Currently in an uptrend and with price overbought the pair sold off on Friday after failing to break above resistance but on the verge of breaking above a double top or forming a triple top. I except sideways to downward price action this week with ...

EURUSD

The GBPUSD is currently trading in a very narrow sideways range in dead center of the channel. There simply is no trade here either way. There is no edge. Price is flat. I will wait for price to trade toward support before looking for buy side ...

Cable Update (GBPUSD)

The EURGBP is currently trading a point where it could either breakout out of the current falling channel or fall back right into it. Monday will provide an easy entry either long or short depending on if price trades above/below Friday’s high or ...

EURGBP

Currently the pair is an uptrend with price overbought and rejected by resistance forming a possible double top. On Friday the better than expected non-farm payrolls set the tone for more taper to come and the NZD/USD sold off of resistance pretty ...

NZD/USD

If so - then why a 6-standard-deviation miss? Didn't the 45 economists who forecast this data already know this when applying their forecasts?

AUD/USD

Not sure what you were seeing... but I called it 100%...

EURUSD

The AUDUSD is now having trouble holding gains. Although it is possible a run toward 0.9200 occurs in the coming weeks/months right now if 0.8910 breaks the play will be short. Currently the pair’s trend has changed and is now slightly bearish. It ...

AUD/USD

Currently the pair is trading within a range between 138.50 and 141.30. The EURJPY was rejected again by the 141.30 resistance on on Friday. I am curious to see where this pair opens on Monday and if a gap comes into play. Let’s take a look at the ...

EURUSD

The USDJPY is having trouble holding gains and it looks like the bears are gaining some control. Currently the trend is changing and is now slightly bearish. I am looking to see any retrace upwards towards 102.65 until that level gives way and no ...

USD/JPY Discussion

Currently in an uptrend and with price leaning toward oversold the pair now is trading at a critical point. Closing below resistance of 1.3800 on Friday yet on the verge of breaking out it all eyes are on Draghi on Monday to see what happens next. ...

EUR/JPY

Currently in an uptrend with price leaning toward overbought. Having held support of 1.6602 the trend and market sentiment continues to be up. Until a test of the 1.6821 high or break of 1.6602 support. Let’s take a look at the charts in the video ...

Cable Update (GBPUSD)

Currently overbought in an uptrend with price bouncing off of the upper channel resistance the EUR/GBP looks ready to resume it’s downtrend. Being this pair includes the EUR Monday’s action or inaction by Draghi will set the tone for this pair. On ...

EURGBP

Currently the pair is an uptrend with price oversold at resistance. A perfect place for a counter-trend trade entry. The NZD/USD is setup nicely unable to break resistance on Friday and closing near the low of the day after failing to break the ...

NZD/USD

The EURGBP closed last week in a bearish engulfing pattern strongly at the lows and after a bullish engulfing pattern the prior week. Currently in a strong downtrend and with price in oversold territory and near resistance. Being so close to ...

EUR/GBP - What a great pair to trade!

Currently in an uptrend and with price overbought. Does the NZDUSD have another push coming to the upside or this an excellent level to sell here? Let’s take a look at the charts in the video together to see. video

NZD/USD

Thanks Ringwraith. Here is the EURJPY video

EUR/JPY

I agree. I am on the sidelines waiting for a break either of 140.25 and 138.60 to provide an entry and direction. Here is what I am seeing: video

EUR/JPY

The USDJPY is currently trading within a falling channel toward the upper portion of the channel. Currently in an downtrend and with price slightly oversold. My view on the pair is a bit of wait and see. With price last week slightly down but in a ...

USD/JPY Discussion

Yeah, I actually do agree with you. I am very neutral on the AUDUSD currently. It is hard to tell. Sentiment is definitely slightly bullish but we are trading at resistance and the pair lagged against the USD last week compared to others. The ...

AUD/USD

I actually agree with a lot of what you are saying. It appears I am more focused on a near term analysis and you a bit further out. I like to be aware of the longer term trend so your post is helpful. When does the change of trend (box color) ...

EURUSD