ToniSignals

ToniSignals Updated 

USDJPY has traded into channel resistance prior to the USD Non Far Payrolls (NFP). NFP shows the number of new jobs in non farming sectors. Technically the pair is at channel resistance, and the RSI has given a sell signal. We anticipate continued downside into 110.76.

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EURGBP has formed a triple top pattern prior to the GBP consumer confidence data, which shows the confidence of consumers in the economy and helps forecast consumer spending. Technically the pair has formed a triple top pattern at resistance, and we anticipate downside.

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ETH at box range support area.

ToniSignals

EURUSD is finding a fair bit of downside following the Fed announcing they have changed their interest rate outlook. The fed announced it's projections to change rates in 2023 instead of 2024 on Wednesday, and as a result the USD is back as king. Surprise surprise, the currency of global trade and debt is making a comeback. If you had seen our USDCHF monthly pivot...

ToniSignals Updated 

USDCHF is trending to the downside, and we anticipate the movement to continue to recent lows. The CHF unemployment rate data is to be released within the hour, showing the number of people unemployed domestically. Technically the pair has broken trendline support and rejected upside, and we are looking for downside into the 0.8940 level.

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AUDCHF has been on the recovery from 2020's bullrun throughout 2021 so far. That said, key monthly pivot levels sit just below price, and we may see another bull run commence from these levels. Watch out for these pivots!

ToniSignals Updated 

GBPJPY is at support prior to the GBP Markit Construction PMI data, which shows business conditions in the UK construction sector. Technically the pair is holding trendline and structure support currently, and we anticipate upside into the 156.4 level.

ToniSignals Updated 

EURUSD is trading into support today prior to the USD Durable Goods orders data. Technically the pair is coming back to retest the trendline and the structure zone as support. We anticipate upside today into the 1.2270 level.

ToniSignals Updated 

NZDUSD is finding resistance prior to the USD personal income data, which shows the total income for individuals domestically. Technically the pair has found resistance around the significant 0.7300 level after the daily chart broker bullish structure. The 0.7300 region is a strong resistance zone, and we anticipate downside. The PPO has also given a bearish cross.

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What do you think?

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TRXUSD has made a recovery out of the 200 MA, structure and the fibonaci level. Upside looks very promising, and analysts have predicted TRX going to 0.93 USD by the end of 2025, over a 1000% gain from where it currently is!!

ToniSignals

GBPJPY is trending to the downside today prior to the GBP retail sales data, which measures the total receipts of retail stores domestically. Technically the pair has done a break and retest of the support trendline, and the PPO is doing a bearish cross. We anticipate a retest of support at 153.35.

ToniSignals

EURAUD looks primed for long term upside. The PPO has given a bullish cross, price has bounced from a monthly pivot and the trendline.

ToniSignals

In forex the base currency is the first currency mentioned in the symbol (the first 3 letters). The quote currency is the second currency mentioned in the symbol (last 3 letters). The base currency is being given a 'quote' in the quote currency quite simply, saying that if you hold one base currency you will receive x amount of quote currency. If you take a buy...

ToniSignals

EURGBP has formed a double bottom prior to the German Wholesale Price Index, which shows value of sales made by wholesalers in Germany. Technically the pair has found support at the previous lows, indicative of a double bottom pattern and the PPO has given a bullish cross, which is a bullish signal. We anticipate a move into the 0.8660 level.

ToniSignals

USDCHF is at a monthly pivot level (all blue lines monthly pivots). Price has broken the downtrend. We could see upside from this key level.

ToniSignals Updated 

EURNZD has ran into a topside resistance, we are looking for a break of the 1.6780 level for downside into the support at 1.6656.

ToniSignals Updated 

USDCAD has traded into a key support, in a descending wedge, which is typically a bullish continuation pattern.