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The USDJPY attempted to push lower yesterday, bottomed at 89.98 but whipsawed to the upside and closed higher at 90.74. This fact indicating that potential upside pressure is still alive and kicking with the lower line of the bullish channel remains potential resistance area to be tested. On the...

Similar to EURUSD and GBPUSD, the USDCHF was indecisive yesterday. On my h4 chart below we can see that the pair still struggling around the lower line of the range area at 1.0166. I think we are in no trading zone now. Technically I still prefer a bearish scenario after false breakout on...

The EURJPY attempted to push lower, slipped below my trendline support, bottomed at 133.35 but whipsawed to the upside and closed higher at 134.95. Another technical mess Although this fact indicating potential upside scenario with 136.08 as potential target, I still prefer to stand aside for...

The GBPJPY attempted to push lower yesterday, bottomed at 148.52 but whipsawed to the upside and closed much higher at 150.42, formed a Doji on daily chart indicating indecisive market. In nearest term, I think the bias is more to the upside, but as you can see in my daily chart below, price...

The AUDUSD attempted to push lower yesterday, bottomed at 0.9023 but whipsawed to the upside and closed higher at 0.9096, formed a Doji on daily chart indicating indecisive market. On h4 chart below we can see that the pair still able to stay above the trendline indicating bullish scenario still...

On Thursday the pair did break below support at 1.4820 but was rejected by 1.4800. This resulted in a push above the 1.4860-1.4870 level which triggered the test of the recent highs at 1.4900. It failed to push above 1.4920 which is the next breakout level. The pair currently sits at 1.4867...

After a sharp drop from 1.0852, USDCAD consolidates in a narrow range above 1.0594. Another fall is expected after consolidation and next target could be at 1.0400 area. Resistance level is now at 1.0735, and key resistance is located at 1.0852, only rise above this level will indicate that the...

FX Technical Commentary Euro 1.4875 Initial support at 1.4702 (Nov 4 low) followed by 1.4626 (Nov 3 low). Initial resistance is now located at 1.4917 (Nov 5 high) followed by 1.4927 (Oct 27 high) Yen 90.85 Initial support is located at 89.99 (Nov 5 low) followed by 89.20 (Nov 2 low)...

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nice tip thanks for sharing

EUR/USD Today’s support: – 1.4760, 1.4726, 1.4692 and 1.4672(main), where correction is possible. Break would give 1.4648, where correction also may be. Then follows 1.4623. Break of the latter would result in 1.4598. If a strong impulse, we would see 1.4580. Continuation will give 1.4548...

EURJPY EURJPY closed @ 13490 which was ABOVE the open and breached the previous day’s high. The High was 5 pips from Precise Trader’s Res Tgt 3 and the Low was PRECISELY at Precise Trader’s Sup Tgt 1. The Hourly Oscillators are Turning Bearish and the price is Within the MA, so the Bulls have...

USDCHF USDCHF closed @ 10165 which was BELOW the open and breached the previous day’s low. The High was 5 pips from Precise Trader’s Res Zone 1 and the Low was 5 pips from Precise Trader’s Sup Zone 5 (U Turn Zone). The Hourly Oscillators are Bearish but Weak and the price is Below the MA, so...

EURUSD EURUSD closed @ 14865 which was ABOVE the open and breached the previous day’s high. The High was PRECISELY at Precise Trader’s Res Tgt 2 and the Low was 5 pips from Precise Trader’s Sup Zone 1. The Hourly Oscillators are Bullish and the price is Above the MA, so the Bears have to be...

Daily Technical Analysis Nov 03 09 EURUSD Outlook The EURUSD continued it’s indecisive movement yesterday. On my daily chart below we can see that the pair still struggling around the trendline support area. Basically, the trendline support remains my key technical focus at this...

thanks nice share

EUR/USD Daily Technical Reports EUR/USD-market strategy can be a buy from the level 1.4775$ Technical oscillators supporting the bullish trend for the currency pair To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence)...

USD/JPY Daily Technical Reports USD/JPY-market strategy can be a sell form the level 90.21 Technical oscillators supporting the bearish trend for the currency pair To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we...

GBP/USD-market strategy can be a buy from the level 1.6403$ Technical oscillators supporting the bullish trend for the currency pair To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD lines are in a bullish...

USD/CHF-market strategy can be a sell from the level 1.0218 Technical oscillators supporting the bearish trend for the currency pair To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD lines in a bearish...