- Search Crypto Craft
- Submitted Jun 11, 2013|From forex-fx-4x.com|16 comments
Euro/dollar has broken above the recent range resistance highs on 11th June and is threatening a move towards the 61.8% Fibonacci retrace of the main swing lower from 1.3710. Any corrective move lower has the 1.3240 area prior swing high as ...
- Submitted Jun 10, 2013|From forex-fx-4x.com
Dollar/Yen chart update. USDJPY printed a bullish pinbar candle on Friday and has seen a steady continuation of the move higher early this week. However, we note that price is still trading between Senkou span A and B (the faster and slower cloud ...
- Submitted Jun 9, 2013|From forex-fx-4x.com|1 comment
Our previous update had the US dollar index trading around the 61.8% Fibonacci retrace of the last major swing higher at 82.60. We noted that this area had acted as support for three consecutive trading sessions and any failure to hold above 82.60 ...
- Submitted Jun 8, 2013|From forex-fx-4x.com
Our last GBPUSD update focused on the recent price action and confirmation break above the bullish engulfing candle which had likewise seen a short term double bottom form on cable. Price has subsequently seen a continuation to the upside inline ...
- Submitted Jun 5, 2013|From forex-fx-4x.com
The USDX (US dollar index) is trading around the 61.8% Fibonacci retrace of the last major swing higher, after finding resistance at the 84.60 area over recent weeks. This 61.8% Fibonacci area is a previous resistance level from the 3/5/13, and has ...
- Submitted Jun 1, 2013|From forex-fx-4x.com|1 comment
Our previous technical update highlighted the GBPUSD test of range support lows above the key 1.5000 handle round number. We noted that last time price hit this demand area there was a 130+ pip bounce higher for cable. The two prior attempts to ...
- Submitted May 31, 2013|From forex-fx-4x.com
Our euro/dollar analysis later in the past week highlighted a breakout above the upper trend line of the triangle pattern - as seen on the H4 chart below. A technical level located just under the H4 200 SMA (simple moving average) and the 50% ...
- Submitted May 29, 2013|From forex-fx-4x.com
EURUSD has once again found support at the 1.2850 area price pivot zone and is now trading within a triangle consolidation pattern as can be seen on the hour 4 chart below. The upper trend line is aligned with the H4 200 SMA as confluence. Any break ...
- Submitted May 28, 2013|From forex-fx-4x.com
Cable is testing the recent range support lows and is trading just above the key 1.5000 round number area once again after dropping around 0.30% on the daily basis. The last time price hit this area there was a 130+ pip bounce higher. The two ...
- Submitted May 28, 2013|From forex-fx-4x.com
The euro/dollar pair has seen a resumption of the mid-term downside trend on Tuesday, hitting a low of 1.2850 and testing the longer term price pivot area. Last weeks support comes in around 1.2820 and marks the low of an inside week formation. Any ...
- Submitted May 27, 2013|From forex-fx-4x.com|1 comment
Dollar/Yen is trading around 100 pips above the key psychological 100.00 round number area after the rejection from 103.50 area resistance. Price is also trading near to the ascending trend line as per the D1 USDJPY analysis chart below. The Kijun ...
- Submitted May 26, 2013|From forex-fx-4x.com
EURUSD Technical Analysis WC 27th May EUR/USD is still caught in the near term consolidation zone between 1.2840 area lows and the 1.3000 area range resistance. We have previously noted that the 1.3000 area is also aligned with the daily timeframe ...
- Submitted May 23, 2013|From forex-fx-4x.com|1 comment
The euro/dollar pair has found support around the 1.2840 area a longer term price pivot zone. Price had pierced this level but ultimately experienced demand. EUR/USD is caught in a near term consolidation zone between the 1.2840 area lows and the ...
- Submitted May 22, 2013|From forex-fx-4x.com
Cable has moved to a low of 1.5018 on Wednesday, covering 163% of the average daily range on increased volatility. This weeks high was capped at the price pivot zone around 1.5280, this remains as a near term upside technical level of interest. ...
- Submitted May 18, 2013|From forex-fx-4x.com|3 comments
The euro/dollar has seen an extension of the prevailing downside trend on Friday, moving to a low of 1.2795, before retracing to the two day low area from Wed/Thur around 1.2840 a longer term price pivot zone. Price is now threatening to take out ...
- Submitted May 17, 2013|From forex-fx-4x.com|3 comments
Our recent analysis has focused on the USDX 84.10 area a key dollar index technical level. Price has been testing this area over the past two days but has not yet managed a close over previous resistance. We note that the 84.22 area swing high ...
- Submitted May 15, 2013|From forex-fx-4x.com
Cable has moved to a low of 1.5171 on Wednesday, covering 104% of the average daily range, before paring earlier losses and consolidating around the days open at 1.5223. The 1.5125 area 61.8% Fibonacci level is an initial focus, for the 16th May ...
- Submitted May 14, 2013|From forex-fx-4x.com|4 comments
Our previous update noted that the failure, on Friday, to close under previous support could potentially see the euro/dollar pair retest the area around the 200 period SMA, squeezing the weaker euro shorts during early week trading. We noted that ...
- Submitted May 12, 2013|From forex-fx-4x.com
Cable experienced a strong drop from the 1.5600 confluence area on Thursday, after seeing an extended period of consolidation around the 50% retrace and upper channel line. Price subsequently dropped as low as 1.5312 on Friday, piercing the lower ...
- Submitted May 12, 2013|From forex-fx-4x.com
USDCHF Technical Update Week Of 13th May The dollar/swiss currency pair has seen a breakout above the recent range consolidation area, and the descending trend line, as per the USDCHF daily chart below. This breakout was likewise a move up through ...