0.0 00 The US Dollar is continuing to recover against its Japanese Yen counterpart. The USD/JPY is now in the middle of a three day winning streak. After losing ground, the Dollar has since recovered as …
Read More »Daily Video: NZD/USD—Struggling with the Key Pivot and Swing High at 0.77
0.0 00 The Kiwi Dollar is struggling to go above the key pivot and swing high at 0.77 against the US Dollar. See the below daily MT 4 daily chart. Right now we see near term …
Read More »Video Analysis: AUD/USD—Two Month Old Range Top at 0.79 Continues to Hold
0.0 00 The AUD/USD continues to tread water in a tight trading pattern below the key pivot at 0.79. A close above the congestion area that runs from 0.7858 to 0.79 challenges the next technical resistance …
Read More »Daily Video: EUR/USD—Buyers Aim for Above the 1.10 Pivot
0.0 00 After putting in a bullish Morning Star candlestick, the EUR/USD moved higher. Right now buyers are trying to aim above the 1.10 pivot. Above that level lies the March 18 high, another key swing …
Read More »Daily Video: USD/JPY—Sellers Eyeing Supports Below ¥119
0.0 00 The USD/JPY Forex pair turned lower after forming a Dark Cloud Cover candlestick pattern. A break below the technical support at 118.92, with a daily close, challenges the support at 118.20 and lower. We …
Read More »Daily Video: EUR/USD – Sellers Looking to Challenges Levels Below 1.05
0.0 00 The EUR/USD broke 6 days of declines overnight but sellers are still looking to challenge price below the 1.05 pivot which is the February swing bottom. There is support at the end of a …
Read More »Daily Video: USD/CAD—Losing Some Steam Below the 1.27 Pivot
0.0 00 The USD/CAD continues to wander in the same trading range below the key 1.28 pivot. A daily close below the congestion area 1.2380 to 1.2447 will challenge the next technical support at 1.2207/08. Should …
Read More »Daily Video: GBP/JPY—The British Pound Sells Off
0.0 00 The British Pound has accelerated its decline against the Japanese Yen. So far today, we have seen the biggest selloff in over a month. Right now support is lining up at the ¥175 pivot …
Read More »Daily Video: EUR/USD—Euro Looking to Move Lower Again
0.0 00 The EUR/USD is looking to turn lower once again. Note the Dark Cloud Cover candlestick which has turned into a Three Inside Down candlestick and subsequent move lower for the euro. A daily close …
Read More »Daily Video: USD/JPY—Dollar Break a Key Flag Resistance
0.0 00 The USD/JPY appears to be inching higher as the Dollar has broken a key resistance level. This market has now completed a Flag Chart pattern. A daily close above 120.67 will challenge the technical …
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