Sep 10 2015 @ 20:15
We saw a strong bullish consolidation held by the EURUSD above the 200 SMA at H1 chart during this week. Now, it seems the pair is preparing the ground to test new monthly highs, because current structure is already showing some higher swings formations. MACD indicator is reaching oversold conditions on this timeframe and that’s […]
Sep 01 2015 @ 21:34
EURJPY is still trading below the 200 SMA on H1 chart and the bearish tone is alive at the current structure. There is a pivot point level placed around the 135.32 zone, where we should expect a breakout lower in order to test the support level of 134.41, in case the bears take again the […]
Aug 26 2015 @ 21:43
There is a corrective move taking in place at H1 chart, where the NZDUSD is trying to reach the resistance zone of 0.6499. During the today’s opening session, Kiwi has been trading lower below daily pivot point level of 0.6454 and that’s why a pullback shouldn’t be discarded in the coming hours. However, if a […]
Aug 19 2015 @ 19:46
There is a recovering from losses taking in place at H1 chart, because EURGBP was trading below the 200 SMA. Currently, EURGBP pair is trying to form a bullish pattern (higher high) in order to reach the next resistance zone around the 0.7112 level. There is another scenario which could be advising us about a […]
Aug 11 2015 @ 22:04
The bearish outlook remains alive at AUDUSD, at least in H1 chart, where we’re seeing a pullback from 200 SMA until support level of 0.7243. Aussie should break that zone in order to fall until the 0.7186, where a very strong support level in the short-term is placed. Also, bear in mind the daily pivot […]
Aug 05 2015 @ 20:29
EURUSD found support around the 1.0856 level and now it’s trying to consolidate again above the daily pivot point zone of 1.0896. If that happens, then pair will look to face off the 200 SMA at H1 chart, which is currently doing dynamic resistance over the EURUSD. However, the bearish outlook in the short term […]
Jul 30 2015 @ 21:59
EURJPY continues to trade lower and now it’s consolidating below the 200 SMA at H1 chart. We should expect a decline until the supportlevel of 135.33, a zone which has to be broken in order to reach the next important low around the 134.96 level. Bear in mind this pair is currently moving below the […]
Jul 22 2015 @ 19:42
NZDUSD has been trading higher, above the 200 SMA at H1 chart and technically it’s looking to test the resistance level of 0.6676. The other side, which is the powerful here, is already telling us about a possible lower continuation towards the support level of 0.6592, which is the current pivot point level. A breakout […]
Jul 12 2015 @ 21:23
EURGBP found strong resistance around the 0.7219 level and now it’s performing corrective moves. At H1 chart, we should note the current position where is trading this pair, as it remains above the 200 SMA. The closest support is located at the 0.7166 level and if broken, it would be expected to fall to the […]
Jul 08 2015 @ 23:23
Apparently, EURUSD gave a good oportunity during this week to look for short trades, after the “NO” Greek referendum victory the last sunday. In a technical view, EURUSD reached the 200 SMA at H1 chart, which is offering dynamic resistance at this stage. However, we could expect more bullish moves towards the resistance zone of […]
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