Please try another search
EUR/JPY INTRADAY CHART: BIAS: Initial development should be sideways before losses resume Resistance: 125.76-80 126.13-43 126.61 126.90Support: 125.50-54 125.09 124.73 124.51 MAIN ANALYSIS: That...
We did see the follow-through but it all developed more directly than I had hoped. We’ve seen some dollar lows broken although in some cases this doesn’t really make too much of a...
As David Cameron attempts to rally support to keep Britain firmly in the EU ahead of the June 23rd referendum, investors are eyeing up safe havens for the aftermath of a potential “out”...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. The relentless selling of U.S. dollars after Wednesday’s FOMC announcement took USD/JPY into intervention territory and...
This comparative chart set up is getting very interesting, as the Dollar Index rolls over to confirm a major year-long top formation in the USD -- juxtaposed against signs of life (on the upside) from...
The USD/JPY has decreased sharply this week, the price has found strong resistance at the confluence area formed at the intersection of the median line (ml) of the descending pitchfork with the 23.6%...
At the start of the week, we highlighted today’s Swiss National Bank meeting as a potential under-the-radar event risk that many traders were overlooking. As we suspected, the central bank did...
Another day of USD selling as the aftermath of the FOMC last night continued to play through. Notable gains for cable and EUR/USD, printing 1.1342 and 1.4500 highs high, with the GBP rate getting an...
Current Trend Yesterday, the Australian dollar showed a strong growth against the US Dollar. The pair continues trading within an upward trend. The pair has been growing, as the USD came under...
On the intraday chart of EUR/GBP, we have three legs up from 0.7650 that looks like completed corrective B)-wave after recent decline slightly out of the channel that can send price down into wave C),...
This is what I like to see and this is when traders can make both pips and money trading momentum, breakouts and subsequently making positional trades. Yesterday FED neutral to dovish statement (more...
USD is Working on a Series of Megaphones Inside Megaphones to Form a Big Triangle Up Here USD is working on a megaphone (blue on chart) inside a larger megaphone. Megaphones across the VWAP of larger...
The EUR/USD rallied strongly after yesterday’s FOMC report and it is testing the resistance of the February 11 lower high in the yearlong trading range. The daily chart has a nested wedge. There...
The Fed put aside inflationary risks and instead focused on financial concerns and sluggish global growth to justify its decision not to raise rates and to reduce expectations regarding rate hikes in...
EUR/GBPCurrently we are 0.7845 in a nice range. We are looking to continue to the 0.618 Fibo at 7782 and maybe to the 0.7742. The average daily true range (ATR) for the pair currently is 82 pips.