Home » Market Research »
Autochartist Forecast
Watching Short Term Yen Pair Set Ups
The yen pairs are on the move again as the Dow Industrial has been moving more within the current, tight range between 8,900 and 8,200. We'll take a look at some 15 minute chart pattern alerts across USD/JPY, EUR/JPY, and GBP/JPY.
The yen pairs are on the move again as the Dow Industrial has been moving more within the current, tight range between 8,900 and 8,200. We'll take a look at some 15 minute chart pattern alerts across USD/JPY, EUR/JPY, and GBP/JPY.
1 July | 
0 comments
0 comments EUR/USD Reaches 1.4150 Decision Level
The EUR/USD has been climbing steadily against the U.S. Dollar and prices have been testing the 1.4138 to 1.4154 resistance area. The 15 minute Reversal Rising Wedge Complete Pattern alert traded up to the 1.4110 to 1.4140 resistance Forecast Region.
The EUR/USD has been climbing steadily against the U.S. Dollar and prices have been testing the 1.4138 to 1.4154 resistance area. The 15 minute Reversal Rising Wedge Complete Pattern alert traded up to the 1.4110 to 1.4140 resistance Forecast Region.
30 June | 0 comments
0 comments GBP/USD Nears Ascending Triangle Resistance
The GBP/USD had been losing ground early in the London session, only to find near term support just below 1.6500. The Continuation Channel Up Emerging Pattern alert shows the uptrend line support on the 15 minute chart as the pound gains on the dollar.
The GBP/USD had been losing ground early in the London session, only to find near term support just below 1.6500. The Continuation Channel Up Emerging Pattern alert shows the uptrend line support on the 15 minute chart as the pound gains on the dollar.
29 June | 0 comments
0 comments Dollar Weakens as Dow Rallies and USD/JPY Breaks Lower
The relationship between the Dow Jones and U.S. Dollar Index has been opposite. As the risk appetite is returning to the market with yesterday's 172 point rally in the Dow, the U.S. Dollar's flight to safety trade has been unraveling.
The relationship between the Dow Jones and U.S. Dollar Index has been opposite. As the risk appetite is returning to the market with yesterday's 172 point rally in the Dow, the U.S. Dollar's flight to safety trade has been unraveling.
26 June | 1 comment
1 comment USD/CAD Breaks Ceiling, Follows Uptrend
The 240 minute USD/CAD is trending higher as it has broken the 1.1500 resistance and psychological level. The set up discussed yesterday considered what the set up would be if prices could not break the ceiling, as the Initial Trend was not high and there was considerable resistance on short term charts.
The 240 minute USD/CAD is trending higher as it has broken the 1.1500 resistance and psychological level. The set up discussed yesterday considered what the set up would be if prices could not break the ceiling, as the Initial Trend was not high and there was considerable resistance on short term charts.
25 June | 0 comments
0 comments USD/CAD Transitioning at 1.1500 Ceiling
There are always a number of ceilings (resistance levels) to watch on any chart and time frame. The trick to trading is knowing which one the market will react to.
There are always a number of ceilings (resistance levels) to watch on any chart and time frame. The trick to trading is knowing which one the market will react to.
24 June | 0 comments
0 comments EUR/USD Breaks Short Term Congestion
As prices bounced between the two trendlines of a very shallow EUR/USD Continuation Channel Down pattern, the 15 minute time frame consolidated.
As prices bounced between the two trendlines of a very shallow EUR/USD Continuation Channel Down pattern, the 15 minute time frame consolidated.
23 June | 0 comments
0 comments USD/JPY Forming Short Term Congestion
The 15 minute USD/JPY has formed a Continuation Rectangle with a ceiling at 96.27 and a floor at 95.78. This is a short term time frame, but one that has defined the range of this pair since the Sunday open.
The 15 minute USD/JPY has formed a Continuation Rectangle with a ceiling at 96.27 and a floor at 95.78. This is a short term time frame, but one that has defined the range of this pair since the Sunday open.
22 June | 0 comments
0 comments U.S. Dollar Continues to Consolidate, as Does USD/CHF
The USD/CHF has been consolidating across intraday timeframes. This is as the U.S. Dollar is ranging around the 80.50 level. All eyes continue to be on the U.S. Dollar as crude oil once again is trading above 72.00.
The USD/CHF has been consolidating across intraday timeframes. This is as the U.S. Dollar is ranging around the 80.50 level. All eyes continue to be on the U.S. Dollar as crude oil once again is trading above 72.00.
19 June | 0 comments
0 comments U.S. Dollar Makes Intraday Double Bottom
After Wednesday's midday U.S. Dollar sell-off there were many traders asking themselves if the 80.00 level would hold or not. For a price level to hold, it must be able to attract buyers for support.
After Wednesday's midday U.S. Dollar sell-off there were many traders asking themselves if the 80.00 level would hold or not. For a price level to hold, it must be able to attract buyers for support.
18 June | 1 comment
1 comment My FXBank
SUBSCRIBE
Weekly Forex Newsletter
|
|
