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    • T@rantula replied Mar 13, 2015

      NZDUSD has reversed the trend after RBNZ decided to keep the rates unchanged. From technical standpoint NZDUSD is standing at first POC (L3, 38.2) at 0.7330 currently and it could bounce off this level towards 0.7430. If H1 candle closes above the ...

      Spider's Den
    • T@rantula replied Mar 12, 2015

      USDJPY is in retracement but as we can see on H1 chart, the pair made a lower high at H3 level. That implies possible continuation of short selling towards 120.70-120.50. The pair is rejecting L4 support and it is retracing towards POC. POC ( DPP, ...

      Spider's Den
    • T@rantula replied Mar 11, 2015

      A long way till 6500. Weekly chart image H4 chart with weekly camarilla levels image Clear downtrend but I expect reaction at 78.6 weekly fib. Look at the history. The pair definitely found buyers there. Also by looking at h4/weekly we can see ...

      Spider's Den
    • T@rantula replied Mar 11, 2015

      GBPUSD has entered a new bearish momentum and we can see that M 1 2 3 reversal pattern is forming on H1 time frame. Until break of 1.5025 confirms the M GBPUSD may be trapped between 1.5035 and 1.5095. Fresh sellers can be expected at 1.5080-1.5100 ...

      Spider's Den
    • T@rantula replied Mar 10, 2015

      I need to do the math and observe weekly charts in this case. First impression is that the price can go to 6500 and below, but then definitely there will be a form of intervention from RBA part. Try to observe historical price action around 6500 to ...

      Spider's Den