Since the middle of January, the EUR has been trading in a bullish trend channel against the AUD. Currently, the prices reaches the lower line of the trend channel. Two times before as the EUR touched...

After the USD/JPY knew only the way up during the last quarter of 2009 the trend reversed in January. Last week the USD fell near its first pivot support point around 89.30. It seems that the bearish ...

The euro remains under pressure since weak rallies are finding resistance and it couldn't hold pullback gains above the $1.40 mark. The 1.39 region is again in focus and more selling is in the cards. ...

The euro holds its modest gains around 1.4170, recovering from recent bottom at 1.4030. Short term sentiment remains bearish while below 1.4300 and extended gains from current market levels will proba...

After the currency pair jumped at the end of October it traded in a trendless market on the same high level in November and tested at least its support at the second Fibonacci fan several times. We ca...

The USD/JPY traded close to a bearish trend-line since the end of October and lost its important 38.2% Fibonacci support-line. In order of this, the currency pair boosted its downward trend furthermor...

Since the beginning of October, the EUR has been trading sideways against the AUD. Recently, the currency pair fell to its support at around 1.6105. Furthermore it touches the bottom Bollinger Band wi...

After touching the first Pivot Resistance level at 0.9391, the AUD/CHF fell down with a break through the middle Pivot point at 0.9333 and the first support at 0.9253. Now the market trades on the 0.9...

Since the beginning of October, the currency pair has been trading in a bullish trend channel. Recently, the AUD crossed its resistance at 84.10. One time before, the resistance was strong enough, but...

After pulling back from the middle pivot point at 1.6788, the EURAUD crossed the first support at 1.6571 and reached the support level from October 1st around 1.6510. If the pair breaks the 1.6510 sup...

Since September, the EUR has lost against the CHF. It started a bearish phase along a downward Andrews Pitchfork channel. Currently, the market trades inside the lower channel and reached the support ...

Since the 21st of August, the NZD/JPY has been trading inside a bearish trend channel and a long the weekly Pivot points. After going over the 63.22 first Pivot support, the market reached the lower l...

The currency pair traded since the beginning of July close to a bearish trendline until the bulls helped to cross the trendline this week. Now it seems that the GBP/CAD build above its new support at ...

As you can see, the AUD/NZD has been moved along the weekly pivot points. After getting support from the Pivot S1 (W) at 1.2482, the market came up and reached the currently middle Pivot point at 1.25...

The USD/CAD has been trading close to a bearish trend-line and notwithstanding this line breached in July, the currency pair failed to stop the bears. Quite the contrary the growing DMI and ADX may su...

In the middle of June, the currency pair slumped down and fell to 131.43. This level designated its new support level. The youngest recovering may lose ground in considering of the contracting Bolling...

As you can see the USD/JPY is trading on the third support line of the weekly Pivot points. Additionally the market is very far away from the simple MA and the MA Oscillator gives also the first sign ...

While markets are awaiting another rate cut from ECB and announcement of non-standard measures on Thursday, let's take a look at how Euro is performing recently. Indeed, the common currency has been o...

After touching the pivot point at 82.67, the CHF/JPY started a strong bullish phase. As you can see the market already broke through a lot of other pivot point including the upper line of the bearish ...

The USD/JPY rose for the first time in more than a week, driven by speculation a U.S. report will show today, that the world's largest economy shrank at a slower pace than expected. This would reduce ...

Since the beginning of March the EUR/CAD has been moving in a downward trend. The MACD is still showing a short signal, but the spread between the lines is not huge. Additionally we can see their 2 su...

Since the beginning of 2009, the USD/JPY has been trading in a bullish trend channel. After rising close to the psychological important resistance level of 100.00, it pulled back and touched the 95.80...

I wrote last week that 'the decline from .9807 is in 3 waves, which could be a completed A-B-C decline. The short term picture is clear though. Near term, the rally from .8634 is impulsive and price s...

There have been few ranges over the past few months that have been as explicit as the one EURAUD has been carving. However, strong technical congestion often comes hand in hand with substantial breako...

Commodity currencies put in a strong performance this week, with the New Zealand Dollar topping the other majors with a 2.17% gain against the greenback. More importantly for the broader com bloc, the...

