The EURUSD continued its bearish momentum on Friday, bottomed at 1.3502 and closed at 1.3528. The key support level to be tested at this phase is the triple bottom area around 1.3450/35 area as techni...

EUR/JPY failed mentioned 125.22 cluster resistance (38.2% retracement of 134.36 to 119.64 at 125.26) last week and subsequent sharp fall suggests that choppy recovery from 119.64 has completed at 125....

As the single currency has remained under pressure, suggesting this week's fall from 125.36 may bring stronger retracement of early rise from 119.66 and weakness to 121.84 (61.8% Fibonacci retracement...

Despite Monday's marginal rise to 125.36, as the single currency failed to close above indicated resistance at 125.24 on a daily basis, the retreat from there suggests further consolidation would be s...

Despite Monday's anticipated rebound to 125.36 (our indicated upside target was 125.25), as the single currency faltered below the Tenkan-Sen and has retreated, suggesting consolidation with mild down...

EUR/JPY's break of 123.01 support suggests that recovery from 119.64 has completed after failing to take out mentioned 125.22 cluster resistance (38.2% retracement of 134.36 to 119.64 at 125.26) again...

EURUSD Comment: Still struggling with recent highs around 1.3800 as the Euro remains everyone's pet hate. Moving averages have crossed to bullish and will hopefully limit the downside. Other currencie...

The GBP/JPY pair is still controlled by the connected bearish harmonic formation as seen on the provided four-hour chart. Thereby, possible bearishness could be seen over intraday basis, supported by ...

We have an hourly bullish divergence here while 4-hour is oversold. I can't make up my mind whether we'll see a direct recovery or will need to see a dip to the 122.11-33 or even 121.66-88 areas befor...

The EURUSD had a significant bearish momentum yesterday, break below the bullish channel indicating potential bullish failure testing 1.3530 area even 1.3450/30 key support level. The bias is bearish ...

1H: The near-term chart in the 1H time-frame shows that the market is still held from going above a sharp declining trendline. The current rally attempt therefore has not been convincing, and as I am ...

Although the stronger-than-expected retreat signals a temporary top has been formed at 125.36 and further consolidation would be seen, reckon downside would be limited to 122.51 (50% Fibonacci retrace...

EURUSD Comment: Testing the top of a potential 'rounded bottom' but needs a daily (and then weekly) close above here to really get going. Moving averages have crossed to bullish and will hopefully lim...

Connected bearish harmonic structures controlled the movements of the GBP/JPY pair and it is clear that, yesterday's expected bullishness has been limited around 61.8% Fibonacci level at 139.30 as see...

EUR/JPY's rebound yesterday was limited below 125.22 cluster resistance as expected (38.2% retracement of 134.36 to 119.64 at 125.26) and falls sharply today. Intraday bias remains neutral for the mom...

The EURUSD attempted to push higher yesterday, topped at 1.3817 but closed lower at 1.3734 and keep moving lower around 1.3720 at the time I wrote this comment. While technical bullish view remains in...

As the single currency continued to move higher, suggesting a test of resistance at 125.36 would be seen, however, break there is needed to confirm wave v has ended at 119.66 and the rise from there w...

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...

Intraday bias in EUR/JPY remains neutral for the moment. As discussed before, choppy rise from 119.64 is treated as a correction in the larger fall only and is expected to be limited by 125.22 cluster...

EURUSD Comment: Testing the top of a potential 'rounded bottom' as we break 'channel' resistance by moving sideways across the page. Moving averages have crossed to bullish and economists favour US do...

Yesterday's inclines have caused a decisive breakout above the initial resistance of 137.30 zones, opening the door for a harmonic CD leg of a harmonic pattern to be completed as seen on the provided ...

The EURUSD had a bullish momentum yesterday, topped at 1.3782 and closed at 1.3771. This fact should keep the bullish scenario targeting 1.3850 intact. The technical evidence that price is in a potent...

Despite intra-day marginal fall to 123.24 (yesterday's low was 123.32), as the single currency staged a strong rebound from there, suggesting the correction from 125.36 has possibly ended and consolid...

EURUSD Comment: Struggling at February's high at 1.3840, the highest point of what looks increasingly like a 'rounded bottom'. Note however that moving averages have crossed to bullish and perhaps the...

Yesterday's bearish engulfing candlestick pattern, which is seen obviously on the secondary daily chart signaled that, the allover bearishness of the negative harmonic AB=CD pattern might continue ove...

