May 12 2015 @ 21:59
We have been watching a bullish consolidation on the EURUSD above the 200 SMA at H1 chart, and it would be expected to rise until the 1.1282 level. The price action now is calling to a short term bottom possibly found at the daily pivot point level of 1.1208. If EURUSD does a breakout on […]
May 07 2015 @ 23:20
This pair is trading very lower and at the H1 chart, it’s consolidating inside a strong bearish path, which could do more extensions to reach new lows. The 200 SMA on this timeframe is above the current price of EURGBP and also, it’s forming a lower low pattern, looking to break the support at 0.7245, […]
May 04 2015 @ 22:16
EURJPY is finding a way to ride the current bullish bias in the short term, as the pair remains trading above the 200 SMA. Currently, we could expect a price action formation in favor of this outlook, as the EURJPY could find a strong support at the 133.48 level. If the pair does a breakout […]
Apr 26 2015 @ 19:40
AUDUSD is strong in the current bullish bias, as the pair is already consolidated above the 200 SMA in H1 chart. The current structure is favoring the bullish formations above the daily pivot point level of 0.7809 and the focus remains at the resistance zone of 0.7854 in the near term. In the other side, […]
Apr 20 2015 @ 22:00
The pair found strong resistance around the zone of 0.7708 and now it’s trading below the daily pivot point level of 0.7674. Currently, NZDUSD is trying to reach the support level of 0.7626 in the short term and if breaks it, we could expect a fall until the 200 SMA, which is located around the […]
Apr 16 2015 @ 10:32
The EURUSD is currently doing a pullback at the resistance level of 1.0733, which is above the 200 SMA. At H1 chart we can see a bullish short term structure developing and looking to consolidate in this bias at short or medium term. Any pullback could go until only the daily pivot point level of […]
Apr 13 2015 @ 23:20
EURGBP is showing a solid bearish structure at H1 chart, because the pair is trading below the 200 SMA and daily pivot point level of 0.7221. Also, the pair achieved in get outside from the bearish range below the resistance level of 0.7247 and now it’s looking towards the support zone of 0.7174. The RSI […]
Apr 09 2015 @ 19:56
The EURJPY is still developing a bearish structure below the 200 SMA at H1 chart. There are already various bearish patterns formed below that moving average and now it’s doing a consoliation below the daily pivot point level of 128.84. The next target in the downside would be the support zone of 127.92. Also, we […]
Apr 06 2015 @ 22:32
At the H1 chart, the AUD/USD found strong dynamic resistance at 200 SMA and now it’s looking to reach new weekly lows. The current structure is very bearish, which coincides with the overall trend of the Aussie, so we could expect a fall until the support zone of 0.7557, if the AUDUSD finds strong resistance […]
Apr 02 2015 @ 06:14
The H1 chart is already showing a strong bearish bias in the short and medium term for the NZDUSD. Also, the 200 SMA is doing a dynamic resistance over this pair and we should see a strong pullback there, towards the daily pivot point level of 0.7444. If the Kiwi does a breakout on that […]
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