


CADJPY on the verge of achieving bearish daily closing below support line ...
Despite the sharp inclines seen on the GBPUSD pair, but actually, prices have been dominated by a fine Fibonacci rhythmic as seen on the provided eight-hour graph. Read More: www.fxcomment.com
Wrote yesterday, “EURGBP still aiming to inch lower” depending on all negative signs appeared over daily studies and we should have been able to clear 0.7200 psychological. Read More: www.fxcomment.com
In our previous technical comment of the GBPAUD pair (published on June 12), we have suggested strong upside wave after stabilizing above the psychological level of 2.0000. Read Full Article: www.fxcomment.com
Daily studies of CADJPY show that, the pair has been topped out in the 101.00 zones where it declined, influenced by facing the median line of pitchfork channel. Read More: www.fxcomment.com
The eight-hour chart of the EURGBP pair shows that, prices have been trapped within a narrow range since the opening of this week. Read More: www.fxcomment.com
The daily graph of the GBPCHF pair, we can see how prices have been trapped between 23.6% and 38.2% Fibonacci levels, while struggle continues around SMA20. Read More: www.fxcomment.com
I wrote on June 04 that, the USDSEK pair was on its way to re-experience the support of 8.17895 due to the negative pressures appeared over daily studies. Read More: www.fxcomment.com Previous Analysis: www.fxcomment.com
In our previous technical comment for the EURCHF pair, we suggested potential upside actions, but that was in one condition. Read More: www.fxcomment.com Previous Analysis: www.fxcomment.com
After long time of consolidation, the GBPAUD pair has been able to take out the resistance line which meets the psychological level of 2.0000 as seen on the provided daily chart. Read More: www.fxcomment.com
Wrote yesterday that “Bears charging at strong resistance”, as the EURAUD pair has been stopped by the resistance of 1.48 figure. Read More: www.fxcomment.com Previous Analysis: www.fxcomment.com
Having a look at the weekly chart of AUDNZD pair, we easily can see how the pair has stabilized above the median line of pitchfork channel as previously anticipated. Read More: www.fxcomment.com Previous Analysis: www.fxcomment.com
In our previous technical analysis for the NZDUSD pair, we have suggested bearish tendencies based on the negative technical factors appeared over monthly studies. Read More: www.fxcomment.com Previous Analysis: www.fxcomment.com
Chart Setups: 1- The clue for short-term traders resides at 136.20. 2- SMA50 started to cover the recent bearishness as well. 3- Soft Target is 132.50 followed by 131.60. 4- Using sell stop order at 136.10 could be better. 5- In case of activation, place your stop loss at 138.85. Amir El-Araby E-mail: aburodayna@gmail.com Skype: abu_dodda Twitter:...
Chart setups: 1- Bearish acceleration after putting in a reversal candlestick-shooting start- drawn on April 10. 2- Slant negative divergence formed on MACD. 3- Breakout below SMA20. 4- Strong bearish reversal affirmed by Vortex. 5- Parabolic SAR signals a new trend coverage. Trading Strategy: Place a sell stop at 0.8535 with targets at 0.8320 -61.8% Fibonacci- of...
GBPNZD: Classical and harmonic structures signaling additional recovery Chart Setups: 1- Bullish harmonic pattern. 2- Potential inverse head and shoulders pattern with a confirmation line in the 1.9500 regions. 3- Prices are being carried by SMA20 from the underside. 4- Fibonacci retracement of 23.6% of CD leg was taken out, opening the door up towards 38.2%...
Chart Setups: 1- Bullish AB=CD formed with PRZ meeting 76.4% of the entire upside wave from 1.2335 to A point at 1.2525. 2- Slant positive divergence drawn on Stochastic. 3- Bullish candle "Piercing pattern" formed at the aforementioned Fibonacci confluence. Stop loss just 30 pips below D level at 1.2415