Home Forex

Forex

Technical Outlook on major and minor currency crosses.

BTC/USD: Basing pattern

17 JUL 2018 The lack lustre trading since mid-June has resulted in a basing pattern after months of declines. Chances of a reversal and recovery...

EUR/GBP Update: Still weak

12 JUL 2018 Even though we expected a bit more bearish ferocity, the overall outlook remains relatively weak for the Euro. Prices have entered the...

USD/JPY: Long-term buy

12 JUL 2018 After weeks of low low trading dynamics, the bulls have finally - and convincingly - taken out the multi-year resistance around 112....

USD/INR Update: Moderate correction

12 JUL 2018 Prices have reached the major pivots of 2013, 2016 and 2017 around 68.70/68.90. We expected a break above these pivots, but is...

GBP/AUD Update: Sellers return

Sterling is waning across the board. The outlook versus the Australian Dollar is particularly interesting for long term investors. Mid-May sellers triggered a new down...

EUR/CHF Update: Consolidation in down trend

2 JUL 2018 Sellers hold their grip on the market. The current consolidation pattern occurs within the intraday down trend and at the end of...

USD/CLP Update: Improvement

The weekly down trend has come to an end, offering the US Dollar more room for recovery. 680 and the more important pivots around...

USD/TWD Long Term Update: Nearing resistance

The strong recovery has brought prices near the resistance cluster around 30.75. A period of consolidation and/or profit taking is expected. Whether this is...

GBP/JPY Update: Down trend continues

27 JUN 2018 Our earlier bearish forecast is developing nicely. Various support levels have been taken out, leaving the 135.55 and 126.65 levels as new...

CHF/JPY Update: Short-entry

Despite the very differing time frames, the developments (i.e. market phase) of the 420-minute intraday chart is about the same as the weekly chart....

AUD/JPY Update: Sellers maintain grip

25 JUN 2018 Yen strength continues to amaze. Not only versus USD, but especially versus virtually all major and secondary currencies the Yen shows long-term...

USD/KRW Update: Uncertain

The recent bounce is too large to maintain a bearish stance. Then again, upside potential is very limited; between 1110 and 1145 the market...

USD/COP Update

25 JUN 2018 The major surge in USD has not affected the Colombian Peso too much. Although it's relative strength to the USD has faded...

EUR/USD Update: Moderate recovery

22 JUN 2018 The recent bounce has left a double bottom pattern on the intraday chart. This is all not very surprising, especially with vicinity...

CHF/ZAR Update: Correction ends

The drawn out correction of the past three years is coming to an end, thus resuming the multi-year uptrend (since 2005). Prepare for significantly...

NOK/SEK Update: Significant upside potential

Bullish dynamics for NOK is picking up steam. The internal trend line has been taken out and a new higher base has been set....

ADA/BTC: Underperformance continues

Note: the leading four zero's are omitted for clarity. Example: 0.00002550 is quoted as 2550. Like most major crypto's around, Cardano (ADA) has been underperforming versus...

EUR/NZD Update: Trading short

18 MAY 2018 Seller should make a push towards minimally 1.6160 over the coming days and weeks. Stops can be maintained relatively nearby, so risk/reward...

USD/CHF Update: Counter trend phase

30 MAY 2018 The recent declines are classified as a regular counter trend phase. Declines towards 0.9850 and even 0.9725 will not alter the main...

USD/NOK Update: Still decent potential

29 MAY 2018 There is a bit more upside potential after clearing the cloud resistance on the weekly chart. Near term targets at 8.1150 have...

EUR/AUD Update: High intensity down trend

29 MAY 2018 The high intensity down trend has just surpassed the first target at 1.5410. The next target comes in at 1.5140 which is...

EUR/ZAR: More Weakness Expected

EUR/ZAR medium term outlook.

EUR/JPY Update: Correction extends

23 MAY 2018 A much deeper correction is expected now that the intraday support at 129.20 has been taken out convincingly. 126.30 (cloud support) and...

AUD/CAD Update

A slight recovery is likely after the recent sell off. Such a bounce will not have an impact on the medium and longer term...

EUR/TRY Update: Free Fall

22 MAY 2018 The Lira is in free fall. Due to major risks (of collapse or (bizarre) intervention we strongly suggest avoiding this market is...

EUR/SEK Update: Deeper correction under way

21 MAY 2018 The support at 10.3650 has failed to hold the market. This means that the initial counter trend dip has turned into a...

USD/BRL: Buy Dips

17 MAY 2018 The first projection at 3.4750 has been surpassed (for vigour) and momentum remains good. A continuation towards the pivots of 2016 around...

Russian Ruble Outlook

Medium term outlook on the Ruble Crosses versus Yen, Euro, US Dollar and Yuan.  EUR/RUB The current pull back has room to about 71.58 (old breakout...

USD/JPY Update: Nearing resistance

15 MAY 2018 The uptrend of the past 6 weeks is nearing considerable resistance between 111.25 and 112. Here the multi-tested resistance line of 2015...

NZD/USD Update: Back to the lower range

8 MAY 2018 The anticipated bullish breakout did not materialize. Indeed, the failed breakout (of 2017) leads to the regular sell-off. Prices are heading towards...
WhatsApp chat