0.0 00 The GBP/USD Forex pair moved higher as expected following a bullish setup on the daily chart. Then an Evening Star candlestick pattern formed and the Sterling moved lower. Please refer to the below daily …
Read More »Video: NZD/USD – Drifting Lower Looking Below 0.68
0.0 00 The Kiwi Dollar is once again drifting lower as sellers take aim below the 0.68 pivot. The NZD/USD Forex market has once again turned lower after taking a day to quietly consolidate. The NZD …
Read More »Video: GBP/USD – Sterling Rallies for the Fourth Straight Day
0.0 00 The GBP/USD forex market has been on a nice bounce back. The Sterling has recovered most of its losses after forming a bullish engulfing candlestick. Technical Analysis: My technical analysis for today notes a …
Read More »Video: EUR/USD – Consolidation Continues as the EU Waits on Greece
0.0 00 The EUR/USD moved higher after the appearance of a bullish Morning Star candlestick. Since then the euro has been consolidating below the 1.16 pivot as the Greek drama unfolds. If Greece defaults, the euro …
Read More »Video: GBP/USD – The Sterling Moves Higher as Buyers Eye Levels Above 1.56
0.0 00 The GBP/USD Forex market continues to inch higher. At the time the Sterling is looking to challenge technical resistance levels above the 1.5 pivot. Technical Analysis Technical analysis for today notes a bullish engulfing …
Read More »Video: EUR / USD – Waiting For Directional Cues Above 1.12
0.0 00 The EUR/USD Forex market moved higher, as expected, after forming a bullish morning star candlestick. We are now waiting on directional cues above the 1.12 pivot as the euro is taking a breather. Technical …
Read More »Video: GBP/JPY – The Yen is Trying to Force itself to Recover
0.0 00 The GBP/JPY Forex market is trying to move lower. Yesterday the Sterling averted this bearish reversal, but the negative RSI divergence continues to hint of continued weakness in this market. Technical Analysis Today’s technical …
Read More »Video: GBP/USD – Buyers Crack the Monthly Trend Line Resistance
0.0 00 The GBP/USD Forex market is moving higher again. The Sterling produced a Bullish Engulfing candlestick and started its bull trend as buyers have now broken through the monthly trend line resistance. Technical Analysis There …
Read More »Video: USD/JPY – Dark Cloud Indicates Top Forming
0.0 00 The USD/JPY Forex market has turned lower. This was expected after forming a Bearish Dark Cloud Cover candlestick below the key pivot at ¥126. Yesterday I wrote about standing aside and not going long …
Read More »Video: USD/CAD – A Top in Place Below 1.26 Seems Likely
0.0 00 Looking at the USD/CAD Forex market this morning, the US Dollar seems to have formed a top below the 1.26 pivot. There is a Bearish Candlestick pattern just below 1.26 then fall lower. Technical …
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