Technical Analysis

The EUR/JPY was dominated this week by the bulls, as this opened Thursday’s session a bullish gap, which has not been filled. This pair found resistance near the 145.17 level, where this formed a fractal. Now, this pair is forming a bullish pattern above the level of 143.94. If this pair manages to break the […]

The Australian dollar has shown a lot of weakness in recent days against the U.S. dollar and is expected to continue. AUD/USD stays below the resistance level 0.8929, a level that has shown great strength on this pair, as the AUD/USD has failed to consolidate above this level. Now, it is very likely that this […]

The JPY pairs experienced upward gaps yesterday and have been trending upwards in most cases. This is in agreement with the extant bullish bias. EUR/USD: This pair has rejected the recent bearish pull on it. The price broke upwards, cutting through the market line of 1.3750, while going further upwards. Clearly, the bias has turned […]

Graphene NanoChem stock (LSE:GRPH) has been a highly trending market; a favorable condition for traders and investors. You need trend before you harness gains in the market, and this is what exactly Graphene NanoChem offers. If the chart is moved backwards by several months, it would be seen that this market trended downwards earlier this […]

IFG Group shares (LSE:IFP) have been making some upswings, followed by occasional downswings. Clearly, the bulls dominate the markets. They should have done so for the most part of the year. Now that they are doing it, it is with great determination, just like someone who was asked to say “yes.” But the person replied: […]

The EUR/GBP has had a week bearish, despite the low volatility this week has dominated the forex market. This pair is forming a higher low pattern below the monthly pivot level of 0.8358. Now, the EUR/GBP is encountering strong resistance at that level and if the pair manages to continue to fall, it’s expected to […]

The USD/JPY has maintained its bullish bias and would likely test the supply level at 104.50 again. Eventually, it is hoped that the supply level would be overcome and breached to the upside. EUR/USD: The bias here is bearish and the upswing in the Williams’ % Range shows that the current northward attempt, though shallow, […]

The USDJPY moved upwards by over 170 pips last week, challenging the supply zone of 104.50 before retracing southward. The southward retracement would be temporary, for the price would soon trade further upwards. EURUSD: This pair gave a bearish signal last week – something that is still valid. There has been some rally in the […]

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The EUR/JPY is very strong and solid in the bullish trend, which is very normal current corrective movements. This pair is consolidating above support at 142.18 level. Now it is very likely to go up to the weekly resistance level of 142.80. Moreover, if this pair does break the support at the level of 142.18, […]