Check-out the way EURAUD rebounds from a trend-line support and is now facing resistance at another trend-line forming an equidistant channel.

EUR/AUD

Just a small hick-up before AUDUSD resumes its up-move. Seems to hold the break-out point, 0.9440-60 important resistance turned support, and rebound back above 0.9500 ultimately aiming for 0.9600.

AUD/USD

The upper trend-line resistance of an ascending channel formation on daily chart + RSI above 70 could possibly cap the upside. Would like to see a pull-back to 1.7060-50 before resumption of further up-move to 1.7220.

Cable Update (GBPUSD)

USDJPY seems to have broken down from its recent trading range and hence any pull-back should be utilized to initiate fresh short for initial downfall till 101.00-100.80 area and eventually to sub-100.00 psychological mark.

EURUSD

USDCHF manages to hold and rebound from 0.8850 support area. But would like to see it move above 0.8900 mark and reclaim 200-d MA for any sustained up-move. Would still be buying cautiously at current levels but probably would reverse the position ...

USD/CHF

It seems a bullish break-out, suggesting continuation of the recent appreciating trend. Would continue to remain buyer on every dip for initial up-move till 1350 and then 1370. Would be cautious only if it breaks below 1310

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

EURGBP now seems vulnerable to continue drifting lower, which would be confirmed once the pair breaks below 0.7970-60 immediate support. A break below this immediate support would now open up room for further downward pressure for the pair towards ...

EURGBP

Would like to see the pair holding 0.8850 support for any sustained up-move. A break below 0.8850, would open room for a further drop to 0.8750 support area.

USD/CHF

USDJPY pull-back could actually extend till 101.80-102.00, but the pair seems to have broken down from its recent trading range. Would utilise this pull-back to initiate fresh short for initial downfall till 101.00-100.80 area and eventually to ...

USD/JPY Discussion

Now that the pair has already made its move to 1.3690, would now look for long entry only once it breaks above 1.3700 aiming 1.3730. 1.3660 would be interesting to watch on the downside, if decisively breaks below would be inclined to initiate a ...

EURUSD

From current levels, we could see GBPUSD witnessing some profit taking and drop to 1.7060-50 horizontal support.

Cable Update (GBPUSD)

Waiting for a decisive move above 0.9460 for a possible sharp up-move immediately to 0.9510-30, ultimately aiming for 0.9600.

AUD/USD

Considering that NZDUSD is retracing from 0.8800 mark handle, also coinciding with the upper trend-line resistance of an ascending channel formation on weekly chart, the pair could possibly witness some corrective move towards 0.8680-60 zone.

NZD/USD

0.9440-60 area continues to act as strong resistance for AUDUSD. The pair, however, has cleared a medium-term hurdle depicted by a descending trend-line. The pair seems all set to clear the strong resistance near 0.9440-60 area and continue with its ...

AUD/USD

As we can see, AUDUSD rebounded from an ascending trend-line support on 4-hourly chart but has failed to continue the momentum and clear 0.9440-60 important resistance. However, on daily charts the pair has already cleared a descending trend-line ...

AUD/USD

A fair possibility that GBPUSD might have formed a short-term top near 1.7000 mark. Would be more inclined to initiate short positions at current levels and would add to it if drops below 1.6950. Initially aiming for 1.6920 and 1.6900. Additional ...

Cable Update (GBPUSD)

Seems unlikely to cross 173.30. However, strength above 173.30 seems to trigger accelerated up-move towards 2014 highs, 174.50-80 zone. Immediate downside potential seen till to 172.50 and 172.30. Decisive break below 172.30 could infuse additional ...

Geppy's Geppy Thread (GBP/JPY)

USDJPY has narrowed its trading range, as could reflected in a symmetrical triangular formation on 4-hourly chart. Would ideally wait for either a break below 101.80 to initiate a short position, aiming for 100.80, or strength above 102.00-102.20 ...

USD/JPY Discussion

Seems that EURUSD is all set for a big move on either side, as is depicted by formation of a symmetrical triangle on 4-hourly chart. Would wait till the pair decisively breaks above 1.3630 or drops below 1.3590. Expecting it to move towards either ...

EURUSD