Ardy

Ardy

USDJPY – The US Dollar is gaining ground against the Japanese Yen. All looks happy and dandy for the USDJPY bulls at the moment. Every day is a Sunday and they can smell the flowers while trading on their desk. But how long can this elevated move in the USDJPY sustain itself? If you look at the daily chart above, it is quite clear that we are in a down trend. We...

Ardy

Look to short towards support zone. SL at 116.5 for 1:1 Risk Reward ratio.

Ardy

Bullish in this pair. Read comments on chart. Follow me at www.facebook.com

Ardy Updated 

Good employment figures from down under.

Ardy Updated 

Around 1.524 to 1.526.

Ardy Updated 

Short at supply zone.

Ardy Updated 

Pair now in sideways mode as we wait for the outcome of the Jackson hole meeting today.

Ardy Updated 

Bulls are in charge and break out above the resistance downtrend line on daily time frame.

Ardy Updated 

AUDSGD is near historical lows but current price action is showing the pair in a sideways consolidating channel.

Ardy Updated 

EURAUD - Here is an idea to go long on this pair on the daily timeframe. This pair has formed a Higher Low (HL) and has broken resistance zone at 1.487. You can also see that that zone is the neckline of an inverse head and shoulders pattern. Another reason supporting a buy trade. MACD histogram is above zero line and supporting a bullish trend although the...

Ardy Updated 

Bullish pintail spotted on base of channel.

Ardy Updated 

Good support seen at 101.416. SL at 101.313. TP at Main pivot at 102.65.

Ardy

Pair in a range. Stop loss above 1.04. Target bottom of range or 1.00.

Ardy Updated 

retrace to the upside still intact.

Ardy

The pair have been going sideways for a few days now and looking for direction. At the moment I am in waiting mode.

Ardy

GBPJPY - R1 acted as resistance and pair decided to go lower. I won't discount a continued up move. Look at the daily candle bodies in the last 2 sessions. Small bodied and lacking the impulse moves we see in previous red candle moves at resistance. If it goes lower, the clustering of 15ema, 21ema and 21smma can act as support. A bounce off such support can...

Ardy

Pair at the bottom of trendline marked as TR4. Downside support at 1.46. Any retrace up should be capped by 1.49 and 1.50 resistance.

Ardy

Trading above the 21 ema and the 21 smma, the pair is moving sideways in low liquidity end of year trading.