0.0 00 The EUR/USD Forex market rebounded rather strongly after dipping to a low at 1.0916 last week. This completed a fall from 1.1435. Please refer to the below 4 hour EUR/USD MT 4 chart as …
Read More »GBP/JPY – Slowly Moving Lower, Short at 192.84
0.0 00 GBP/JPY (192.493) Support Levels: 190.90, 187.84, 185.38 Resistance Levels: 192.79, 194.92, 195.88 Trade Strategy: Short at 192.84, target 190.90 The GBP/JPY is moving slowly lower after breaking the two month rising trend support, seen …
Read More »USD/CHF – Dollar Break Higher Waiting Confirmation
0.0 00 USD/CHF (0.9160) Resistance Levels: 0.9358, 0.9475, 0.96 Support Levels: 0.9202, 0.9107, 0.8955 The Dollar is preparing to bounce higher against its Swiss franc counterpart. Please see the below daily MT 4 daily chart and …
Read More »USD/CHF – Bottom Formed Near 0.90 as Dollar Inches Higher
0.0 00 USD/CHF (0.9281) Resistance Levels: 0.9475, 0.96, 0.9722 Support Levels: 0.9320, 0.9226, 0.9070 The USD/CHF has turned higher. It would seem the Dollar has carved out a bottom just above the 0.90 pivot. Please see …
Read More »USD/JPY – Can Trend Line Support Continue to Hold?
0.0 00 USD/JPY (119.846) Resistance Levels: 120.80, 121.54, 122.30 Support Levels: 119.30, 118.80, 118.01 The USD/JPY fell lower for three straight days. The fall has apparently ended as the US Dollar found support at the trend …
Read More »AUD/USD—The Recovery Stalls Below the 0.80 Pivot
0.0 00 AUD/USD (0.7891) Resistance Levels: 0.7992, 0.8075, 0.8120 Support Levels: 0.7868, 0.7805, 0.7740 Taking a quick look at the AUD/USD Forex pair this morning, we are noting the three day correction higher has come to …
Read More »USD/CAD—Trading Quietly Below the 1.20 Pivot
0.0 00 USD/CAD (1.120) Resistance Levels: 1.2075, 1.2205, 1.2308 Support Levels: 1.1995, 1.1865, 1.1760 The USD/CAD continues to drift lower. The UD Dollar is trading below the 1.20 pivot and swing high. Please see the below …
Read More »USD/JPY—Trading Near Technical Level as the USD Breakout Comes Under Threat
0.0 00 USD/JPY (119.312) Resistance Levels: 120.80, 121.54, 122.30 Support Levels: 119.34, 118.77, 118.01 The Dollar has been in retreat against the yen for three days in a row. Please see the below USD/JPY daily MT …
Read More »EUR/USD – Sellers Eyeing Support Below the 1.10 Pivot
0.0 00 EUR/USD (1.1230) Resistance Levels: 1.1270, 1.1518, 1.1665 Support Levels: 1.0981, 1.0792, 1.0488 The euro is trying to form a bearish Evening Star candlestick and turn lower against its US Dollar counterpart. Please see the …
Read More »USD/JPY—The US Dollar Breaks Above the Falling Trend Line
0.0 00 USD/JPY (120.038) Support Levels: 118.70, 118.31, 117.51 Resistance Levels: 120.67, 121.40, 122.37 The US Dollar has secured itself above the falling trend line. See the below daily MT 4 chart. This comes after the …
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