Category: Technical Analysis

AUS200 Momentum Pauses after Break of Double Top | AUDUSD Technical Analysis 07.03.2016

AUS200 Momentum Pauses after Break of Double Top | AUDUSD Technical Analysis 07.03.2016

Talking Points: 1. Strategy: Position for higher moves though be cautious of support level 2. The path is clear until new resistance at 5293 3. Upward momentum halts within overbought zone After a break above the previous double top at 5074, ASX 200 is heading toward a new resistance level of 5293 with little hindrance […]

AUDUSD Technical Analysis | Short Trade Triggered Sub-0.73 | 21.10.2015

AUDUSD Technical Analysis | Short Trade Triggered Sub-0.73 | 21.10.2015

Talking Points : AUDUSD Technical Analysis : Short at 0.7290 Aussie Dollar Falters on Another Attempted Run to 0.73 Figure vs. US Dollar Short Position Triggered, Aiming for an Initial Move to Test Below 0.72 Mark The Australian Dollar was rejected downward after another run toward the 0.73 figure against its US namesake following the […]

GBPUSD Technical Analysis | Dramatic Drop with Risk Aversion | 24.09.2015

GBPUSD Technical Analysis | Dramatic Drop with Risk Aversion | 24.09.2015

Talking Points : GBPUSD Technical Analysis : Flat, long position stopped out. GBPUSD working on aggressive price action lower that’s seen two Fibonacci levels give way to falling prices. Short-term momentum is bearish, while intermediate and longer-term setups remain unclear. In our last piece, we took a long GBPUSD position after near-term support had shown […]

USDCAD Technical Analysis | Highest Levels Since 2004, Favoring Upside | 24.09.2015

USDCAD Technical Analysis | Highest Levels Since 2004, Favoring Upside | 24.09.2015

Talking Points : USDCAD Technical Analysis : 1.3310/50 Resistance Has Broken Confirming Bias Higher MACD turning bullish showing extension to 1.3400 is likely Monday’s higher close helps to confirm our bullish view and now acts as support The Canadian Dollar broke out of its falling corrective channel rather aggressively taking it to the highest levels […]

EURUSD Technical Analysis | Short Trade Setup Established | 04.09.2015

EURUSD Technical Analysis | Short Trade Setup Established | 04.09.2015

Talking Points : EURUSD Technical Strategy : Pending Short at 1.1224 Euro Breaks Monthly Rising Trend Line Support Against US Dollar Looking for Rebound Above 1.12 Figure to Trigger Short Position The Euro turned sharply lower, breaking support guiding the upward correction against the US Dollar set from early August and hinting at deeper losses. […]

USDJPY Technical Analysis | Digesting After Seesaw Volatility |04.09.2015

USDJPY Technical Analysis | Digesting After Seesaw Volatility |04.09.2015

Talking Points : USDJPY Technical Strategy : Flat Prices in Digestion Mode After Two Weeks of Seesaw Volatility Waiting to Reassess Positioning After US Employment Report The US Dollar is in consolidation mode against the Japanese Yen after two weeks of wild seesaw volatility as prices await further direction cues. The pair plunged to seven-month […]

GBPUSD Technical Analysis | First Target Hit on Short Trade | 02.09.2015

GBPUSD Technical Analysis | First Target Hit on Short Trade | 02.09.2015

Talking Points : GBPUSD Technical Strategy: Short at 1.5500 Pound Aiming Below 1.52 After Support Break Partial Profit Booked on Short Trade from 1.55 The British Pound continues to sink against the US Dollar as expected having broken below trend line supportguiding the exchange rate higher since early May. Prices have now declined for six […]

Gold Price | Attempting to Bounce Once Again | 01.09.2015

Gold Price | Attempting to Bounce Once Again | 01.09.2015

Talking Points : Gold Prices Find Support, Attempt to Launch Recovery Anew Move Higher Looks Corrective Within Long-Term Down Trend Gold prices are attempting to return to the offensive having found support after recoiling from resistance capping gains since mid-May. A daily close above resistance at 1138.14, the 23.6% Fibonacci expansion, initially exposes the 14.6% […]

NZDUSD Technical Analysis | Short Trade Triggered Sub-0.64 | 01.09.2015

NZDUSD Technical Analysis | Short Trade Triggered Sub-0.64 | 01.09.2015

Talking Points : NZDUSD Technical Strategy : Short at 0.6370 Kiwi Aiming to Resume Down Trend on Range Floor Break Short Trade Triggered, Aiming for Move Below 0.63 Figure The New Zealand Dollar looks vulnerable to deeper losses against its US counterpart after prices broke support near the 0.64 figure. Prices spiked to a six-year […]

EURGBP Technical Analysis | Euro at Risk of Deeper Losses | 31.08.2015

EURGBP Technical Analysis | Euro at Risk of Deeper Losses | 31.08.2015

Talking Points : EURGBP Technical Strategy : Flat Euro Breaks Support, Hints at Deeper Losses vs. Pound Ahead Passing on Short Trade as Risk Aversion Threat Clouds Outlook The Euro declined for a fourth consecutive day against the British Pound, with a break below chart support seemingly opening the door for further weakness. The pair […]



WinForex.Net © 2014-2018 Home