Analyse technique

AUD/NZD is supported at 1.0360


Today we witnessed a slowing growth in the NZ Trade Balance, which fell below forecasts. It has followed a string of positive data from NZ, but as we saw last week, in my opinion. there was a slightly dovish stance from the RBNZ. Despite this, the NZD has made gains...


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US Dollar in Final Trading Week of 2nd Quarter 2017


This week the EUR/USD is moving up towards a confuence zone of massive resistance. Chris is looking for a bearish reversal but will keep a close eye on 1.13 as a critical decision point. The GBP/USD is also approaching key resistance whereas the USD/JPY could be completing a bullish zigzag.


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EUR/JPY Flat Top Ascending Triangle Formation


The EUR/JPY has formed a flat top ascending triangle formation on H1 time frame, which suggests a possible continuation of bullish trend. Each triangle is a form of consolidation before the breakout, while the ascending triangle is a sign of uptrend. At this point we can see that the double...


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GBP/JPY Retracement in Downtrend


The GBP/JPY has made a recovery from the bottom which was supported by M L4 camarilla pivot. At this point the pair is rejected by a trend line coming from May's highs. We might see a rejection from 141.70 if the price doesn;t break the trend line, but if it...


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EUR/GBP Positive Momentum Above 0.8833


The EUR/GBP has recently made a u-turn after the V shaped reversal formed and pushed the price from the D L4 support. At this point the POC zone is 0.8790-0.8805 (D L3, EMA89, ATR pivot, 50.0, W H3, historical buyers) and if the price gets into the zone again, we...


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