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The long term Bias is still negative for this Pair looking forward BUT I must add that Price is trading around a Major S&R trendline that goes back a number of years. Looking at the GBPUSD weekly...
EURUSD has been negative now for some time. Infact we seen nothing but lows over the past year for this Pair. However EURUSD is now trading at a 4 year low point. Over the past 4 years we have seen...
FX Currency Majors Video analysis.
USDCAD – Past couple of weeks we’ve seen consolidation for this Pair. A number of indecision candlesticks on the weekly chart. However Price failed to make new lows. It kept the prior...
GBPUSD Daily close yesterday eroded all of that bullish momentum that saw Price break above a two resistance level high point. We need to see Price yesterday find support and to kick onwards. Price...
EURUSD Daily close yesterday has left us with a Bearish Harami pattern at a weekly fib level at 1.2502. Price has been stuck in a consolidation channel now for the past couple of months. So with a...
Looking at weekly chart of EURUSD once can see how much and how aggressive the sell off has been for EUR this year after failing to trade higher through April & May. We've seen 2 interest rate...
NZDUSD weekly chart shows this Pair has fallen aggressively since June 2014. Price however recently has consolidated at a Major level of previous support. This support level was forged back in early...
Looking at the weekly chart indicated that the past couple of weeks Price has been hesitant to continue lower. In-fact looking back along this level one will notice that Price had indeed paused at...