It is unclear whether or not the EURGBP has made a long term top as previously thought at .9807. The decline from that level is in 3 waves, which could be a completed A-B-C decline. The short term pic...

Long term, there is no change to the long term bearish call. 'Over the next several months, the EURGBP is expected to reach the .7692-.8194 zone - at minimum. Structure on the daily is bearish as long...

Since the end of September the GBP/USD has been moving in a bearish trend channel. After touching the 1.50 resistance line outside of the channel, the market came down, touched the upper line of the c...

Over the next several months, the EURGBP is expected to reach the .7692-.8194 zone - at minimum. Structure on the daily is bearish as long as price is below .9525. If .9078 fails to hold, then resista...

Over the next several months, the EURGBP is expected to reach the .7692-.8194 zone - at minimum. The short term picture is bearish as long as price is below .9090. A push above there would turn the pi...

Last update, I wrote that 'the pair rallied to .95, which may be the end of wave c…the EURGBP should decline from current levels and eventually come under .8835.' After testing .88 in what is probably...

Since the beginning of 2009 the EUR/AUD has been trading in a bullish trend-channel and breached at least its resistance at 1.9964. It seems that the trend-channel is still faultless and maybe it coul...

Where many of the currency market's most liquid pairs are riding out short-term bursts in momentum or are otherwise positioned for potential breakouts; EURAUD has actually found itself in a very stabl...

A triangle has been underway in the EURAUD since early October 2008. Triangles are continuation patterns, so the break from the pattern should be higher. Following completion of the D wave (there is r...

In the middle of December the CHF/JPY broke though the strong bearish trend line and entered in a new sideward trend channel with a resistance at 87.00 and a support line of 79.00. Currently the marke...

There are a number of technical factors that suggest a significant top is in place. There are 5 waves up from January 2007 and the EURGBP reversed just ahead of parity. The decline is probably in its ...

Momentum seems to be in ample supply for the EURGBP's advance. Though liquidity is still very thin for the market as a whole, both the euro and pound have maintained high levels of volatility. Combine...

The Euro/British Pound's ascent has been nothing short of astounding, and weekly oscillators are near the most overbought levels since the Euro's inception. We likewise note the extreme volatility in ...

The USD stays stabile against the JPY after recovering from a 13-years low of 87.13 last week. There are still concerns over the Japanese economy following more gloomy data and a deteriorating economi...

I wrote last week that "longer term, I expect a reversal of strength that has persisted since 2000. Within a few years, the EURGBP could drop below the 2000 low of .5680. Near term, a push above .8669...

Commodity currencies are coming under increased strain that threatens to force breakouts from a month of congestion. With our focus on the Australian and New Zealand dollars, it is clear that these cr...

The euro rally is testing resistance against its counterparts. Longer term, I expect a reversal of strength that has persisted since 2000. Within a few years, the EURGBP could drop below the 2000 low ...

The AUD/CHF seems to be on the way to the 0.81 resistance level again. As you can see the market has broken the bearish trend line and the middle Bollinger band. Interesting is that the upper Bollinge...

Congestion is clear through both the short and long-time frames; but that doesn't mean we should ignore the momentum behind the November bull run. A rising trendline from the Nov 4th bullish reversal ...

There is no change to my call for an eventual drop below .5680 in wave (C) of a flat that began in 1995 (valid as long as price is below .9019). The rally from .5680 is viewed as wave (B) of the large...

There is no change to my call for an eventual drop below .5680 in wave (C) of a flat that began in 1995 (valid as long as price is below .9019). The rally from .5680 is wave (B) and resistance from th...

Since the middle of September the AUD / JPY has been trading in a downward trend channel with a support line at 65. After touching the lower trend line twice the market has been recovered very strongl...

Long term patterns in the Euro crosses are mixed. The EURGBP presents an attractive opportunity as the pair may be forming an important top. There is no change to my call for an eventual drop below .5...

Since the beginning of July, the NZD/USD has been trading in a downward trend channel. After touching the 0.69 resistance the market broke trough the lower trend line and touched the 0.58 support leve...

There are longer term bullish setups in the Euro / commodity crosses. Now is a good time to take a longer term perspective. Near term, the Fibonacci support zone (of the rally from .6535 to .8192) doe...