Nov 18 2014 @ 17:19
The AUDUSD continues to find dynamic support on the 200 SMA on the H1 chart. The AUDUSD is trying to make a breakout in the daily pivot point level of 0.8732, to climb to the resistance level of 0.8770 during today’s session. However, the AUDUSD takes a pullback at current levels, it would be expected […]
Nov 17 2014 @ 16:15
The EURJPY has completed the bullish gap and now this pair is below the daily pivot point level of 145.27. The EURJPY is confronted to a strong support level at 144.72, where the pair may have a bullish momentum to consolidate above the pivot point and climb to the resistance level of 146.24 in the […]
Nov 11 2014 @ 17:19
The NZDUSD had a strong bullish momentum during yesterday’s session, as this pair is trying to make a breakout again on the resistance level of 0.7823. The NZDUSD could be forming a higher high pattern above the support level of 0.7793 which is close to the daily pivot pivot level. However, if this pair executes […]
Nov 09 2014 @ 14:49
The EURGBP continues to move in range below the resistance level of 0.7851 and the 200 SMA. The EURGBP could conduct a retracement to the 0.7825 level daily pivot point. However, the EURGBP is following a bullish trend line on the H1 chart, so the EURGBP could have enough strength for a breakout in the […]
Nov 06 2014 @ 17:37
The AUDUSD continues to strengthen the bearish trend below the 200 day moving average and below the resistance level of 0.8863. This pair is forming a lower low pattern to fall to the support level of 0.8849. If the pair manages to make a breakout at the support level, it is expected to fall to […]
Nov 04 2014 @ 16:59
The EURJPY continued making a bullish consolidation above the daily pivot point level of 142.77 on the H1 chart. At current levels, there is a high concentration of bearish force that has impeded progress in the short term EURJPY. However, we must emphasize that this pair is very overbought at this chart, so the EURJPY […]
Nov 02 2014 @ 16:32
The NZDUSD met with strong resistance at the 0.7865 level, where it is pair has formed two fractals. In the H1 chart, the NZDUSD is forming a bearish pattern for a breakout in the support level of 0.7786 and fall to the level of 0.7729. However, while this pair is still holding strong bearish bias […]
Oct 29 2014 @ 18:03
The EURGBP has made a pullback to the resistance level of 0.7903, and now the pair is trying to consolidate below the 200 SMA. This pair has been prevented to progress in the bullish trend in the short term, because the daily pivot point level of 0.7894 is very strong, so it is very likely […]
Oct 27 2014 @ 15:58
The AUDUSD remains above the daily pivot point level of 0.8873, because this pair is forming a bullish pattern. The next target in the bullish trend for the AUDUSD is the resistance level of 0.8907, given that this pair remains above the moving average of 200. However, the AUDUSD may fall back to the support […]
Oct 23 2014 @ 18:48
The EURJPY had a strong bullish momentum above the 200 SMA on the H1 chart. Now this pair is consolidating above the daily pivot point level of 136.37, so the next target bullish road, would be the resistance level of 137.54. On the other hand, EURJPY may do a retracement to the level of 136.37, […]