TheFxChartist_

TheFxChartist_

Analysis – Let’s take a look at GBP/AUD as we could take a nice 200 pip swing trade if price gives us the bearish opportunity we are suggesting. Analysing GBP/AUD we can see the since the start of the year this pair has been on bull run peaking as high as 1.910. Now I am not seeing the signs that the longer-term bull run is over however we do expect some...

TheFxChartist_

Analysis – On GBP/JPY we have a long-term bearish view with the expectation that price will start a major decline towards 133.00 in the coming months and into next year. This is a view that we can see is shared amongst many institutional traders. Quoted from capital.com – “The pound to yen forecast from ‘WalletInvestor’ suggests that the GBP will peak...

TheFxChartist_

Analysis – On GBP/JPY we have a long-term bearish view with the expectation that price will start a major decline towards 133.00 in the coming months and into next year. This is a view that we can see is shared amongst many institutional traders. Quoted from capital.com – “The pound to yen forecast from ‘WalletInvestor’ suggests that the GBP will peak...

TheFxChartist_

US Dollar Index – After a lot of high impacting news for the dollar this week it is crucial that we determine the direction of the dollar heading into a new week. News Summary – There was one question every investor was eager to gain insight on and that was whether we would be given a clear path and date for when the US will begin to start tapering bond...

TheFxChartist_

AUDUSD - Looking at Aud/Usd on the daily chart we can see that we have over the past few weeks posted a higher low and also a higher high which suggests we will see the market longer term over the coming month moving towards our Major Descending Support structure area. (0.75 - 0.76). Going down on the 4 hour chart the first thing that pops out to us...