True, USDJPY can drop to 98.00 mark. However, any move cannot be in a linear fashion and would always provide opportunities for fresh trade entry. Sub-100, 99.80 to be precise, is the expected first target on the downside, where I am expecting some ...

USD/JPY Discussion

USDJPY showing clear signs of a break-down, but the same would be confirmed it breaks below the horizontal line support of the triangular pattern near 101.00-100.80. USDJPY then could be vulnerable to continue drifting lower below 100.00 ...

USD/JPY Discussion

A break above 1.7150 now seems to be proving as a fake-out. A break below 1.7110 would confirm the same and GBPUSD could easily drop back to 1.7060-50 intermediate support before dropping further to 1.7000 psychological mark.

Cable Update (GBPUSD)

EURJPY approaching 137.00 mark and seems to continue dropping towards 136.40-20 horizontal support area.

EUR/JPY

NZDUSD approaching immediate support near 0.8660-40 zone. Would like to see it holding this support. A break below this immediate support seems to open up the room for further fall till 0.8570-60 horizontal support.

NZD/USD

EURGBP trading near a very important support near 0.7900 mark, the lower trend-line support of a medium-term descending channel formation on daily chart. A break below this important support seems to trigger accelerated downfall even below 0.7800 ...

EURGBP

EURUSD breaks below an important support near 1.3580-70 zone, which was also the neck-line support of the Head & Shoulders bearish chart pattern formation on 4-hourly chart. Expecting the pair to continue dropping initially to 1.3530 support and ...

EURUSD

GBPJPY breaks below an important strong resistance break point, now turned support, and an ascending trend-channel support near 173.50. The pair now seems to continue drifting lower to test 172.50-30 support area. Looking to initiate fresh shorts.

Geppy's Geppy Thread (GBP/JPY)

EURJPY breaks below an important support and now seems vulnerable to test 136.40-20 support area.

EUR/JPY

EURJPY continues holding the lower end of its trading range between 139.00-138.00. Anticipating a break lower for confirmation of the near-term bearish trend towards 136.40-20 horizontal support. Seems unlikely to retest 200-day SMA resistance near ...

EUR/JPY

GBPJPY could possibly drop to a strong resistance break point now turned important support near 173.50 zone, also coinciding with the lower trend-line support of an ascending channel formation on 4-hourly chart.

Geppy's Geppy Thread (GBP/JPY)

EURGBP now has the potential to lift the pair, even beyond 0.8000 psychological mark, towards 0.8030-40 important resistance.

EURGBP

101.40-30 area has now emerged as immediate support, which could possibly be seen as last hope for bulls, although the upside seems limited only till 102.20 region. Anticipating a break below this immediate support and drift lower initially to ...

USD/JPY Discussion

Still no bullish confirmation for USDCHF. The pair reverses back from 200-day SMA. Would wait for a decisive move and close above 0.8950 or below 0.8900 for any short-term directional call in either direction.

USD/CHF

As was expected AUDUSD manages to rebound from a very important support near 0.9330. Will now wait for a move above 0.9420 for continuation of the near-term momentum, even beyond recent highs of 0.9500, towards 0.9580.

AUD/USD

GBPUSD immediate upside resistance is pegged near 1.7150. Expecting the retracement to continue initially to 1.7050 and then to 1.6980-70 region.

Cable Update (GBPUSD)

USDCHF once again attempting to test 200-day SMA.

USD/CHF

GBPUSD seems vulnerable to further downside, at-least till 1.7060-40.

Cable Update (GBPUSD)

as of now, AUDUSD holding 0.9330 important support. See a potential rebound from this very important support.

AUD/USD

15-min chart, anticipating Gold to break below the trend-line support and drift lower to re-test 1312-13 level.

XAU/USD & XAG/USD - Gold & Silver Traders Thread