Long-Term Analysis

  With Swiss Franc falling after the rate cut, this is an interesting pair to analyze today: as is moving along with Euro against dollar, this pair has reached the 1.5300 level quickly and remains bullish at the moment: next resistances will be at 1.5331, and the key zone @ 1.5360; above this last, daily charts […]

Despite the slow movements the market presents, this particular pair remains bullish, and after already testing it, close to the roof of the daily bigger channel we have been talking about, today @ 1.2080. A confirmation above today’s maximum will by next close resistance at 1.2105/10 yet above this, we have a quite clear way up to 1.2160/80 roof […]

Some time ago, I was looking at this particular pair in the long term managing the possibility of a downside break. The proposed levels that should have been broken, in fact offer strong rebounds, and the pair is way above the maximums zone and remains close to 0.8400. Looking at monthly charts, looking for a […]

While Gbp is extremely week, Japanese yen is the second most strong currency at these days. The trend is clearly bearish, and if you tale a look at this chart, you will see the pair close to the base of a channel @ 1.4690, while also indicators point in that direction. I can see some […]

Yesterday I mentioned the Swiss Franc, and the 1.1800 key level. Not a pair I prefer to trade, however, the strong relationship between Swiss Franc and Euro, both against US Dollar. We usually said the pairs move forming mirror images,and  although the correlation is weaker in shorter time frames, is still there. Anyway, the general idea […]

Looking at 4 hours charts, the pair is inside an almost perfect descending triangle. Although some theories said this is  a continuation figure, others disagree: the figure is at the end of a clear descendant previous trend, and theoretically we could expect a break trough the base to send the pair to the zone @ 1.4400 […]

Taking a look at 4 hours charts, the pair is recovering some bullish strength, after a 61.8% correction of this week rally. Momentum has turned to the upside, yet not clear signs from indicators at the moment, as the candle have just started, yet open under the 20 SMA. The pair has just attempted to […]

Taking a look at 4 hours charts, the pair is recovering some bullish strength, after a 61.8% correction of this week rally. Momentum has turned to the upside, yet not clear signs from indicators at the moment, as the candle have just started, yet open under the 20 SMA. The pair has just attempted to […]

Today is one of those days, when no matter what indicator you use, the only reasonable trade is to follow the trend and enter the market in rebounds against it. Gbp/Usd 4 hours charts indicators are way too exhausted, yet the pair already corrected almost the 38.2% of the last downleg, so if the pair […]

Gbp/Usd continues falling apart: quoting right now at 1.6060, the objective for this movement is the zone around 1.5750, a projected line of monthly minimums. Indicators still are quite oversold, so, the idea in here is take your chances to the downside, in the bullish rebounds or correction, meaning wait for the pair to regain […]