0.0 00 The GBP/USD pair initially fell during the course of the session on Monday, dipping as low as 1.51 during the pullback. However, you can see that the buyers stepped back into the marketplace, and …
Read More »USD/JPY—Looking to Move below the Pivot at ¥118
0.0 00 USD/JPY (¥118.259) Resistance Levels: 119.40, 120.80, 121.90 Support Levels: 117.90, 117.05, 115.50 Trading Strategy: Stand aside The USD/JPY continues to trade in a tight range just below the key pivot at ¥120 and …
Read More »AUDUSD – Auzzies are flying south for their summer
0.0 00 The AUSUSD currency pair is currently trading in a downtrend at 0.816 range. Looking at the daily we see that the pair has actually moved up over the past couple and this chart could …
Read More »GBP/JPY—Treading Water Below ¥180
0.0 00 GBP/JPY (179.325) Resistance Levels: 180.70, 181.64, 183.20 Support Levels: 179.40, 178.45, 176.90 Trading Strategy: Stand Aside The GBP/JPY continues to digest recent losses just below the key technical handle of ¥180 and just above …
Read More »EUR/GBP—Setting up a Short trade at 0.7840
0.0 00 EUR/GBP (0.7822) Trade Strategy: Short at 0.7840 Resistance levels: 0.7869, 0.7890, 0.7925 Support Levels: 0.7805, 0.7760, 0.7728 The euro is getting ready to move lower against the British Pound once again. Let’s look at …
Read More »EUR/USD—Sellers Still Dominate and take out the Bottom from 2010
0.0 00 EUR/USD (1.1824) Resistance Levels: 1.1930, 1.2080, 1.2175 Support Levels: 1.1778, 1.1685, 1.1610 Strategy: FLAT I know, I have been all over the EUR/USD the last month and a half. For a short opportunist, like …
Read More »AUD/USD—The Ozzie is Still Looking for Direction
0.0 00 AUD/USD (0.8072) Trade Strategy: FLAT Resistance Levels: 0.8095, 0.8215, 0.8290 Support Levels: 0.8020, 0.79, 0.7805 The AUD/USD Forex pair continues to oscillate in a tight trading pattern just above a key pivot at 0.80. …
Read More »Video Analysis—EUR/USD Now at a Pivotal Point on the Charts
0.0 00 Trade Strategy: FLAT Resistance Levels: 1.2080, 1.2170, 1.2250 Support Levels: 1.1876, 1.1776, 1.1685 The Euro is now trading below a five year low versus the U.S. Dollar and is at a pivotal point on …
Read More »USD/JPY— Stuck in a Tight Trading Range
0.0 00 Trade Strategy: Flat USD/JPY (¥119.05) Resistance Levels: 120.80, 121.90, 123.85 Support Levels: 119.40, 117.90, 115.50 The USD/JPY continues to trade in a tight range that we have seen since it tried to crack the …
Read More »USD/CHF—Still Waiting to Go Long on the Swissy, actually Standing Aside
0.0 00 Trade Strategy: FLAT USD/CHF (1.0055) Resistance Levels: 1.0120, 1.0184, 1.0240 Support Levels: 1.0010, 0.9905, 0.9836 The almighty buck is continuing to move higher versus the Swiss franc. We are back above parity for the …
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