|
Search
|
FX Technical Analysis
| | Technical Analysis | Oct 10 08 06:59 GMT
|
|
EURUSD Comment: Still hovering nervously above a new recent low at 1.3444 in what is a potential C leg of an A, B, C-type correction where C is 0.6% of A, yet attempts at rallying have been pathetic s...
| | EURUSD
USDJPY
GBPUSD
EURJPY
|
|
Technical Analysis for Crosses
| | Technical Analysis | Oct 10 08 06:42 GMT
|
|
Risk filled the markets yesterday resulting in a major sell off of the Euro against the Yen as it was able to breach and close below the key support for the long term descending channel at 135.00. Tod...
| | EURJPY
GBPJPY
GBPCHF
|
|
Technical Analysis for Crosses
| | Technical Analysis | Oct 09 08 06:35 GMT
|
|
As investors gained their appetite, the Euro was able to incline against the Yen but is finding difficulty to breach the resistance level at 138.26 as it recorded the high for today at 138.34. However...
| | EURJPY
EURGBP
GBPJPY
|
|
The Daily Forecaster: EURJPY
| | Technical Analysis | Oct 09 08 04:11 GMT
|
|
Losses were seen but stalled at 134.13. This happens to be a 14.6% expansion of the 135.01 -141.05 recovery. Given that we have bullish divergences I suspect that if we get back above the 137.95-05 pe...
| | EURJPY
|
|
Yen Crosses Collapse to Multi-Year Lows: Support Anyone?
| | Technical Analysis | Oct 08 08 19:00 GMT
|
|
I wrote last week that “the next drop likely extends into the 130's.” The EURJPY has reached the 100% extension of the 170-146.98 decline at 135.61. This level is just above the 38.2% of 88.87-170 at ...
| | EURJPY
GBPJPY
AUDJPY
NZDJPY
Other Crosses
|
|
Finding Opportunities In Yen Crosses After Global Rate Cut Drives Volatility
| | Technical Analysis | Oct 08 08 14:12 GMT
|
|
The world's largest central banks dealt the carry trade a major blow this morning by announcing a joint rate cut. As the proxy funding currency for this popular trading strategy, the increased volatil...
| | USDJPY
EURJPY
NZDJPY
Other Crosses
|
|
Technical Analysis for Crosses
| | Technical Analysis | Oct 08 08 07:14 GMT
|
|
The GBP/JPY is retesting the 74.6% correction for the long term upside channel at 174.51. We don't advise trading on the pair today as we could see fluctuations in the markets due to fears that have r...
| | EURJPY
EURGBP
GBPJPY
|
|
FX Technical Analysis
| | Technical Analysis | Oct 08 08 06:37 GMT
|
|
EURUSD Comment: Hovering nervously above a new recent low at 1.3444 in what is a potential C leg of an A, B, C-type correction where C is 0.6% of A. With EU27 finance ministers delivering absolutely n...
| | EURUSD
USDJPY
GBPUSD
EURJPY
|
|
A Pullback In Volatility Exposes New Euro And Pound Trends
| | Technical Analysis | Oct 07 08 14:47 GMT
|
|
After Monday's dramatic price action, today's euro and pound price action seems placid. However, even with volatility cooling, it is hard to miss the recent breakouts and trend extensions that resulte...
| | EURUSD
EURJPY
EURGBP
|
|
Technical Analysis for Crosses
| | Technical Analysis | Oct 07 08 06:37 GMT
|
|
Although the pair continued to decline, we saw the key support for the descending channel at 137.27 was able to halt further losses resulting in a significant rebound to the upside. Momentum indicator...
| | EURJPY
EURGBP
GBPJPY
|
|
FX Technical Analysis
| | Technical Analysis | Oct 07 08 06:29 GMT
|
|
EURUSD Comment: Dropping to a new recent low at 1.3444 in what is a potential C leg of an A, B, C-type correction where C is 0.6% of A. Note that this formation can be seen in many currencies, cross c...
| | EURUSD
USDJPY
GBPUSD
EURJPY
|
|
EUR/JPY Short-Term Technical Outlook
| | Technical Analysis | Oct 07 08 05:55 GMT
|
|
Fading risk sentiment has certainly pushed the Japanese yen higher against its counterparts, and may continue to strengthen over the following weeks as investors continue to limit their temperament fo...
