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Prior chart: AUD/USD since our last post has fallen 150 pips with still some more downside to go. The landing spot is firmly set at 0.6700. Dollar strength looks to have full control over the AUD and we could look to see another 70 pip decline heading into early next week. There is a small amount of high impact news...

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Prior chart: After a recent successful 400 pip downside movement from the last chart update, we can see further bearish momentum on the horizon for this pair. The USD strength and pressured sentiment are still active and looking over the next 12 months, we could see some very low prices on GBP/USD and other GBP pairs....

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0.6700 is the target we've suggested before on AUD/USD and after the recent volatile markets, we are moving lower at a rapid pace. Tomorrow holds more high impact news so make sure to trade safe. More USD strength is expected over the next couple of weeks, which should keep the momentum bearish on this pair.

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There seems to be an everlasting weakness for the pound as the lacklustre story continues. As for the technical side, we are looking bearish here on the GBP/USD with potential for the next leg to the downside to occur. Overall from a weekly perspective we are looking ahead at 1.1800 being a long term downside target.

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$1,800 followed by $1,750 are the respected downside targets for XAU/USD. Looking at the data for the rest of the week it is possible to start seeing the precious metal fall over with momentum heading into next week. We will stay updated on this instrument with our short bias and see if we get further downside movement in this scenario.

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These past few days we have had our eyes on USD/CAD which is at a crucial level. Approaching 1.2500 this level is likely to be achieve shortly being a 4-hour fib D extension level, but then are we going to break the supportive structure looking left or are we going to revisit the descending trendline? It is possible for a sharp movement back up if the dollar can...

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As the UK goes into a 4 day weekend with the Jubilee bank holiday the pound is looking very desperate especially on the GBP/AUD. It is currently holding onto support arround the 1.7450 region and looking at previous downside breakouts at this level in the past we have seen a 200 pip sharp movement which could be very worrying for the pair. On the higher...

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We have had a week of rest bite for most currencies as the dollar eases of its bullish pressure. As we look ahead to next week, we can see multiple patterns emerging for potential euro weakness which may provide shorting opportunities on EUR/JPY for a bearish leg to the downside. Obviously we will need confirmation of the counter trend ascending line breakout...

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After analysing the EUR/JPY we can see a potential short opportunity lining up. 136.50 could provide as a fantastic area to look for a bounce on this 4-hour descending trendline. We have some EUR fundamentals heading into this afternoon. Ultimately the downside targets are 131.50 then 130.50. If we get this movement to play out, it will now likely occur over next week.

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After some recent success on this pair its time to have a look at the next forecast. 0.7100 seems to be an ideal region for the pair to pull back up to before taking another plummet lower. The long term monthly downside target still remains at 0.6700 but we can see more manipulation coming around these daily moving averages. Lets see if we can get a further...

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1.7500 is the next immediate downside target for GBP/AUD. The fundamentals heading into next week are looking bleak for the pound and continued weakness across the board is to be expected from the worse than expected GDP growth rate. Further downside could be expected past this target looking beyond next week. Lets see how strong this bearish closure will be for...

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With more strong data on the USD coming out by the minute a further extension higher is to be expected for the remainder of this month. 110.00 looks to be an ideal upside target with many confluences. A large multi month uptrend and Fibonacci seems to be playing out well and this up trend is being respected on most of the timeframes. Downside opportunities may...

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AUD/USD is still looking to land at 0.7000. The last breakdown we did on this pair was above 0.7150, since then we did decline slightly but overall moved sideways. If we can continue with this bullish momentum on the dollar then 0.7000 may be the first target of many to the downside on this pair. This 2-Hour 200 MA is providing strong resistance with many...

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The zone/region just above $1,850 should provide an area of support for a potential rebound and recover some of its earlier losses this week. I wouldn't jump in long at this point as we are looking to experience more manipulation in sight of the fed interested rate decision later tonight. But at this price point we could see a new leg to the upside approaching....

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Prior chart: We recently broke down this pair at the zone just above 1.0850 with anticipations of nearly a 400 pip move down to 1.0500 which has now been precisely met. The dollar strength is still showing strength and this could continue in the coming weeks. Further dollar news is coming in this afternoon so make sure...

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Like most of the majors recently, AUD/USD has been plummeting like no tomorrow. 0.7000 could be on the cards looking at the inflation rates coming in tomorrows early hours. As there is expected high volume over the next 12 hours please trade safe. Overall our bearish bias remains in place and further downside is to be expected.

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The dollar index edged higher to over 100 after hitting a fresh May 2020 high. The fundamentals have taken the index to new highs on the back of the federal reserve active monetary policy. The dollar is gaining against all other currencies and this momentum is expected to continue into next week looking at many sources online. This price also comes at a time of...

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After reviewing the strength building on the dollar, it is clear to see the strong trends forming across the major currency pairs. 1.0500 is the next weekly/monthly directional target to the downside sitting almost 400 pips away. We have a small amount of US and EU news heading into the final stages of this week. However we are looking at long term possible...