Posts

Chart of the Day – Gold XAUUSD – (September 10th 2019)

After finally finding a near term top over the last couple weeks as we probed levels we have not seen since 2011/2012, gold looks like it produced the pullback that most people were waiting for.

Chart of the Day – AUDJPY- (September 9th 2019)

The AUDJPY has rallied back to key resistance which is the previous support from the June lows and also the 61.8% Fibonacci retracement at the 73.83.

Chart of the Day – USDJPY – (August 5th 2019)

The USDJPY pushed stops below the 106.00 level but managed to close the session back above the 106.00 key support.

Chart of the Day – AUDJPY – (July 11th 2019)

A setup is simply “a setup.” For now, the AUDJPY trend is down, but the reversal pattern is developing in the AUDJPY.

Chart of the Day – AUDUSD – (July 9th 2019)

The AUDUSD has been under pressure the last week after reversing from the 2018-19 trend line (blue) but is coming to a confluence of support.

Chart of the Day – CADJPY – (July 8th 2019)

The BOC decision Wednesday may have a little more impact for the CADJPY considering the major confluence of resistance we hit today.

Chart of the Day – USDJPY- (June 20th 2019)

The USDJPY broke down under pressure with yields falling and gold rallying, the natural path of least resistance for the pair was lower.

Chart of the Day -EURJPY- (June 5th 2019)

The EURJPY tested major resistance ahead of the ECB meeting. When a pair hits a level so many times, we often refer to that level the “bull/bear” line.

Chart of the Day -GBPJPY- (May 28th 2019)

The GBPJPY is moving lower within a descending wedge as we surpass the 127% extension of the Feb lows to March highs.