Daily and 4H: The previous post noted that the AUD/NZD decline was a 2nd leg of a correction and was nearing a full projection at 1.2860. This was to test a 200MA in 4H time-frame, and is the 78.6% Re...

4H: The AUD/NZD pair stayed below 1.31 and finished a second correction. The swing projection near 1.2860 has not been reached yet, but the conservative swing projection, which uses the previous swing...

The Federal Reserve kept the federal funds rate target for overnight loans between banks near zero and repeated its pledge to keep it there for an 'extended period'. The Fed also said that the emergen...

4H: We may have completed (a) and (b) of wave (2). Wave (c) could extende either to 1.2920 or 1.2850. 1.2920 is the conservative swing projection of (a) onto (c), truncating the tail that showed the 1...

Since the end of February the EUR/JPY has been trading in a bullish trend-channel and touched its resistance level around the 125.24 at last. It seems that the currency pair may change-over in a short...

Since the beginning of February, the GBP has been trading along a bearish Fibonacci fan against the NZD. In addition, we can see a resistance level around 2.1935 including a bearish trend channel, bot...

Since the beginning of February, the CAD/JPY has been trading in an N formation with a resistance point around 88.30. Yesterday, the pair has shown a small break-out through the resistance level befor...

Support on the 61.8% of 1.3435-1.3735 at 1.3550 remains intact after the 2nd test but the euro's recovery is limited, facing intra-day resistance around 1.3610. In case of a rally, 1.3690/00 is the ke...

As you can see, the GBP/AUD has been moving below a bearish Fibonacci fan. After touching the lower line of the fan during the end of February, the pair pulled down and reached the support level aroun...

Since the beginning of February, the AUD could recover and has been trading in a bullish trend versus the JPY. Currently, the currency pair is trading around its important Fibonacci level at 80.30 (61...

The USD traded near a two week low versus the EUR and reached 1.3703 on easing concerns that the European Union`s biggest budget gap will derail a regional recovery after Greece announced tax increase...

With the beginning of February, the currency pair has been trading in a bullish trend channel. Yesterday, the AUD reached the upper line of the trend channel together with its Pivot point at 1.3006 an...

With the ending of February, the CAD recovered from its downward movement against the JPY and started a bullish trend. Currently, the currency pair is trading near its resistance around 85.65. With it...

As you can see the EUR has been trading in a bearish trend against the CAD since the beginning of February. With the last week in the past month, the currency pair recovered from its downward trend. B...

The GBP/CAD has been trading close to a bearish trend-line except one time as it crossed its trend but the bulls hadn't enough power to reverse the trend finally. After the GBP touched its first pivot...

The CAD/JPY market looks to swing down to the 80.50/81.00 level. The 4H time-frame shows strong bearish price action after very laborious climb from 82.30 to 88.30. The stochastic is oversold, but sho...

The GBP/USD has been trading close to a long-term bearish trend-line and even tightened this trend in January. The currency pair opened this week below its pivot point and in considering of the declin...

The EUR/USD reversed from its long-term bullish trend at the end of 2009 and boosted the counter movement during the last weeks on speculations of Greece's debts. In order to this, the currency pair b...

The CHF/JPY is almost an exact dupliate when you remove the specific price levels. So I won’t explain much in detail, except that there is a bearish butterfly completion at the completion of a bearish...

Since the middle of January, the GBP/CHF has been moving along the Fibonacci projection levels. After falling to the 38.2% level, the market has started a bullish phase inside a trend channel. At the ...

On January 11th the CHF/JPY started a bearish phase after the RSI indicator signaled an overbought market and touched its upper line. During February, the market entered the bearish Fibonacci fan fina...

Since the beginning of August 2009, the AUD/JPY has been trading above the 76.25 support level. After its cross below the 80.00 around the beginning of February, the pair pulled back from the 76.25 su...

Since the beginning of the year, the USD/JPY has been falling along a downward Fibonacci fan. It is the second time that the market entered the fan with a bullish trend channel. At the first time the ...

