Foreign Exchange

The EUR/GBP remains strong in the bullish bias. This pair has consolidated above the support level of 0.8385, which is a fairly significant level because it is a pivot point. If the EUR/GBP manages to make a breakout on the resistance level of 0.8410, next target would be the level of 0.8423. On the other […]

EUR/JPY is trying to define its intraday trend, as this pair remains amid the 200 SMA. This pair is trying to make a bullish consolidation above the 200 SMA. However, the EUR/JPY has made bearish rebounds at this level, so it is likely that this pair fall to the pivot point at the level of […]

Instrument: USDJPY Order: Sell Entry date: March 17, 2014 Entry price: 101.798 Stop loss: 102.806 Take profit: 99.806 Instrument: AUDJPY Order: Sell Entry date: March 17, 2014 Entry price: 92.478 Stop loss: 92.524 Take profit: 90.524 Instrument: CADJPY Order: Sell Entry date: March 17, 2014 Entry price: 90.026 Stop loss: 93.037 Take profit: 90.037 Instrument: […]

Since the USD/JPY is extremely bearish, we are looking forward to selling rallies on it this week. EUR/USD: The bias on this pair is bullish, and the price is expected to trend higher this week. The possibility of pullbacks cannot be ruled out, but the threats should be contained at the support lines of 1.3850 […]

Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair is a bull market irrespective of the recent pullback on it. The pullback is just a good opportunity to go long when the price is on sale and in the context of an uptrend. Our target remains at the resistance line of […]

AUD/USD is finding support below the pivot point. Now, the aussie is trying to make a bullish rebound on the 200 day moving average, which is below the pivot point at the level of 0.9039. If the pair manages to consolidate below that level would be expected to fall to the support level of 0.8976. […]

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The Kiwi remains above the pivot point at the level of 0.8495 and now, the next target is the resistance level of 0.8552. If the pair manages to make a breakout at that level, the next target would be the resistance level of 0.8581. On the other hand, if this pair makes a bearish rebound […]

EUR/GBP continues to strengthen in the bullish bias and above the 200 SMA. This pair remains above the pivot point at the level of 0.825. Now, if the pair manages to make a breakout on the resistance level of 0.8359, next target would be the resistance level of 0.8383. On the other hand, if the […]

Instrument: USDJPY Order: No signal Entry date: Entry price: Stop loss: Take profit: Instrument: AUDJPY Order: Buy Entry date: March 10, 2014 Entry price: 93.179 Stop loss: 92.183 Take profit: 95.183 Instrument: CADJPY Order: Buy Entry date: March 10, 2014 Entry price: 92.990 Stop loss: 91.996 Take profit: 94.996 Instrument: CHFJPY Order: No signal Entry […]