Category Archives: Forex Technical Analysis
EUR-USD Looking for Direction
The most liquid currency pair, the EUR-USD, has been sending many mixed signals lately. After reaching a high of 1.3330, this pair pulled back to 1.2600.
CAD/CHF Forming Possible Head and Shoulders
On Wednesday, the Bank of Canada boosted its interest rates to 1 percent from 0.75 percent, making it a third increase in a span of four month. In response, the Canadian Dollar rallied strongly against other currencies, including the Swiss Franc.
Cable- How Long Is This Ranging Going To Last?
Although cable seems to want to push back up again and continue the uptrend of July, having a look at the markets there seems to be not enough steam to move the pair forward. Positive news is helping some weak rebound but to soon again find resistance and fall back off, sometimes even at a [...]
Is USD/JPY Rebound For Real?
The major down trend in USD/JPY continues. Earlier in the week, this pair made another 15 year low at 83.34 and large-scale charts show no signs of a trend reversal yet. However, on smaller time frames the Dollar appears to be regaining some strength. Is it for real?
GBP/CHF Testing Bottom of a Trading Range
So far in 2010, the GBP/CHF has remained in wide trading range, between 1.5785 and 1.7105. This is best visible on weekly charts and gives this pair an appearance of non-action. However, this congestion zone is wide enough for trading opportunities on smaller time frame charts, including the daily graph.
AUD/USD Next To The Trendline
The AUD/USD is still in an uptrend, as judged on basis of technical analysis. The price is above the 100 SMA and the up trendline, too. Last week, this pair rebounded from a conjunction of both of these lines, finding a support at 0.8770.
USD/CAD and the Stochastic Indicator
Over last few months, the USD/CAD has been moving sideways. It has not made any meaningful high or low since late May, when it reached 1.0852. Since then, the price oscillated in a range between 1.0680 and 1.0105.
GBP/JPY in Holding Pattern
So far this week, the Japanese Yen, and all its crosses have been very volatile. They sold off significantly for 2 days following the emergency Bank of Japan policy meeting and recovered to some degree on Wednesday. This recovery ran into a stiff resistance though, and currently the JPY pairs are in a “no man’s [...]
Decision Time for AUD-JPY
Recently, currencies have been subjected to a series of wild swings in public sentiment. Seemingly, every few days the perception switches from a “flight to safety” to a “pursuit of risk”. One of the best examples of this wavering opinion is the AUD-JPY.
September 7th 2009: Weekly chart of CAD-JPY
Just like the other currencies, the Canadian Dollar has sold off considerably against the Japanese Yen lately
NZD/USD Testing Support
Since early July, the NZD/USD has been drifting lower, a move that gained momentum couple of weeks ago, and undercut the minor low of 0.7027. The price found support at 0.6996.
How High Will CAD/JPY Rebound?
On Tuesday, the Japanese Yen experienced a strong rally. All of JPY pairs broke through important supports and moved anywhere from 100 to 300 pips. During the New York session, this move ended and new supports were formed.
USD/JPY At Key Level
Finally, after couple of weeks of trying, the USD/JPY broke through the 84.70 support and made new 15 year low. It dropped 83.58 before a correction set in.
EUR/GBP Still Quiet, But For How Long?
One of the currency pair that has been lacking significant attention recently is the EUR/GBP. That could change soon.
Trading in Emerging / Exotic currencies increased
Trading in Emerging / Exotic currencies increased The long wait is over! The Bank for International Settlements (BIS) has just released the results of its Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity, conducted in April 2010. The report contains a treasure trove of data, perhaps enough employs analysts, will be released [...]
Der Handel in Emerging / Exotische Währungen erhöht
Der Handel in Emerging / Exotische Währungen erhöht Das lange Warten ist vorbei! Die Bank für Internationalen Zahlungsausgleich (BIZ) hat soeben die Ergebnisse seiner Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity, im April 2010 durchgeführt freigegeben. Der Bericht enthält eine wahre Fundgrube von Daten, vielleicht genug, um Analysten beschäftigt, bis zum [...]
