Technical Analysis

0.0 00 USD/JPY (¥107.782) The USD/JPY is at a crossroads and traders are at the edge of their seats as the market is below the key technical level of ¥108. Should we see a daily close …

0.0 00 USD/CHF (0.9504) Resistance Levels: 0.9590, 0.9690, 0.9765 Support Levels: 0.9520, 0.9430, 0.9355 Sellers are trying to push the dollar lower in the USD/CHF Forex pair. There is a confirmed dark cover candlestick pattern and …

0.0 00 USD/JPY (¥108.77) The dollar to yen currency pair is keeping trader on the edge of their seats. The recently formed dark cloud cover, see below daily MT 4 Chart, indicates weakness ahead. We are …

0.0 00 USD/CHF (0.9587) Resistance Levels: 0.9690, 0.9735, 0.9804 Support Levels: 0.9530, 0.9430, 0.9350 The USD/CHF has formed a top just below 0.97. We note the formation of a dark cloud candlestick which suggests a correction …

0.0 00 GBP/USD (1.6051) The Sterling is trying to recover some lost ground. We are noting, on the below daily MT 4 chart, a piecing line formation. However, the move lacks strength and the new push …

0.0 00 Gold (1205.06) The yellow metal seems to have paused its move lower. We are noting a bullish reversal pattern on our daily chart below as we see what is called a piercing candlestick forming. …

0.0 00 EUR/USD (1.2548) Resistance Levels: 1.2570, 1.2690, 1.2750 Support Levels: 1.25, 1.2380, 1.2280 The EUR/USD continues to sink. Like a stone in water, we are falling through support levels and are currently at a two …

0.0 00 USD/CHF (0.9671) Resistance Levels: 0.9740, 0.9805, 0.9870 Support Levels: 0.9650, 0.9600, 0.9520 The almighty buck is pushing higher against the Swissy. The USD/CHF is now at a 15 month high with a daily close …

0.0 00 GBP/USD (1.6004) Resistance Levels: 1.6250, 1.6480, 1.6620 Support Levels: 1.6090, 1.5950, 1.5820 The Sterling continues to lose ground versus the U.S. Dollar. Today the U.K. missed its PMI estimates as the Services PMI came …

0.0 00 AUD/NZD — 1.1166 The New Zealand dollar is affectionately known as the KIWI — After the fruit, (or the bird?).  We all love that fruit!   Delicious and nutritious!   See here to understand the …