Today's Technicals

 
 
GBP/USD Forms new higher high? where next?
GBP/USD formed its new higher High? Where next? We have seen a good push in the pound as of late, as price has finally crossed over the 1.3000 monthy level. Question now becomes can price stay above 1.3000? On the attached chart I have drawn,...
Posted 4 months ago
 
EURAUD:- Slowly Edging Higher As ECB Press Conference Draws In
EURAUD:- Remains trapped within a 4-hour consolidation block between the 4hour support level of 1.58975 and the resistance barrier of 1.59500. The price has currently been edging higher after serval weeks of decline we were always due a pullback in p...
Posted 4 months ago
 
EURO TIES SHOELACES READY TO BOLT
I was in the clouds all day - however, I have been monitoring EURUSD closely for what could be the 'Next move" So here is my H4 take.  1.1350 Psychological level has supported the pair heavily in the last few hours as the pair w...
Posted 4 months ago
 
AUDUSD:- Looks To Maintain A Break Below 0.71500 Support
AUDUSD:- The 4 Hour Candle has closed below the supportive region of 0.71500 and I will be stalking the pair for a daily break and closure below this level providing me with a 100 pip short opportunity.  The Currency cross looks to have stall...
Posted 4 months ago
 
FURTHER POUND STRENGTH - ACCELERATION TO 1.8125
Good morning traders, I trust all is well and a good week ahead is upon us! Last weeks GBP article was a success with the pound strength that was delivered shortly after the Brexit politics. My initial target projection post-Brexit talks was ...
Posted 4 months ago
 
AUDUSD:- Retraces From The Highs Straight Into Daily Support
AUDUSD:- Recapping on the previous Australian Dollar article, the price has played out to perfection after rejection the Weekly highs of 0.72250 and pulling back precisely into the daily support region. With multiple higher time frame analysis, we ma...
Posted 4 months ago
 
EUR/USD  - DRIVE THREE INTO BULLS.
GOOD MORNING TRADERS.  Another successful piece of analysis over on the GBP/AUD with the market coming within 1 PIP away from 1.8000!  I was watching EUR yesterday for a potential trade setup but there was nothing until maybe just now...
Posted 4 months ago
 
EURAUD:- Rejection Off Major Support
EURAUD:- The pair has trickled down to a Major Key Level of support 1.5800 after 2 weeks of serious selling pressure. The weekly timeframe suggests that there is still a lot more bearish pressure to come in the next few weeks and months, howeve...
Posted 4 months ago
 
GBP/USD - How will the Brexit deal being rejected affected the pound?
GBP/USD - How will the Brexit deal being rejected affect the pound?   The largest defeat suffered by any government ever, that's right ever!! Last night parliamentarians voted down the EU Brexit deal, helping rally the pound against th...
Posted 4 months ago
 
GBP/AUD LIQUIDITY FILL -ARE WE READY TO SEE 1.8000?
A bit of a late one here guys as I was monitoring Brexit talks and other pound fundamentals before checking over this chart. EUR/USD melted to 1.1400 today which was an epic start to the week! It appears that once again the price was dumped into t...
Posted 4 months ago
 
EUR/USD DAILY REVERSAL FROM 1.1550
Happy Monday everybody. GBP/JPY served us exceptionally well towards the end of last week. Let's see if we can get a few more successes under our belt.  So, here we have the EUR/USD H1 timeframe. I am switching up the weekly bias to a ...
Posted 4 months ago
 
AUDUSD:- Reaches Critical Resistance, Are We Ready To Break?
AUDUSD:- another strong week from the Australian Dollar as it seeks to recover from last years freefall decline into lows that previously hadn't seen since 2009. The previous 2 weeks have now indicated that there may be some upside momentum ...
Posted 4 months ago