Today's Technicals

 
 
USD/JPY: Will We Break 108.00 Weekly Support?
Previous Post: "Short term, we do have a 4 Hour trend line that will come into play and act as resistance around the 109.000 region. This area will be key as to whether this pair can push higher to meet the monthly resistance at 110.00 or rej...
Posted 4 months ago
 
GBP/JPY - MY LONG LOST LOVE! 138.90, SEE YOU THERE.
Good afternoon peeps. An excellent result on the EUR/USD move! It's been a few months now since I posted my views on the GBP/JPY, So here we are once again with a fresh piece of analysis that can hopefully assist with a profitable trade. ...
Posted 4 months ago
 
DXY: Bears Continue To Drive The Dollar Lower, Expecting 95.50
The US Dollar Index appears to be playing out as expected with regards to last weeks technical analysis. Last Thursday we saw another nice rejection of the Bearish trend line to send DXY tumbling below the 96.00 support floor. We have since had a ret...
Posted 4 months ago
 
EURUSD FURTHER UPSIDE !
Last weeks, 'return to EFX article' which covered EUR/USD was a success.  The EUR accelerated up to the levels: 1.1430 & 1.1450 as buyers stepped in to allow strong day closures towards the end of last week. Yesterday, the pair sp...
Posted 4 months ago
 
AUDUSD:- Are We Going To See A Full Reversal
AUDUSD:- this pair certainly caught my eye this week. The weekly candlestick closing so positively after the flash crash scenario and making a full hammer reversal formation. I do believe this was a final liquidity push from the major ...
Posted 4 months ago
 
GBP/AUD RETRACEMENT COULD SETUP THE BIG SHORT.
The word for the week is: INITIATIVE. Why so?... Simply because the market state can change at any given hour and we must be able to adapt & REACT, rather than be married and drown... Last Friday's GBP/AUD article was aimed towards capt...
Posted 4 months ago
 
USD/JPY: Where To Next Following The Japanese Yen Flash Crash
Good morning traders and Happy New year! For many today will be the first day back at work after the Christmas holidays which also means most retail, hedge fund, bank and institutional traders will all be back at their desks, ready to trade, ...
Posted 4 months ago
 
EURNZD:- Price Remains In Daily Ranges
EURNZD:- In recent weeks price has accelerated 700 pips back into the resistance zone of 1.71180 but has now stalled for 5 days in consolidation in forming spinning tops, creating indecisive behaviour. This is typical having potentially now form...
Posted 4 months ago
 
GBP/AUD - REJECTING 1.8000 AGAIN? UPSIDE TP: 1.8150.
A Bit of a late one... however, I have been stalking the P.A for the latter part of the day with this pair rejecting 1.8000 once again. Is G.A ready for an upside boost? Perhaps... H4 & H1 align nicely for a decent R/R trade - 1.8150 being ...
Posted 4 months ago
 
EUR BUYERS ARE READY TO STEP IN.
Hey friends, I trust all is well, and everybody is excited to power straight into 2019! It's been a while since I have knuckled down with some serious trading & chartwork due to recent travels to India & Thailand! I had a pretty laid b...
Posted 4 months ago
 
DXY: The Future Of US Dollar Index, Bears Set To Take Control
Following its peak on December 14th of 97.71 the US Dollar Index has made a steady decline hitting lows of 95.64, this level has not been seen since mid-late October. The 4-Hourly timeframe is beginning to print confirmed lower lows and lower highs s...
Posted 4 months ago
 
GOLD: Review Of 2018 And What 2019 Has In Store
With 2018 drawing to a close, Gold has managed to recover a huge 4.5% in December alone with the current Bullish momentum looking to extend into the new year. At the time of writing this article on New Years Eve, the precious metal is trading around ...
Posted 4 months ago