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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

AUDUSD Technical Analysis (Daily Chart) on 25th October 2016

AUDUSD – On the daily time frame the Aussie dollar is seen consolidating after an attempt to break higher. The 07720 price level is a strong level that have held its ground so far. We need to see price close decisively above that level and the 0.775 level before we can say that there is

By |2017-03-12T15:01:02+08:00October 25th, 2016|Categories: AUD Crosses, Daily Technical Strategy|Tags: , , |0 Comments

USDJPY Technical Analysis (Daily Chart) on 13th October 2016 – Up Cycle Ending Soon?

USDJPY – The US Dollar is gaining ground against the Japanese Yen. All looks happy and dandy for the USDJPY bulls at the moment. Every day is a Sunday and they can smell the flowers while trading on their desk. But how long can this elevated move in the USDJPY sustain itself? If you look at

By |2017-01-01T13:00:52+08:00October 13th, 2016|Categories: Daily Technical Strategy, YEN Crosses|Tags: , |0 Comments

AUDUSD Technical Analysis 26th August 2016

AUDUSD - On the daily chart we see the AUDUSD still trading within its uptrend channe. Price have been going sideways for the last 4 days and characterized by 4 short candles which shows indecision between the bears and the bulls. When I see markets behaving like this, I know that this is not the

By |2017-01-01T13:00:56+08:00August 26th, 2016|Categories: AUD Crosses, Daily Technical Strategy|Tags: , |0 Comments

GBPUSD Technical Analysis on Daily Chart – 7th January 2016

GBPUSD Technical Analysis on Daily Chart – 7th January 2016 GBPUSD - On the daily and we can see that the pair is in a clear down trend with very little retracements in fact. However, technically we can see that the pair has reached a demand zone around the 1.462 to 1.463 area. On the

By |2017-01-01T13:00:56+08:00January 7th, 2016|Categories: Daily Technical Strategy, GBP Crosses, GBPUSD Premium Reports|Tags: , |0 Comments

EURUSD Technical Analysis on Daily Chart – 7th January 2016

EURUSD Technical Analysis on Daily Chart – 7th January 2016 EURUSD - The euro dollar broke below the triangle and is now trading below the Pivot. The bears are in control at the moment but yesterday's candle showed some respite with the bulls coming in to defend the 1.07 level. We might see the pair

By |2017-01-01T13:00:56+08:00January 7th, 2016|Categories: Daily Technical Strategy, EUR Crosses, EURUSD Premium Reports|Tags: , |0 Comments

EURUSD Technical Analysis on Daily Chart – 5th January 2016

EURUSD Technical Analysis on Daily Chart – 5th January 2016 EURUSD - On the daily time frame, we see the pair still trading within the pennant that we have identified in our earlier posts. The bottom of the pennant has provided support and so is the Purple pivot. A retrace back higher could be in

By |2017-01-01T13:00:57+08:00January 5th, 2016|Categories: Daily Technical Strategy, EUR Crosses, EURUSD Premium Reports|Tags: , |0 Comments

AUDUSD Technical Analysis on 4 Hour Chart – 4th August 2015

  AUDUSD - On the 4hr chart. The price punched through the 15 ema and now pushing higher. Price have also broken out of the descending channel. Get ready to make a trade guys. Let the pair fall back to the 15 ema and once candle close with price still above the 15 ema, BUY.

By |2017-01-01T13:01:01+08:00August 4th, 2015|Categories: AUD Crosses, Daily Technical Strategy|Tags: , , , |0 Comments

AUDUSD Forecast – 5th January 2014

 AUDUSD Forex Blog Forecast 5th January 2014 The Aussie Dollar have been in a down trend in 2014 and the question is, will this Forex pair continue on its down trend? Looking at the current price levels, the AUDUSD is near the round number 0.80 and I believe that there could be some technical traders