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FX_IDC:GBPEUR There's no question that Sterling has lost a lot of it's value this past year against most crosses, but when measured since 2000 against the out of favour Euro, it's quite evident that there is something bigger going on here. The 2008 financial crisis was an attempt to breath life into this waning pair, only to see it short lived by last year's...

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FX_IDC:USDJPY Price action direction on the 4 hr time frame is downward & likely to gain momentum as other cross pairs ; AUDUSD, EURUSD, begin to revive against USD. Technically, I've selected two peaks, both Jan 2nd and Jan 9th, as starting points to show the downward sloping trend line, thus confirming the downward pricing direction. Pivots points seen at...

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FX_IDC:EURUSD Price action in the 240 minute time horizon remains range bound between $1.0350 & $1.0650 since December. However, upward sloping trendline from December lows show price continuation ascension towards the upper price range.

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FX_IDC:EURUSD Pivot points seen at $1.0490, $1.0519, $1.0603, & possible target to $1.0859. The white trendline says it all ; upward sloping with directional trend challenging the channel range of $1.0603. The previous 5 sessions saw a weakening USD causing most commonwealth pairs to reverse their downward trends & to build from current levels. A further...

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FX:EURUSD Pivots points at 1.0596, 1.0492 & 1.0374.

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FX:GBPUSD The Pound continues to retrace in an orderly course puncturing post Brexit lows. Looking at the weekly horizon post flash crash low is now the new trough connecting prior peaks beginning July 2014 extending into July 2015, as indicated by red trend line. Price action is set to bounce from the consolidation range from 1.2170 level and seeking follow...

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FX:GBPUSD Price action on the daily has continued to move along the downward sloping purple trend line lately while staying above the medium upward sloping yellow trendline set in August. Note, there are 2 upward trendlines, of which one was breached below since Sept 19th and it appears that price action is set to challenge the next depicted in yellow. Major...

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FX:EURUSD Weekly price action has been respecting the yellow trend line since late July indicating a further advancement is in the works. Possible breakout above the downward sloping trendline could see price action move towards 1.1300 level & challenging previous highs set at 1.1367 in mid August.

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FX:GBPUSD Price action set to retest the newly formed intermediate rising trend line connecting both troughs created in Aug 15 & Sept 20th formation pattern shown in yellow. However, a shorter term declining trend line, shown in purple, continues to emerge as price action is unable to puncture above this trendline. Furthermore, a medium term downward sloping...

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FX:USDCHF U Decided...but this graph either on weekly, daily, or 4 hourly, shows this pair is at a crossroad.

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FX:GBPUSD Price action on the 4hr time frame continues to show resiliency except for last friday's session where algorithms started stop hunting longs through out the days session. I'm not worried, because 1.3048 support line has held in the past & a reversal may be in the works in the coming sessions. Looking for an upward reversal to retest the upper range of...

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FX:AUDUSD This pair has been on a steady upward trajectory since late June as shown by by the 23MA having crossed above the 52 day MA. However, the 23MA is starting to show some weakness and is about to cross over to the down side should we see a further retracement of price action as we haveseen over the past few trading sessions. Is it time to go short ? I...

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FX:USDCAD The daily price action continues to move below the downward sloping trend line connecting the peek set in late July to late August, but giving the appearance of sideways movement within a range between 1.2800 to 1.3100. This is supported by the daily 23MA steadying below the 53MA showing a weakening trend for this pair. As long as the price action...

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FX:EURUSD The price action on the daily time frame continues to stay above the yellow upward sloping trend line indicating a possible upward breakout is likely to happen. This was seen in the past two sessions where it briefly punctured to 1.1335 level only to give back it's gains. The retracement seen in Friday's session was just an attempt to weed out the Longs...

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FX:GBPUSD Participants who had Long set-up positions earlier in the week to capture some expected gains have had their positions forced out in Friday's session by algorithms attempting to force down this pair towards lower levels. In fact, affected cross pairs like ; USDCAD0.58% , AUDUSD-0.75% , EURUSD-0.77% all experienced similar patterns by the algorithmic...

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FX:EURUSD Expecting further retracement after Friday's pullback as politics set the tone for this pair. Possible recoiling towards 1.1066 and failure to hold this level will see it test 1.0966. However, this pair is in a bullish weekly trend & I would not be surprised of a resumption towards upper ranges. For now, long stop hunting is in motion to weed out as...

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FX:EURUSD This pair has been on rally mode since last week and is likely to push higher, way higher. The reason maybe attributed to a weakening USD perception to lift ALL cross pairs for the time being. Friday's USD strength was just a fake out to counter Long setups into next week. Trigger those stops before continuing higher !! LOL! Also, a pullback scenario...

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INDEX:DXY On the weekly time horizon, US dollar index forming a tree stump pattern formation indicating a bearish signal price drop expectancy of 0.80 from current levels. Failure to hold above intermediate support levels of 0.9114, could signal a dramatic pullback towards the 80's similar to 2012 levels. Fair warning to leveraged traders...