Today's Technicals

 
 
GBP/USD: Things Looking Positive For The Pound?
Sterling traders that have been holding their long positions could be in for a nice surprise if this run continues. Following up from last week, we saw GBP/USD attempt to try and break the 1.3000 resistance, unfortunately, leading to a failed attempt...
Posted 4 months ago
 
USD/JPY: Time For A Breakthrough?
Good morning trader's and welcome to a new week on Everythingfx We saw a strong week on this pair last week as we can see on the weekly chart we finished on a bullish engulfing candlestick, where we managed to break through the resistance barr...
Posted 4 months ago
 
146.87 - The projected Target for GBP/JPY upside breakout.
The current consolidation range displayed.. which spreads 55 PIPs from top to bottom is the most important technical factor to remain focused upon at the moment for GBP/JPY. Recently the pair broke back above the 145.00 monthly resistance level wh...
Posted 4 months ago
 
EURO Expecting a bullish breakout...
There are some interesting levels in which the EUR/USD is respecting at the moment as it seeks out the next medium-term direction for the last quarter of the year. The lower zone: 1.1540 holds huge significance this week as the solidity could assi...
Posted 4 months ago
 
AUDUSD:- Weekly Close's out extremely weak
AUDUSD:- The pair continues to fall without any form of serious correction in site. We have broken the long-term ascending trendline in April and taken all previous Higher Low swing points. What we can see is the previous significant Low at 0.68...
Posted 4 months ago
 
USD/JPY: About To Break One Way Or The Other
As this pair has now approached a crucial level, it's only right we update everyone on the possible outcomes. So far this week we have seen this pair push higher, initially starting the week of below 110.00 and hitting a high of 111.75. Once a...
Posted 4 months ago
 
EUR/USD: Edging Higher Despite German Data Miss
This morning we are seeing EUR/USD pressing higher into the mid 1.1600's, and while this is a little early to call a potential recovery in play, does look to be part of a general reining in of USD longs.  On Tuesday, we saw some very st...
Posted 4 months ago
 
NZD/USD: Where to next?
Following on from my last two posts on this pair where I explained the reasoning behind taking a short trade from the 0.6700 resistance and monthly key level, we have now fallen around 150 PIPs to the downside and have met the support level of 0.6545...
Posted 4 months ago
 
EUR/USD Finding Support Ahead Of 1.1500 Again
Looking at the data releases coming out of Europe lately, it is hard to argue a strong case for EUR revival any time soon. Even so, now that the markets are returning to full strength, USD bulls are trying to regain some momentum to the ups...
Posted 4 months ago
 
EUR/CAD: Reaches The Trendline, Break or Bounce!
EURCAD: The Euro has continued its rally into the resistance high having broken the key level of 1.5200 and fulfilled the potential third touch of the descending trendline. This has also reached previous swing low levels now acting as its ceiling and...
Posted 4 months ago
 
EUR/JPY: Awaiting A Range Break For A Directional Bias
EURJPY: The pair currently remains trapped between a small box zone of 55 PIPs and a break of either direction will help determine where the next opportunity lies. Either side of the 4-hour box you can see that a Daily level of support at 128.50...
Posted 4 months ago
 
AUD/USD: Retests Critical Support, Are We Going To Reverse?
AUDUSD: The Australian has definitely had a hard time of late with the price being pushed to the downside and fulfilling our suggested downside level from last week. The 0.7150 zone has seen price in the past form huge reversals and dr...
Posted 4 months ago