Hello Traders, welcome to the Daily Forex technical analysis. Today is October 24th, 2019 and we will be taking a look at the British Pound against the New Zealand Dollar. Looking at the 1 hour time frame we are looking for price action to hold above the trend line acting as support the 2.016 region. If we can continue with a bullish follow through and stay above...
Hello Traders, welcome to the Daily Forex technical analysis. Today is October 23rd, 2019 and we will be taking a look at the New Zealand Dollar against the Japanese Yen. Looking at the 1 hour time price action is nearing it's previous area of resistance at the 69.6 region, if we continue to move upwards moving back above the trend line and our stop loss this...
Hello Traders, welcome to the Daily Forex technical analysis. Today is October 22nd , 2019 and we will be taking a look at the Australian Dollar against the Japanese Yen. Looking at the 1 hour time price action is nearing it's previous area of support at the 74.3 region. If we can touch this support area and hold it and not break below our stop loss we will be...
Hello Traders, welcome to the Daily Forex technical analysis. Today is October 14th, 2019 and we will be taking a look at the Euro against the Australian Dollar. Looking at the 1 hour time we are now looking for price action to find support with this minor pullback at the 1.626 region after breaking above resistance and flipping bullish. If price action can hold...
Hello Traders, welcome to the Daily Forex technical analysis. Today is October 10th, 2019 and we will be taking a look at the Euro against the New Zealand Dollar. Looking at the 1 hour time frame, we are looking for price action to pullback into it's previous area of resistance at the 1.74 area. If price action can pull back into this resistance region and reject...
Hello Traders, welcome to the Daily Forex technical analysis. Today is October 9th, 2019 and we will be taking a look at the Euro against the U.S Dollar. Looking at the 1 hour time frame, price action has broken a key level of support breaking down through it at the 1.09 region and now action as resistance. If price action continues with it's bearish sentiment and...
Hello Traders, welcome to the Daily Forex technical analysis . Today is October 7th, 2019 and we will be taking a look at the Canadian Dollar against the Japanese Yen . Looking at the 1 hour time frame we can see price action has attempted to reach its previous area of resistance at the 80.7 region, but failed to make bullish continuation at this zone. We will be...
Hello Traders, welcome to the Daily Forex technical analysis. Today is October 4th, 2019 and we will be taking a look at the New Zealand Dollar against the Canadian Dollar. Looking at the 1 hour time frame we are looking for price action to possibly pullback into the .8427 area and retest this area of resistance. If we do get a pull back and price action doesn't...
Hello Traders, welcome to the Daily Forex technical analysis. Today is October 1st, 2019 and we will be taking a look at the British Pound against the New Zealand Dollar. Looking at the 1 hour time frame, price action is currently retracing and we are looking at the 1.967 area to hold as support. If we do hold at the 1.967 previous support zone we will be looking...
Hello Traders, welcome to the Daily Forex technical analysis. Today is September 30th, 2019 and we will be taking a look at the Euro against the Canadian Dollar. Looking at the 1 hour time we are now looking for price action to pullback into it's previous area of resistance at the 1.446 area. A Short entry near the 1.44691 area, with a Stop Loss near the 1.45142...
Hello Traders, welcome to the Daily Forex technical analysis. Today is September 18th, 2019 and we will be taking a look at the Euro against the Japanese Yen. Looking at the 1 hour time we are looking for price action to make another lower high or double top at this previous area of resistance near the 119.9 region. If price action doesn't flip bullish here by...
Hello Traders, welcome to the Daily Forex technical analysis. Today is September 13th, 2019 and we will be taking a look at the Euro against the Australian Dollar. Looking at the 1 hour time we are now looking for price action to continue with its current bearish sentiment and reach a lower area of support near the 1.6 area. Entry for a Short position near the...
Hello Traders, welcome to the Daily Forex technical analysis. Today is September 12th, 2019 and we will be taking a look at the New Zealand Dollar against the United States Dollar. Looking at the 1 hour time frame we are looking for price action to possibly pullback into the .639 area and retest this area of resistance. If we do get a pull back and price action...
Hello Traders, welcome to the Daily Forex technical analysis. Today is September 11th, 2019 and we will be taking a look at the Euro against the New Zealand Dollar. We are looking for price action to continue with it's bearish sentiment as it broke-down below the trend-line that was supporting price action. The last area of resistance was the rejection of the 1.72...
Hello Traders, welcome to the Daily Forex technical analysis. Today is September 10th, 2019 and we will be taking a look at the Australian Dollar against the Canadian Dollar. Looking at the 1 hour time frame we can see price action with an impulsive choppy movement as it continues to move higher. We will be looking at the trend line of the ascending triangle that...
Hello Traders, welcome to the Daily Forex technical analysis. Today is September 9th, 2019 and we will be taking a look at the Euro against the Canadian Dollar. Looking at the 1 hour time we are now looking for price action to pullback into it's previous area of resistance at the 1.458 area. If price action continues on with its bearish sentiment and doesn't reach...
Hello Traders, welcome to the Daily Forex technical analysis. Today is September 6th, 2019 and we will be taking a look at the Canadian Dollar against the Japanese Yen. Looking at the 1 hour time frame we can see price action has attempted to reach its previous highs near the 81.1 region, but failed to make a higher high. We will be looking for an opportunity to...
Hello Traders, welcome to the Daily Forex technical analysis. Today is September 5th, 2019 and we will be taking a look at the Euro against the Canadian Dollar. Looking at the 1 hour time we are now looking for price action to lose momentum and pullback into it's previous area of resistance at the 1.458 area. If price action continues on with its bullish sentiment...