| | EURJPY
|
|
Weekly Technical Commentary
| | Technical Analysis | Oct 06 08 12:41 GMT
|
|
We have completely underestimated the need for US banks and funds to repatriate all forms of non-dollar holdings to shore up creaking edifices at home. Adding to the woe is the realisation of Eurozone...
| | EURUSD
USDJPY
GBPUSD
USDCHF
USDCAD
EURJPY
EURGBP
GBPJPY
|
|
Technical Analysis for Crosses
| | Technical Analysis | Oct 06 08 07:00 GMT
|
|
After breaking the 38.2% correction for the long term ascending channel at 142.73, the pair returned to the trade within a downside channel pressured by the bearish movements as we see unwinding of ca...
| | EURJPY
EURGBP
GBPJPY
|
|
FX Technical Analysis
| | Technical Analysis | Oct 06 08 06:38 GMT
|
|
EURUSD Comment: The US dollar gained against nearly all currencies in what must be a desperate move to repatriate all and anything in a desperate bid to shore up crumbling edifices at home. Needless t...
| | EURUSD
USDJPY
GBPUSD
EURJPY
|
|
Eur/Jpy Bullish Retracement Probable
| | Technical Analysis | Oct 06 08 01:30 GMT
|
|
In July EURJPY completed a multiyear rally and began a correction that has likely reached a w.5 low (= W.1 or A) in both timeframes. Once the low is confirmed in the daily timeframe, price is likely t...
| | EURJPY
|
|
Technical Analysis for Crosses
| | Technical Analysis | Oct 03 08 06:56 GMT
|
|
The Euro also fell against the Japanese Yen with the pair seemingly heading towards the 38.2% correctional level at 138.99 for the long term upside wave which ended back in July, the momentum indicato...
| | EURJPY
EURGBP
GBPJPY
|
|
FX Technical Analysis
| | Technical Analysis | Oct 03 08 06:48 GMT
|
|
EURUSD Comment: The biggest weekly fall for the Euro, and something similar for most major currencies against the US dollar, has seen implied volatility soar to record or close to record highs. This s...
| | EURUSD
USDJPY
GBPUSD
EURJPY
|
|
Technical Analysis for Crosses
| | Technical Analysis | Oct 02 08 06:40 GMT
|
|
The Euro continued to fall against the Japanese Yen as the pair continued to trade below the 23.6% correctional level at 150.80, the momentum indicators are showing the pair is being traded among an o...
| | EURJPY
EURGBP
GBPJPY
|
|
FX Technical Analysis
| | Technical Analysis | Oct 02 08 06:24 GMT
|
|
EURUSD Comment: Collapsing all the way back down towards September's low at 1.3882. Expect the Euro to try and form an interim base today so that we have a potential ‘double bottom' on the chart....
| | EURUSD
USDJPY
GBPUSD
EURJPY
|
|
Yen Crosses: Corrective Rallies Complete?
| | Technical Analysis | Oct 02 08 02:24 GMT
|
|
Last week, I wrote that 'the EURJPY fell in 5 waves from the July high at 170 and the rally from 147.50 is most likely a correction of that decline (I say most likely because there is the possibility ...
| | EURJPY
GBPJPY
AUDJPY
NZDJPY
Other Crosses
|
|
A Bailout Could Spell Volatility And Breakouts For The Japanese Yen
| | Technical Analysis | Oct 01 08 15:23 GMT
|
|
The Japanese yen has been the main beneficiary of the lack of confidence that characterizes the current global financial system. Yet, I have been building a long position in the AUD/JPY and I expect t...
| | USDJPY
EURJPY
AUDJPY
|
|
FX Technical Analysis
| | Technical Analysis | Oct 01 08 06:45 GMT
|
|
EURUSD Comment: Trying to stabilise at the 50% retracement level with a small 'spike low' below trendline support. Not very inspiring though and dropped by more than expected yesterday. Expect the Eur...
| | EURUSD
USDJPY
GBPUSD
EURJPY
|
|
Technical Analysis for Crosses
| | Technical Analysis | Oct 01 08 06:38 GMT
|
|
The pair is consolidating within narrow ranges between the 149.03 support and the 150.59 resistance level. The Relative strength indicator on the four hour chart is showing the need for an upside corr...
| | EURJPY
EURGBP
GBPJPY
|
|
Daily FX Report
| | Technical Analysis | Sep 30 08 08:10 GMT
|
|
Since the end of August the EUR/JPY has been trading in bearish Fibonacci trend lines. After breaking trough the upper trend line the market touched the 1.57 resistance level. Yesterday the pair has s...
