GBPJPY Weekly Technical Analysis (1-5 June,2015)
NZDUSD Weekly Technical Analysis (1-5 June,2015)
EURGBP Weekly Technical Analysis (1-5 June,2015)
EURJPY Weekly Technical Analysis (1-5 June,2015)
AUDUSD Weekly Technical Analysis (1-5 June,2015)
GBPUSD Weekly Technical Analysis (1-5 June,2015)
The selloff in the Kiwi has been stunning over the past few weeks, but I think it may be overdone on the higher forex timeframes. Is EUR/NZD the best way to play Kiwi long again? The setup is pretty simple. The market has bounce back up to the 200 day moving average, which happens to line up with several different technical arguments that could possible draw in...
EURUSD looks as though it may once again fall under heavy selling pressure to end the week. After an 860 pip rally from the April 13th low, the most liquid currency pair in the world finds itself struggling at the 1.1260 key handle for the third time this month. At the moment the pair is carving out what appears to be a head and shoulders pattern on the 4 hour...
I make fast PRICE ACTION photo. GBPNZD Breaks a Four-Year Resistance Level
Here we can see that the pair has been in a down trending channel for some time. Now is on extremely strong support. Stop loss is only 40 pips. Take profit 1 is on 23.6% FIB.