside
Good morning EFX Viewers! I write this article from my sun lounger in the sunny mountains of Santorini, Greece; sipping the local beer “Volkan” whilst mulling over the charts. But let's get straight into the technicals: Last week w...
Posted 4 months ago
 
GBP/JPY: Fourth Drive Down Expected
Good morning Traders and welcome back to EverythingFX. The Great British Pound is currently trading at 144.229 against the Japanese Yen during today's London Session.  Starting on the weekly timeframe we can see last week had a st...
Posted 5 months ago
 
GBP/JPY: Sets its eyes on 150.000
The Great British Pound trading at 146.473 against the Japanese Yen during today's London session. Looking at the weekly timeframe we can see a small spinning top candle with a wick to the upside as well as the downside where we came to r...
Posted 5 months ago
 
AUD/JPY: Rallying Over 90 PIPs
What a start to AUD/JPY with a huge 90+ rally on this beautiful Friday. The monthly picture on this pair has been pretty stagnant for the last 3 months. But we could finally be seeing some clear movement in line with January's hammer candlesti...
Posted 5 months ago
 
EUR/NZD: Pulling Back To Shoot Towards 1.7050
Good afternoon Traders and welcome back to EverythingFX! Final day  The Euro currently trading at 1.67700 against the New Zealand Dollar during today's London session. Looking on the weekly timeframe we have clearly formed a double bot...
Posted 5 months ago