USDCHF technical analysis, 2017

USDCHF preparing for its first bullish correction wave |10th June, 2017

Posted Posted in Technical Analysis

USDCHF Technical Analysis: Preparing for its first bullish correction wave |10th June 2017 First Critical Resistance: 0.9810 Second Critical Resistance: 0.9890 First Critical Support: 0.9616 Second Critical Support: 0.9540 Overall Sentiment: Bullish Δ There has been a massive decline in the USDCHF pair after the U.S dollar index fell from its 14-year record high in the Read More

USDJPY back into ascending channel zone | 18th May 2017

Posted Posted in Technical Analysis

USDJPY technical analysis: Back into the daily ascending channel |18th May 2017 First critical Resistance: 111.48 (Channel resistance) Second critical Resistance: 115.42 (High of 10th March 2017) First critical Support: 107.96 Second Critical Support: 105.40 Overall Sentiment: Bearish∇ The USDJPY pair rallied higher and broker the channel resistance level but ultimately failed to keep its Read More

latest usdjpy technical analysis

Possible breakout of channel resistance in USDJPY pair | 4th May 2017

Posted Posted in Technical Analysis

USDJPY technical analysis: Possible breakout of channel resistance |4th May 2017 First critical Resistance: 112.70 (Channel resistance) Second critical Resistance: 115.42 (High of 10th March 2017) First critical Support: 108.23 Second Critical Support: 105.40 Overall Sentiment: Bullish Δ The USDJPY pair rallied higher towards the channel resistance level and we have booked 75 percent of our Read More