0.0 00 GBP/JPY (188.425) Support Levels: 187.86, 185.38, 182.90 Resistance Levels: 190.90, 192.80, 194.32 Trade Strategy: Short at 192.84 The GBP/JPY Forex market has resumed its downtrend. Please refer to the below GBP/JPY daily MT 4 …
Read More »USD/CAD – Taking a Long Position at 1.2648
0.0 00 USD/CAD (1.2712) Support Levels: 1.2617, 1.2525, 1.2450 Resistance Levels: 1.2770, 1.2923, 1.3015 Trade Strategy: Long at 1.2650 The USD/CAD continues to inch higher. The Loonie is now aiming to challenge a key barrier that …
Read More »GBP/USD – The Sterling is Testing the 3 Month Trend Line Support
0.0 00 GBP/USD (1.5586) Support Levels: 1.5542, 1.5407, 1.5248 Resistance Levels: 1.5608, 1.5730, 1.5930 Trade Strategy: Stand Aside The Sterling in the GBP/USD Forex market, turned lower and fell. This was expected after forming a bearish …
Read More »USD/JPY – A Range Breakout Could Happen
0.0 00 USD/JPY (122.667) Support Levels: 122.35, 121.55, 120.51 Resistance Levels: 123.17, 124.20, 123.82 Trade Strategy: Stand Aside Let us look at a Forex market, either than a euro pair, that also being affected by what …
Read More »Video: EUR/USD – Key Support Levels Being Eyed Below 1.10
0.0 00 The EUR/USD has recovered some of the recent gap lower but is still struggling to climb back above the rising trend line set back in mid April. Technical Analysis Today’s technical analysis sees a …
Read More »NZD/USD – The Kiwi Continues to Crawl Along the Channel Bottom
0.0 00 NZD/USD (0.6696) Support Levels: 0.6648, 0.6567, 0.6457 Resistance Levels: 0.6705, 0.6788, 0.6922 Trade Strategy: Stand Aside The NZD/USD continues to crawl lower, following the bottom line of the falling channel and has followed this …
Read More »The Greeks say “NO!!!”
0.0 00 The vote is in. The people of the nation of Greece, civilizations first democracy, has no to further bailouts and austerity. A resounding 61.3 percent of the people said no and only 38.7 percent …
Read More »Video: AUD/USD – The Australian Dollar Falls Below the Range Bottom
0.0 00 The AUD/USD has been inching lower and testing the familiar range floor bottom since forming a three inside down candlestick. Technical Analysis For today near term support is at the key pivot of 0.75. …
Read More »NZD/USD – Kiwi Selloff Hits Wall at Channel Floor
0.0 00 NZD/USD (0.6716) Support Levels: 0.6661, 0.6567, 0.6457 Resistance Levels: 0.6788, 0.6922, 0.7010 Trade Strategy: Stand Aside It has been awhile since I have looked at my Kiwi Dollar charts. Quite frankly, I need a …
Read More »EUR/JPY – Quiet Trading Around the ¥136 Pivot
0.0 00 EUR/JPY (136.406) Support Levels: 135.95, 133.09, 131.06 Resistance Levels: 137.98, 139.46, 141.24 Trade Strategy: Stand Aside The EUR/JPY had been on a steady rise higher, then reversed course and gapped lower, thanks to Greece. …
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