| | EURJPY
GBPCHF
|
|
Technical Analysis for Crosses
| | Technical Analysis | Sep 30 08 07:00 GMT
|
|
The Euro also fell heavily against the Japanese Yen as the pair was able to breach the 151.56 support level but the downside movement stopped at the 148.83 level which provided the pair with some stre...
| | EURJPY
EURGBP
GBPJPY
|
|
FX Technical Analysis
| | Technical Analysis | Sep 30 08 06:17 GMT
|
|
GBPUSD Comment: Trying to steady itself against 1.8000. Prices will probably hold very nervously roughly between 1.7800 and 1.8500 this week and maybe for the next three....
| | EURUSD
USDJPY
GBPUSD
EURJPY
|
|
Weekly Forex Technical Overview
| | Technical Analysis | Sep 29 08 15:22 GMT
|
|
Euro/dollar hit a five-week high last Monday before returning most of the gains. It's basically stuck and needs more information before the next move. My model remains long, but the bias is down. Imm...
| | EURUSD
USDJPY
GBPUSD
USDCHF
USDCAD
EURJPY
EURGBP
|
|
Risk Appetite and Direction Return to the Forex Market
| | Technical Analysis | Sep 29 08 13:47 GMT
|
|
The market-wide hesitancy in taking a position on direction has seemingly been broken with the agreement for a US bailout. With the dollar rallying and carry unwinding, our DailyFX Analysts are lookin...
| | EURUSD
USDJPY
NZDUSD
EURJPY
EURCHF
|
|
Weekly Technical Commentary
| | Technical Analysis | Sep 29 08 11:23 GMT
|
|
A 'spike high' last week after the massive 'spike low' two weeks ago suggest this market is looking for direction in increasingly stressed conditions. Over the next month or so we still favour several...
| | EURUSD
USDJPY
GBPUSD
EURJPY
EURGBP
GBPJPY
|
|
Futures and FX Technical Analysis
| | Technical Analysis | Sep 29 08 10:09 GMT
|
|
Euro fell like stone as bids around the psychologically important 1.4500 handle failed to stem the stampede of the dollar bulls. As dollar resumes its long term move, a further move to the downside wi...
| | EURJPY
GBPJPY
|
|
Technical Analysis for Crosses
| | Technical Analysis | Sep 29 08 06:36 GMT
|
|
Starting the week with a decline, the pair is now being oversold on the intraday charts according to momentum indicators suggesting the possibility of an upside correction yet the ADX indicator is sti...
| | EURJPY
EURGBP
GBPJPY
|
|
FX Technical Analysis
| | Technical Analysis | Sep 29 08 06:22 GMT
|
|
EURUSD Comment: A 'spike high' and 'evening star' candle on the weekly chart at 1.4867 suggests we shall consolidate below here for another week or two. The Euro will probably hold between 1.4200 and ...
| | EURUSD
USDJPY
GBPUSD
EURJPY
|
|
The Daily Forecaster: EURJPY
| | Technical Analysis | Sep 29 08 03:12 GMT
|
|
Losses stalled just above the 38.2% retracement in Wave iv and thus I feel the 153.45 low was Wave iv and this should imply a move back higher in Wave a of Wave v to the area around the 156.82 high in...
| | EURJPY
|
|
Technical Analysis for Crosses
| | Technical Analysis | Sep 26 08 06:37 GMT
|
|
Momentum indicators were able to adjust from an overbought area to result in downside movements as the pair once again failed to breach the 38.2% correction for the downside channel at 155.60. Yet on ...
| | EURJPY
EURGBP
GBPJPY
|
|
FX Technical Analysis
| | Technical Analysis | Sep 26 08 06:19 GMT
|
|
EURUSD Comment: Looking for direction with a tiny little 'doji' candle yesterday within a potential 'flag' formation. Expect more consolidation today around the 38% Fibonacci retracement area. If not ...
| | EURUSD
USDJPY
GBPUSD
EURJPY
|
|
Futures and FX Technical Analysis
| | Technical Analysis | Sep 25 08 10:21 GMT
|
|
Euro bulls continued to gain ground as cross tested offers around 156.79, a level marked by the 38.2 Fib of the 169.97-147.03 Japanese Yen rally. As price action remains in favor of Euro longs, a furt...
| | EURJPY
GBPJPY
|
|
Technical Analysis for Crosses
| | Technical Analysis | Sep 25 08 06:31 GMT
|
|
The GBP/JPY pair is still trading within the same levels as we see contradictions in technical indicators as the Stochastic indicator shows the pair being overbought on the daily charts and in need of...
