FuturesForexClasses

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is June 18th, 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 reach its previous area of resistance near the 1.92 region and stall out. If price action reaches this area and does lose...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is June 17th, 2019 and we will be taking a look at the Euro against the Japanese Yen . Looking at the 1 hour time we are now looking for a pullback back of the current structure which could possibly be shorted but we will be looking for a profitable long opportunity on the retest of a previous...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is June 14th, 2019 and we will be taking a look at the U.S. Dollar against the Canadian Dollar. Looking at the 4 hour time frame we are looking for price action to reach its previous area of resistance near the 1.336 region and stall out. If price action reaches this area and does lose momentum we...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is June 12th, 2019 and we will be taking a look at the Euro against the Japanese Yen. Looking at the 1 hour time we are now looking for a pullback back of the current structure into an area of previous resistance near the 81.3 area, where we would look an entry to go short. Entry for a Short...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is June 11th, 2019 and we will be taking a look at the Euro against the Japanese Yen. Looking at the 1 hour time we are now looking for a pullback back of the current structure which could be shorted but we will be looking for a profitable long opportunity on the retest of a previous support area...

FuturesForexClasses Updated 

Hello Traders, welcome to the Daily Forex technical analysis. Today is June 7th , 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 retesting it's previous resistance area of 75.8. If price action continues to lose steam at this region we will be looking for an opportunity to short...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is June 6th, 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 continuing to fall to the downside in a choppy range creating lower highs and lower lows. Currently we are waiting for price action to pullback to its...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is June 5th, 2019 and we will be taking a look at the New Zealand Dollar against the U.S. Dollar. Looking at the 4 hour time were looking for price action to reach its previous zone of resistance near the .6646 area where we would look for an opportunity to short. Entry for a Short position near...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is June 4th, 2019 and we will be taking a look at the Euro against the U.S. Dollar. Looking at the 4 hour time frame we can see price action had a nice bullish continuation to the upside breaking above major key support and resistance areas, and nailing the top the trend line as resistance...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is June 3rd, 2019 and we will be taking a look at the British Pound against the U.S Dollar. Looking at the 1 hour time price action is currently in a minor retracement, we're watching to see if price action can hold the 1.25 area as support. If price action does retrace and find support around...

FuturesForexClasses

Hello Traders, welcome to the Weekly Forex technical analysis. Today is June 2nd, 2019 and we will be taking a look at the U.S. Dollar Currency Index on the weekly chart just to get into the calendar, and have an outlook into the upcoming week. Looking at the Dollar Index here on a weekly time frame, overall the structure still remains pretty bullish as long as...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is May 30th, 2019 and we will be taking a look at the U.S. Dollar against the Japanese Yen. Looking at the overall structure price action seems to be printing in a double bottom. Looking at the 1 hour time frame we can see price action had an aggressive bullish bounce off the 109.1 region, if...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is May 29th, 2019 and we will be taking a look at the Euro against the Japanese Yen. Looking at the overall structure for the EUR/JPY, price action is in a clear downtrend. Taking a deeper dive into the 1 hour time frame were looking for price action to bounce here towards the previous support...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is May 27th, 2019 and we will be taking a look at the New Zealand Dollar against the U.S. Dollar. Looking at the 4 hour time frame we can see price action is currently in bullish relief rally bouncing of the .648 region and moving above the .651 key support and resistance area, and continuing to...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is May 24th, 2019 and we will be taking a look at the Australian Dollar against the U.S. Dollar. Looking at the 1 hour time frame we can see price action holding support at the .68672 region. We were looking for a minor pullback towards the .6886 area to enter into a Long position. Entry for a...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is May 23rd, 2019 and we will be taking a look at the U.S. Dollar against the Japanese Yen. Looking at the 1 hour time frame we can see price action broke through the 109.917 and 110.155 key support and resistance areas and is currently in a minor retracement pulling back towards the 110.115...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is May 22nd, 2019 and we will be taking a look at the Euro against the Australian Dollar. Looking at the 1 hour time frame we were looking for price action to retest the local highs near the 1.62442 resistance area. And it did, Entry for a Short position near the 1.62357 area, with a Stop Loss...

FuturesForexClasses

Hello Traders, welcome to the Daily Forex technical analysis. Today is May 21st, 2019 and we will be taking a look at the Australian Dollar against the U.S. Dollar. Looking at the 1 hour time frame we can see price action had a minor retracement back to its previous lows not quite reaching them, so it seems as price action is setting in a higher low. If price...