Australien Dollar Ebbs und fließt mit Risk
Australien Dollar Ebbs und fließt mit Risk Wenn Sie den Kurs des australischen Dollars in den letzten zwölf Monaten neben den S & P 500 Chart, die Überlappung Erschütterungen. Sie können aus der Tabelle unten, dass die beiden Linien und Zickzack in fast perfektem Einklang zu sehen. Es scheint, dass es einen leichten Bruch im [...]
AUD/USD Next To The Trendline
The AUD/USD is still in an uptrend, as judged on basis of technical analysis. The price is above the 100 SMA and the up trendline, too. Last week, this pair rebounded from a conjunction of both of these lines, finding a support at 0.8770.
USD/CAD and the Stochastic Indicator
Over last few months, the USD/CAD has been moving sideways. It has not made any meaningful high or low since late May, when it reached 1.0852. Since then, the price oscillated in a range between 1.0680 and 1.0105.
Daily Forex-Analyse – 1. September 2010
AUDUSD Analysis. AUDUSD bildeten einen Kreis um 0,9029 top level auf 4-Stunden-Chart. Range zwischen 0,8771 und Handel 0,9029 ist in ein paar Tagen erwartet. Key Widerstand bei 0,9029, ein Ausbruch über dieses Niveau werden zeigen, dass der Rückgang von 0,9221 auf 0,8771 ist bereits abgeschlossen, dann weiter in Richtung 0,9221 steigen früheren hohen sehen konnte, [...]
3 Gründe, jetzt ist nicht der Zeitpunkt, in Aktien zu Spekulieren
3 Gründe, jetzt ist nicht der Zeitpunkt, in Aktien zu Spekulieren Von Elliott Wave International Wenn es sonnig ist, Sie außerhalb Kopf, ohne einen Gedanken, aber wenn es regnerisch ist, schauen Sie für Ihr Dach. Wenn die Märkte sind bis Trending, müssen Sie nicht über Ihre Investitionen viele Sorgen machen, aber wenn die Märkte drehen [...]
GBP/CHF Testing Bottom of a Trading Range
So far in 2010, the GBP/CHF has remained in wide trading range, between 1.5785 and 1.7105. This is best visible on weekly charts and gives this pair an appearance of non-action. However, this congestion zone is wide enough for trading opportunities on smaller time frame charts, including the daily graph.
Short-term Breakout Is Likely In NZD/JPY
With a lot of attention on USD/JPY, the other crosses of the Japanese Yen are quietly building chart patterns, which will likely lead to directional price movements. One example is the NZD/JPY.
GBP/USD: A Rally In The Making
The Pound had seen the greatest amount of volatility coming behind the BOE minutes. Despite the fact that the BOE minutes came nothing short of predictable, with merely Andrew Sentence dissenting, the Pound gained strength.
Daily AUD/USD chart with Head and Shoulders
The Australian Dollar has resided in the realm of uncertainty over the last few weeks. Even though the Aussie’s fundamentals are positive, the currency has been responding unfavorably to other international news.
GBP/USD – Where is it Heading Now?
Cable has been trending up again since beginning of June this year after a sharp fall from 1.5400 region to the impressive bottom reached around 1.4280.
USD-JPY Seemingly Undecided, but Drifting Lower
The Japanese Yen has been getting a lot of press lately. It has been getting stronger, undercutting the 84.80 low from last against the US Dollar and dropping to the lowest level for USD-JPY in 15 years, if only briefly.
Is EUR/CHF Oversold?
Fears of renewed quantitative easing made money flow into the Japanese Yen and the US Dollars, seen as “safe havens”. Largely unheralded, the Swiss Franc also became the beneficiary of this new risk aversion.
NZD/USD Testing Support
Since early July, the NZD/USD has been drifting lower, a move that gained momentum couple of weeks ago, and undercut the minor low of 0.7027. The price found support at 0.6996.
How High Will CAD/JPY Rebound?
On Tuesday, the Japanese Yen experienced a strong rally. All of JPY pairs broke through important supports and moved anywhere from 100 to 300 pips. During the New York session, this move ended and new supports were formed.
USD/JPY At Key Level
Finally, after couple of weeks of trying, the USD/JPY broke through the 84.70 support and made new 15 year low. It dropped 83.58 before a correction set in.
EUR/GBP Still Quiet, But For How Long?
One of the currency pair that has been lacking significant attention recently is the EUR/GBP. That could change soon.