Swiing

Swiing

Following an impulsive move to the downside last week, NZD-CAD has returned to 0.88000, the previous level of structure which was acting as support before the market broke to the downside. If the level holds early next week it is possible that sellers may once again step in and attempt to drive the market lower with potential targets to around 0.86000 levels...

Swiing

Will GBP soar higher this week? Last week price closed well above 1.4000, a psychological level in the market. Should price continue to hold above this zone, a push to the upside and creation of a new higher high may be expected. If price fails to hold above this level and breaks below 1.4000, then sellers may step in for a push lower and bearish GBP.

Swiing

NZD-JPY at crucial level for a potential strong break to the downside. Bears is control. Kiwi weakness likely to push the pair lower as seen on correlated pairs.

Swiing

Price is currently testing 132.000 zone. Should the level hold, a move to the upside may be expected with buyers taking prices up to 133.000.

Swiing

Are we ready for 1.2300? 1,213 is currently acting as H4 support. We expected the market to test this zone before pushing higher.

Swiing

Are we ready for 67.50? Strong price rejection and daily close above 65.00 suggests buyers are present and still in charge.

Swiing

Price has returned to a previously broken key level, 7.7700 which is now acting as resistance. Friday closed the week with a bearish engulfing candle on the daily T/F signifying the presence of sellers in the market. Last time price visited this zone was in April and we saw strong rejection to the downside. If sellers remain in control we can expect that the...