As discussed before, EUR/JPY's choppy recovery from 119.64 is treated as a correction in the larger fall only and is expected to be limited by 125.22 cluster resistance (38.2% retracement of 134.36 to...

The EURUSD failed to continue its bullish momentum yesterday, bottomed at 1.3640 and closed at 1.3674 after bad US TIC long term purchases number triggered risk aversion. This fact leads me to a no tr...

Not easy and not obvious as we remain trapped between 'channel' resistance and pivotal support at 88.00. Elements of the Ichimoku 'cloud' chart are mixed with moving averages hinting at a long positio...

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...

Despite intra-day brief rise above Friday's high at 125.21 to 125.36, lack of follow through buying and the retreat from there suggest consolidation would take place and retracement to 123.00/10 canno...

EURUSD Comment: A fourth consecutive 'spike low' type formation against Fibonacci retracement support adds weight to our view that an important long term interim low is forming. Pity it didn't manage ...

The GBP/JPY is still forming the CD leg of our suggested duplicated bearish harmonic formation, where the Fibonacci level of 61.8% for XA leg meets 161.8% Fibonacci level of BC leg at 139.15 zones. Th...

We're neutral in EUR/JPY for the moment as it's very close to mentioned 125.22 cluster resistance (38.2% retracement of 134.36 to 119.64 at 125.26). Choppy recovery from 119.64 is treated as a correct...

The EURUSD had a significant technical movement on Friday by break above the major bearish channel, confirms the bullish reversal scenario after formed triple bottom formation around 1.3450/35 area. W...

EUR/JPY's rebound from 119.64 extended further to as high as 125.19 last week. As the cross is now very close to mentioned 125.22 cluster resistance (38.2% retracement of 134.36 to 119.64 at 125.26), ...

Current firmness suggests the rise from 119.66 low is still in progress and further gain towards resistance at 125.24 would be seen, however, break there is needed to add credence to our view that wav...

As the single currency continued to edge higher after rebounding from 119.66, suggesting a test of resistance at 125.24 would be seen, however, a daily close above there is needed to signal the c leg ...

As the single currency recovered after holding above recent low at 119.66, suggesting further consolidation above this level would take place and retracement to 125.20/25 cannot be ruled out, however,...

Intraday bias in EUR/JPY remains mildly on the upside and corrective recovery from 119.64 might extend further. But after all, upside is expected to be limited by 125.22 cluster resistance (38.2% retr...

EURUSD Comment: Riots and tear gas in Athens and still the Euro holds at levels of the last four weeks. The 9-day moving average has levelled off while the 26-day one dropped again so the Euro is trad...

The pure harmonic studies prove that, the GBP/JPY pair is currently forming the CD leg for a duplicated harmonic formation as seen on the provided four-hour chart. The pair might move upwards over int...

The EURUSD had a narrow movement of only 66 pips yesterday and we do not see significant technical move yet so far. The bias remains neutral both in nearest and medium term while long term outlook rem...

The 4H time-frame shows a slight bearish divergence with the stochastic, and the oscillator has shown an early momentum reversal signal. Also, the market is testing its SMA200 as well as the consolida...

Euro's rally after early retreat to 121.46 (Tue 09 March) has retained our bullish view that wave v has ended earlier at 119.66 and consolidation with upside bias remains for gain to 124.50, then towa...

As noted before, EUR/JPY's strong recovery from 121.45 indicates that consolidation from 119.64 is still in progress and more rise could still be seen. But after all, upside is expected to be limited ...

EURUSD Comment: Same old, same old as the Euro goes nowhere. However, the 9-day moving average has levelled off while the 26-day one dropped suddenly towards it. Having already spent three weeks at cu...

The GBP/JPY pair is trapped within a tight range since yesterday but it succeeded in forming an obvious bearish candlestick formation as seen on the provided four-hour chart, where it also activated a...

The EURUSD didn't make significant movement yesterday. Overall price still consolidation in range area of 1.3450/35 - 1.3735/50. The bias remains neutral both in nearest and medium term but the long t...

EUR/JPY's strong recovery and break of 122.78 minor resistance dampens the immediate bearish case and indicates that consolidations from 119.64 is still in progress. Stronger rise could now be seen to...

Although euro rebounded after falling to 121.46 yesterday, above resistance at 123.90 is needed to revive our bullish count that wave v has ended at 119.66 earlier and bring retracement of recent decl...