You are here:-Daily Technical Strategy

EURUSD Technical and Fundamental Analysis on the Daily Timeframe on 2nd April 2018

*Analysis is for Premium Members Only EURUSD TECHNICAL ANALYSIS The currency pair trading within a triangle formation and bouncing off support at around the 1.2160 level while strong resistance can be seen at the 1.2520 price level. The moving averages have started to go sideways and we are in a consolidation phase at the moment.

By |2018-04-02T19:00:42+08:00April 2nd, 2018|Categories: Daily Technical Strategy, EUR Crosses, USD Crosses|Tags: |0 Comments

GBPJPY Technical Analysis on 2nd April 2018

Analysis of GBPJPY on the daily time frame. The currency pair is still within an uptrend channel and price have closed above the 15 and 30 EMA which acted as dynamic resistance in the past and is now acting as dynamic support. As long as price is above the EMAs, price have the potential to

By |2018-04-02T18:33:44+08:00April 2nd, 2018|Categories: Daily Technical Strategy, GBP Crosses, YEN Crosses|Tags: |0 Comments

GBPJPY Technical Analysis (8 Hour Chart) 4th August 2017

This is a GBPJPY  Technical Analysis on a Forex Blog. GBPJPY – On the H8 chart we see the GBPJPY going sideways after reaching a high of  around 146.76. The pair have been in an uptrend and we have not broken below the diagonal trendline stretching all the way back to 5th October 2016. However,

By |2018-03-19T12:37:32+08:00August 4th, 2017|Categories: Daily Technical Strategy, YEN Crosses|Tags: |0 Comments

EURJPY Technical Analysis (4 Hour Chart) 20th July 2017

This is a EURJPY  Technical Analysis on a Forex Blog. EURJPY – On the H4 chart we see the EURJPY going sideways after reaching a high of 130.733. . The 128.5 level is providing support at the moment and price is currently testing the 15 ema which is currently acting as resistance. Price needs to

By |2018-03-19T12:37:43+08:00July 20th, 2017|Categories: Daily Technical Strategy, YEN Crosses|0 Comments

US Dollar Index (DXY) Technical Analysis (Weekly Chart) 19th July 2017

This is a US Dollars Index (DXY)  Technical Analysis on a Forex Blog. US Dollar Index (DXY) – On the weekly time frame, we see this pair going lower. Technical indicators are still showing bearish momentum for the greenback. The recent tumbling of the greenback have been attributed to weaker than expected inflation data on

By |2017-07-19T11:49:43+08:00July 19th, 2017|Categories: Daily Technical Strategy, US Dollar Index|0 Comments

EURUSD Technical Analysis (Weekly Chart) 16th July 2017

This is a EURUSD Technical Analysis on a Forex Blog. EURUSD – On the weekly time frame, we see this pair going higher. With Draghi and his gang talking about the possibility of reversing their loose monetary policy, the euro which in the nearest term due to their negative rates policy have become a carry trade

By |2017-07-16T09:40:00+08:00July 16th, 2017|Categories: Daily Technical Strategy, EUR Crosses|0 Comments

EURAUD Technical Analysis (Daily Chart) on 9th March 2017

EURAUD – On the daily time frame this pair may have found a medium term bottom at the 1.36223 level. You can see that the pair have been in a downtrend pennant since early 2016. We are in a clear downtrend for this pair over the longer term and we are not out of that yet.

By |2018-03-19T12:40:30+08:00March 9th, 2017|Categories: AUD Crosses, Daily Technical Strategy, EUR Crosses|Tags: |0 Comments

Gold Technical Analysis (Daily Chart) on 3rd February 2017

Gold / XAUUSD – On the daily time frame this precious metal has broken below the uptrend channel and looks heavy at the moment. The next downside target and support level can be seen at 1226.44 and below that 1216.59. 1244 is first topside resistance. If price moves back up and into the channel, it nullifies

By |2017-03-12T14:56:59+08:00March 3rd, 2017|Categories: Daily Technical Strategy|Tags: , |0 Comments

Gold Technical Analysis (Daily Chart) on 2nd February 2017

Gold / XAUUSD – On the daily time frame this precious metal is currently within an uptrend channel. Yesterday's price action saw it testing the bottom of the channel and a quick rebound ensued as buyers came in at the 1236.63 level. Below that and we have price closing below the channel and the 15 ema. If

By |2017-03-12T14:58:12+08:00March 2nd, 2017|Categories: Daily Technical Strategy|Tags: , |0 Comments

US Dollar Index (DXY) Daily Chart Analysis on 29th October 2016

US Dollar Index – The greenback has been on a bullish tear and in an uptrend since gaining momentum on the 11th of October. The bullish momentum continue to pick up and resistance levels continued to be broken. The price closed at 98.35 this week, probably due to profit taking. Can we expect higher prices from

By |2017-03-12T15:00:11+08:00October 29th, 2016|Categories: Daily Technical Strategy, US Dollar Index|Tags: , , , |2 Comments
X

Forgot Password?

Join Us

Password Reset
Please enter your e-mail address. You will receive a new password via e-mail.