Hello Traders, welcome to the Weekly Forex technical analysis. Today is June 30th, 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. Looking at the Dollar Index here on a weekly time frame, we can see the DXY ended pretty mixed last week. Going into...
Hello Traders, welcome to the Daily Forex technical analysis. Today is June 28th, 2019 and we will be taking a look at the U.S. Dollar against the Japanese Yen. Looking at the overall structure price action may be retracing to its previous area of resistance near the 108.0. If price action reaches to previous levels of resistance and doesn't flip and hold on it as...
Hello Traders, welcome to the Daily Forex technical analysis. Today is June 27th, 2019 and we will be taking a look at the Canadian Dollar against the Japanese Yen. Looking at the 4 hour time frame we can see price action has visited the 82.3 region which it has done so in quite some time. It has taken out it most recent active highs and made new highs and we will...
Hello Traders, welcome to the Daily Forex technical analysis. Today is June 26th, 2019 and we will be taking a look at the Australian Dollar against the Canadian Dollar. We are currently looking for price action to have a minor pullback into its previous area of support near the .91 region. If we do get a pullback and it holds at this area we would be looking for...
Hello Traders, welcome to the Daily Forex technical analysis. Today is June 21st, 2019 and we will be taking a look at the British Pound against the Canadian Dollar. Looking at the 1 hour time frame we are looking for price action to reach its previous area of resistance near the 1.678 region and stall out. If price action reaches this area and does lose momentum...
Hello Traders, welcome to the Daily Forex technical analysis. Today is June 20th, 2019 and we will be taking a look at the Canadian Dollar against the Japanese Yen. Looking at the 1 hour time we are now looking for this current level of support at the 81.2 area to hold, if so we will be looking for an entry with a great risk to reward ratio. Entry for a Long...
Hello Traders, welcome to the Daily Forex technical analysis. Today is June 19th, 2019 and we will be taking a look at the New Zealand Dollar against the Swiss Frank. Looking at the 1 hour time frame price action had a minor pullback back of the current structure into its previous area of support around the .650 area, if the conditions are optimal we will be...
Hello Traders, welcome to the Daily Forex technical analysis. Today is June 18th, 2019 and we will be taking a look at the British Pound against the New Zealand Dollar. Looking at the 1 hour time frame we are looking for price action to reach its previous area of resistance near the 1.92 region and stall out. If price action reaches this area and does lose...
Hello Traders, welcome to the Daily Forex technical analysis. Today is June 17th, 2019 and we will be taking a look at the Euro against the Japanese Yen . Looking at the 1 hour time we are now looking for a pullback back of the current structure which could possibly be shorted but we will be looking for a profitable long opportunity on the retest of a previous...
Hello Traders, welcome to the Daily Forex technical analysis. Today is June 14th, 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 its previous area of resistance near the 1.336 region and stall out. If price action reaches this area and does lose momentum we...
Hello Traders, welcome to the Daily Forex technical analysis. Today is June 12th, 2019 and we will be taking a look at the Euro against the Japanese Yen. Looking at the 1 hour time we are now looking for a pullback back of the current structure into an area of previous resistance near the 81.3 area, where we would look an entry to go short. Entry for a Short...
Hello Traders, welcome to the Daily Forex technical analysis. Today is June 11th, 2019 and we will be taking a look at the Euro against the Japanese Yen. Looking at the 1 hour time we are now looking for a pullback back of the current structure which could be shorted but we will be looking for a profitable long opportunity on the retest of a previous support area...
Hello Traders, welcome to the Daily Forex technical analysis. Today is June 7th , 2019 and we will be taking a look at the Australian Dollar against the Japanese Yen. Looking at the 1 hour time price action is retesting it's previous resistance area of 75.8. If price action continues to lose steam at this region we will be looking for an opportunity to short...
Hello Traders, welcome to the Daily Forex technical analysis. Today is June 6th, 2019 and we will be taking a look at the Australian Dollar against the Japanese Yen. Looking at the 1 hour time price action is continuing to fall to the downside in a choppy range creating lower highs and lower lows. Currently we are waiting for price action to pullback to its...
Hello Traders, welcome to the Daily Forex technical analysis. Today is June 5th, 2019 and we will be taking a look at the New Zealand Dollar against the U.S. Dollar. Looking at the 4 hour time were looking for price action to reach its previous zone of resistance near the .6646 area where we would look for an opportunity to short. Entry for a Short position near...
Hello Traders, welcome to the Daily Forex technical analysis. Today is June 4th, 2019 and we will be taking a look at the Euro against the U.S. Dollar. Looking at the 4 hour time frame we can see price action had a nice bullish continuation to the upside breaking above major key support and resistance areas, and nailing the top the trend line as resistance...
Hello Traders, welcome to the Daily Forex technical analysis. Today is June 3rd, 2019 and we will be taking a look at the British Pound against the U.S Dollar. Looking at the 1 hour time price action is currently in a minor retracement, we're watching to see if price action can hold the 1.25 area as support. If price action does retrace and find support around...
Hello Traders, welcome to the Weekly Forex technical analysis. Today is June 2nd, 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. Looking at the Dollar Index here on a weekly time frame, overall the structure still remains pretty bullish as long as...