| | EURJPY
EURGBP
GBPJPY
|
|
FX Technical Analysis
| | Technical Analysis | Sep 25 08 06:23 GMT
|
|
EURUSD Comment: The Euro is consolidating after retracing 38% of previous declines and futures positions have been slashed. For today, and the rest of this week, we favour cautious work roughly betwee...
| | EURUSD
USDJPY
GBPUSD
EURJPY
|
|
FX Technical Strategy Weekly: Dollar Slide is Crude
| | Technical Analysis | Sep 24 08 11:12 GMT
|
|
In last week's release the question was asked: is the US dollar bull trend over? The expectation was that we would see confirmation over the following weeks in the form of a broader decline, following...
| | EURUSD
USDJPY
GBPUSD
USDCHF
AUDUSD
EURJPY
EURGBP
Other Crosses
|
|
Futures and FX Technical Analysis
| | Technical Analysis | Sep 24 08 10:47 GMT
|
|
Sterling bulls remained in charge of the price action as cross managed to recover more than 1300 pips after the sharp selloff that established multiyear lows. As cable longs continue to push the cross...
| | EURJPY
GBPJPY
|
|
FX Technical Analysis
| | Technical Analysis | Sep 24 08 06:55 GMT
|
|
EURUSD Comment: Potentially a massive 'spike low' and 'hammer' on the monthly chart. Price action of the last two months might turn out to be a one-off huge shift which will then be undone at leisure ...
| | EURUSD
USDJPY
GBPUSD
EURJPY
|
|
Technical Analysis for Crosses
| | Technical Analysis | Sep 24 08 06:31 GMT
|
|
It seems like the breach of the 38.2% correction at 155.60 was a false breakout as the pair reversed movements to end trading yesterday below that level. As we see now the EUR/JPY pair is currently re...
| | EURJPY
EURGBP
GBPJPY
|
|
Yen Crosses: Strength Viewed As Corrective
| | Technical Analysis | Sep 24 08 01:39 GMT
|
|
The EURJPY fell in 5 waves from the July high at 170 and the rally from 147.50 is most likely a correction of that decline (I say most likely because there is the possibility that the drop from 170 co...
| | EURJPY
GBPJPY
AUDJPY
NZDJPY
Other Crosses
|
|
Euro Strength Expected To Give According To Analyst Picks
| | Technical Analysis | Sep 23 08 14:16 GMT
|
|
Across the market, the euro has been strong on both daily and monthly time frames. However, the currency is scaling dangerous heights considering the volatility in the financial markets and the potent...
| | EURUSD
EURJPY
EURGBP
|
|
Technical Analysis for Crosses
| | Technical Analysis | Sep 23 08 06:45 GMT
|
|
The EUR/JPY pair was able to breach the 38.2% correction at 155.60 for the medium term downside channel that started on 28-7-2008 and ended on 18-9-2008, where all we need now is a confirmation of the...
| | EURJPY
EURGBP
GBPJPY
|
|
Weekly Forex Technical Overview
| | Technical Analysis | Sep 22 08 16:04 GMT
|
|
Euro/dollar reversed aggressive losses to close higher last week after coining a near 2 ˝-year low the week before. My model is long on profit taking and more sustained recovery should be under way, a...
| | EURUSD
USDJPY
GBPUSD
USDCHF
USDCAD
EURJPY
EURGBP
|
|
Technical Analysis for Crosses
| | Technical Analysis | Sep 22 08 06:37 GMT
|
|
Heavy fluctuations might be seen in the markets as momentum indicators are contradicting one another on different time frames yet it seems like the pair is more pressured to the downside. The pair is ...
| | EURJPY
EURGBP
GBPJPY
|
|
Futures and FX Technical Analysis
| | Technical Analysis | Sep 19 08 09:45 GMT
|
|
Swiss Franc bears resumed their advance and pushed the pair above the 1.1200 figure after sharp reversal briefly saw USD/CHF test the bids around 1.0900 figure. As dollar bulls continue to dominate th...
| | USDCHF
EURJPY
|
|
Technical Analysis for Crosses
| | Technical Analysis | Sep 19 08 06:51 GMT
|
|
Trading for today on the pair might witness slight volatility as we see momentum indicators adjusting on the daily and weekly charts yet trading within an overbought area on the four hour charts. Howe...
| | EURJPY
EURGBP
GBPJPY
|
|
|
|
|
|