Hello Traders, welcome to the Daily Forex technical analysis. Today is July 25th, 2019 and we will be taking a look at the Australian Dollar against the Swiss Franc. We are currently looking at the 1 hour time frame and price action is currently coming up on the .685 support area. If price action can hold can find some kind of bullish momentum to the upside we...
Hello Traders, welcome to the Daily Forex technical analysis. Today is July 23rd, 2019 and we will be taking a look at the U.S. Dollar against the Canadian Dollar. Looking at the 4 hour time frame we are looking for price action to reach the 1.31 key resistance area for a loss in momentum and possibly an opportunity to find a profitable short. Entry for a Short...
Hello Traders, welcome to the Daily Forex technical analysis. Today is July 18th, 2019 and we will be taking a look at the Australian Dollar against the New Zealand Dollar. We are currently looking at the 1 hour time frame and are looking for price action to lose momentum as it retested it's prior lows and failed to break above. If price action cannot regain...
Hello Traders, welcome to the Daily Forex technical analysis. Today is July 17th, 2019 and we will be taking a look at the New Zealand Dollar against the United States Dollar. Looking at the 4 hour time frame we are looking for price action to cool off a bit and possibly retrace with a minor pullback to set up a long trade that yields a greater R/R. If price...
Hello Traders, welcome to the Daily Forex technical analysis. Today is July 16th, 2019 and we will be taking a look at the New Zealand Dollar against the Canadian Dollar. Looking at the 4 hour time frame we are looking for price action to lose steam heading into the .8797 resistance area. If price action fails to break above this local top we will be looking for...
Hello Traders, welcome to the Weekly Forex technical analysis. Today is July 7th, 2019 and we will be taking a look at the U.S. Dollar Currency Index on the weekly chart just to get into the calendar, and have an outlook into the upcoming week of July 8th. Looking at the Dollar Index here on a weekly time frame, we can see the DXY rebounded significantly from last...
Hello Traders, welcome to the Daily Forex technical analysis. Today is July 3rd, 2019 and we will be taking a look at the U.S. Dollar against the Canadian Dollar. Looking at the 4 hour time frame we are looking for price action to hold the current area of support at the 1.309 previous support zone. Price action had an aggressive move towards the upside and is...
Hello Traders, welcome to the Daily Forex technical analysis. Today is July 2nd, 2019 and we will be taking a look at the British Pound against the U.S Dollar. Looking at the 4 hour time frame, price action is currently retracing and we are looking at the 1.25 area to hold as support. If we do hold at the 1.25 previous support zone we will be looking for optimal...
Hello Traders, welcome to the Daily Forex technical analysis. Today is July 1st, 2019 and we will be taking a look at the Euro against the U.S Dollar. Looking at the 4 hour time frame, price action is currently stagnant and is having a hard time finding more momentum to the upside, so we are preparing for the possibility of a pullback. We are looking for price...
