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Technical Overview of USD/JPY and NZD/CAD Currency Pair USD JPY The USD traded higher against the JPY and closed at 108.055. The pair formed an AB= CD pattern. It’s below Yearly, Quarterly and Monthly pivot. NO Price Action Signal. It broke the Pivot support trend line. But Fundamentally...

Technical Overview of AUD/CAD and AUD/CHF Currency Pair AUD CAD The AUD traded higher against the CAD and closed at 0.9174. 1-After making a down move of 406 pips, the pair begin ascending. 2 - It’s above the 60/80 ema. 3 - Its above the weekly and monthly Pivot. 4 - It formed a Double Top...

Technical Overview of the Commodities Gold and Silver Overview of Gold 1) It is expected, that the price for gold could continue to decline. A potential downside target is the support level at 1,273 & Stalls @ the monthly pivot. 2) As it has formed a Large Bullish High volume Candle, It...

Overview of Gold – Bearish Sentiment Seen in This Week The XAU traded lower against the USD and closed at 1280.34. What do we have in the shiny material? 1) Bearish ABCD Pattern. 2) "C" @ 50% Retracement. 3) "C" @ Monthly Pivot. 4) "C" @ the Value Area Low of - 2 Week. 5) "C" forms a Double...

Technical Overview of AUD/JPY Currency Pair AUD JPY The AUD traded higher against the JPY and closed at 75.703. 1) Pair in a tight range. 2) Pair forms a Support @ 77.50. 3) keep in mind that AUD announces time rate Cut in 2019 and total 4 times till 2020. 4) So it makes no sense to waiting...

Technical Overview of USD/JPY and EUR/AUD Currency Pair USD JPY The USD traded lower against the JPY and closed at 109.483. 1) Pair stalls between the quarter and year pivot. 2) Keep in mind that market is in RISK AVERSION. 3) Breakout of 127 extension may lead the pair to a short trend...

Technical Overview of GBP/USD Currency Pair GBP USD The GBP traded higher against the USD and closed at 1.2711. 1) The pair closed in its weekly value areas. 2) A bullish sentiment after test of the VPOC may take the market upwards to the VPOC of last week and last 5th week. 3) Pair is...

Technical Overview of EUR/AUD Currency Pair EUR AUD The EUR traded higher against the AUD and closed at 1.6201. I have been watching this pair since 4 days as it has many aspects lying inside it. 1 - Making a series of HH and HL. 2 - Formed a Motherbar Inside bar @ D1. 3 - In confluence...

Technical Overview of USD/JPY, EUR/AUD and EUR/JPY Currency Pair USD JPY The USD traded higher against the JPY and closed at 110.345. 1- In past it formed a Motherbar Insidebar after a decline of 296 pips, It was in a phase of Accumulation. 2 - Now its above the 60/80 Ema. 3 - Here again it...

Technical Overview of GBP/JPY and GBP/USD Currency Pair GBP JPY The GBP traded higher against the JPY and closed at 139.972. The Pair formed 1 - Formed a Motherbar Inside bar @ D1. 2 - Stalls at the Yearly Support. 3 - Making a series of LH and LL. Break above 127 Extension may form a...

Technical Overview of EUR/JPY and EUR/NZD Currency Pair EUR JPY The EUR traded lower against the JPY and closed at 122.724. 1 - Formed a Motherbar Inside bar @ D1. 2 – Broke the Quarterly Pivot to the down side. 3 - Making a series of LH and LL. 4 - Main Trend Down. Break above 127...

Technical Overview of EUR/NZD, GBP/CHF and NZD/CAD Currency Pair EUR NZD The EUR traded higher against the NZD and closed at 1.7028. The pair formed a Motherbar Insidebar The pair is stalling @ yearly Pivots The yearly Pivots is same as Previous Quarter Pivot The pair is stalling @...

Technical Overview of AUD/CHF and EUR/AUD Currency Pair AUD CHF The AUD traded lower against the CHF and closed at 0.7128. It’s an interesting pair; let’s see what it has for us today. The same Directions apply to almost all of the AUD pairs. 1-It formed A daily Motherboard Inside bar 2- It’s...

Technical Overview of GBP/JPY and AUD/NZD Currency Pairs GBP JPY The GBP traded higher against the JPY and closed at 146.344. GBPJPY @ a very strong resistance Reasons 1- The Long Blue candle Represents Climax candle (indicating that smart money may be interested in selling). 2- Abcd formed...

Technical Overview of EUR/CHF, NZD/USD and GBP/CHF Currency Pairs EUR CHF The EUR traded higher against the CHF and closed at 1.1392. 1- Mother bar @ Middle Quarter Resistance 2 2-The top is the 786 Level retracement 3- The D1 Trend line has also broken. Indicating a Bearish Movement...

Technical Overview of USD/JPY, GBP/USD and GBP/CHF Currency Pairs USD JPY The USD traded lower against the JPY and closed at 111.641. USDJPY formed series of HH and HL then now over night it made LL A series of H & LL is start of a new downtrend The Support from D1 trend line has also broken...

Technical Overview of USD/CAD, USD/CHF, EUR/GBP and USD/JPY Currency Pairs USD CAD The USD traded lower against the CAD and closed at 1.3485. The pair stalls at the Quarter Pivot and Monthly Pivot. It also made a Bullish Climax at the Resistance Level. Keep in mind that Pair had also completed...

Technical Overview of CHF/JPY, USD/CHF and EUR/USD Currency Pairs CHF JPY The CHF traded lower against the JPY and closed at 109.923. CHFJPY has formed a MB/IB on D1. It is in confluence with Yearly and Quarter Pivot. Keep in mind that both the currencies may share equal strength in short...

Technical Overview of USD/CAD, GBP/USD and USD/JPY Currency Pairs USD CAD The USD traded lower against the CAD and closed at 1.335. Consumer Price Index Core is released by the Bank of Canada. “Core” CPI excludes fruits, vegetables, gasoline, fuel oil, natural gas, mortgage interest...

Technical Overview of NZD/USD, USD/JPY and USD/CHF Currency Pairs NZD USD The NZD traded lower against the USD and closed at 0.6762. Consumer Price Index released by the Statistics New Zealand is a measure of price movements by the comparison between the retail prices of a representative...