With the beginning of January 2010, the AUD has been trading in a downward trend against the USD. Since the beginning of the actual week, the currency pair could recover from its low in February. Curr...

With the ending of January, the NZD traded in a bearish Andrew`s Pitchfork channel versus the JPY. Recently, the market left the lower channel and reached the upper line from the upper channel. One we...

Since the middle of January, the AUD trades in a bearish trend channel against the CHF. At the moment, the price of the currency pair touches the upper line from the trend channel. Two times before, w...

Since the last week of January, the EUR has been trading in a sideways trend against the CHF. Recently, the currency pair touched its important Fibonacci Retracement line at 1.4654 (38.2%) and the pri...

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...

The USD/CHF has been trading in a bullish market since the end of November. As you can see in the picture the currency pair is drawing a so called flag-formation. If we emanate from the formation the ...

The EUR/USD rose on Monday for the first time since four days before it rebounded during the early Asia trading hours today and fell near to its seven months low again. The EUR resumed its downturn be...

After exit the bullish trend channel, which was established around July 2009, the NZD/USD has been trading along a horizontal support level around 0.7000. It is the fourth time that the market is touc...

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. ...

Since the beginning of October 2009, the AUD/USD has been moving in a sideway phase. At the moment, the market is trading right over the lower support of the middle term sideway channel (White) and th...

After touching the resistance level around 1.0050 between the 19th and 20th of January for the second time, the CAD/CHF crashed down and reached the support line around 0.98. As we can see the market ...

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 eight days in January 2010, the GBP recovered from its bearish trend against the AUD and started a bullish trend channel. Recently, the currency pair could cross the important Fibonacci Retracem...

Since the beginning of January 2010, the EUR is trading in a bearish trend channel against the PLN. During that time, whenever the currency pair reached the upper line of the trend channel, the prices...

After the first week of January, the CAD has been trading in bearish trend against the JPY and reached its level from the beginning of the year. Recently, the currency pair touched its support around ...

With the beginning of 2010, the AUD has been trading in a bullish trend against the NZD. Recently, the currency pair weakened and touched its Fibonacci Retracement line at 61.8% (1.2496) and the price...

As you can see the GBP/JPY has been trading along a bullish Fibonacci fan. After it touched the upper line of the fan and the top of the short-term trend channel, the market pulled back and reached th...

As you can see, the USD is trading in a bearish trend channel against the CAD. Now it seems that the currency pair is ready to recover when it touches its Pivot point at 1.0280 together with the botto...

Since the beginning of December, the GBP has been trading in a bearish trend against the NZD. During this time, the currency pair touched its lower Bollinger Band twice and the prices could recover fr...

As you can see, the EURNZD is still trading inside the horizontal trend channel, which was established at the beginning of November. At the moment, the pair trades close to the upper line of the chann...

The CHF/JPY has been trading in a bearish environment during the last quarter of 2009. As similar as yesterday the currency pair opened today below its pivot point and the MA Oscillator indicates a co...

Having the GBP/CHF traded in a bearish environment since the middle of November it recovered assisted by a bullish trend-line and after it broke through the 50% Fibonacci retracement line the bulls bo...

The currency pair has been trading close to a bullish trend-line since the end of November. But the NZD failed to cross the resistance at 64.93 for the third time now and in considering of the contrac...

Cable is in a short mode of a huge black wave III), and showed an impulse bearish structure in a Short red sub-wave i) that has reached the 1.6270 target, discussed recently. Prices traded even lower ...

Since the beginning of December, the GBP has been trading in a bearish Andrews Pitchfork channel against the AUD. Recently, the currency pair touched the middle line and could recover at 1.7778. At th...

The JPY repeated its rally from yesterday and rose again versus all of its 16 major counterparts. The EUR dropped to 132.08 against the JPY before reports will show today, that the manufacturing of th...

The USD and the EUR weakened against the JPY on speculation that Japanese companies will increase its overseas earnings. The JPY rose to 133.30 against the EUR and the USD dropped to 89.80 versus the ...