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The USDJPY is a beast at present. The pair looks like has bounced back up from the 101.30 level, which is a very important support level. The pair managed to bounce back from this support region a lot of times. If this bounce is true, then the pair might trade higher in the coming sessions, and...

There are high chances that the pair might continue to trade higher in the coming days. However, I think the pair is at a very critical juncture. The pair has failed to gain the upside momentum a couple of times, and one says that "what cannot go up must go down". So, the coming days are very...

The GBPUSD pair finally managed to climb higher. I was expecting the pair to climb above the 1.6660 level, but the bulls were seen aggressive, as they took the pair above the 1.6700 level. Now, there can be some pullback from the current levels, and then we can witness one more ride up in the...

The pair again blasted higher in the Asian and European session. The bulls simply do not want to give up easily. They eagerly want a test of the 1.40 level in the short term. It would be very interesting to see the reaction around or above the 1.40 level. Can you see the massive trend line on...

The EURUSD is seen under some pressure today. The pair did break the 1.3850 support level, and traded lower. The 1.3820 is the next major support level, and one can expect a major reaction around this level. Is anyone looking to buy around this level? I am considering to go long, so was looking...

You are correct. The pair did break higher. I was monitoring a down-move trend, as can be seen in the daily chart shown below. I went long on the break. This is a critical break, in my opinion. I am expecting further gains in the pair in the short to medium term. I am looking for at least a test...

The EURUSD made fresh highs above the 1.3900 level earlier during the day. The pair simply killed the bears and traded higher. However, after the encouraging US NFP data, the pair has dipped towards the 1.3850 level. The pair is consolidating at the moment, and I think we will witness the same...

You all guys are champ. I am the only one who missed the train. Actually, I was keeping a close eye on the EURUSD, and that is the reason why I never paid attention to the NZDUSD pair. This is a nice break for the pair. The bulls must have been enjoying this ride. However, the pair is now coming...

GBPUSD is struggling to take out the 1.6740 level again. This is the third attempt to break the same level. I think the buyers will break it in the next attempt. The range trading is very annoying at times. There is no major move by the pairs. The GBPUSD is also stuck in a range, Let's see...

I am glad to know that you guys are also long EURGBP. I am also looking to enter long trades in the short term. However, as shared in the chart, I am waiting for the wedge trend line and resistance combination to be breached before entering into a buy trade. I think the 50% retracement level of...

I see only range trading for the AUDCAD for some time now. The pair has a massive support at around the 0.9800/20 levels, and at the same time the pair has a monster resistance at around the 1.0010/00 levels. So, the pair has to clear one of them for a directional move. The RSI is below 50 on...

A good write up, I must say. I liked the fact that you guys took this opportunity to warn the investors about the possible damage. So, a round of applause for the same. The situation in the Ukraine is deteriorating. I just read on one of the news wires that the "Russian fleet has given Ukrainian...

GBPUSD is again trying to break the 1.6740/50 level. Let's see whether the pair can manage to break and close above this level or not. I will be waiting for a break to trade this pair.

I have a slight different view on the AUDUSD pair. You have plotted an up-move trend line, and I am following a down-move trend line. There is a down-move trend line, which has held the AUDUSD pair a number of times. The recent failure at around the 0.8990 level also came around the same trend...

USDJPY looks bullish to me. A strong bounce noted after the solid new home sales data. Let's see if the pair can manage to break the 102.40 level or not.

I agree with you on this one. I was also looking at the NZDJOY pair chart, and noted few things, which I would like to share with you guys. I clearly see a 100 pips range for the pair between the 84.70 to 85.70 zone. The 84.70 is acting as a support for quite some time now, and on the other...

It is a very interesting chart. However, you are following a down-move trend line, and I am following an up-move trend line. You can have a look at the chart I have attached below. This up-move trend line has acted as a support for more than four times. This is a critical trend line, in my...

GBPUSD is consolidating in a range, in my opinion. We need to see a break before considering selling. I am watching 1.6630/20 level for a break.

Anytime sanjusharmaDHP. I am glad that the analysis was useful. Most important thing is that it saved some bucks. However, we need to be careful here in the short term. As I shared earlier, there is a channel forming. The upper resistance zone proved vital, and now the pair is coming close to...

GU teaching bears a lesson :)