ToniSignals

ToniSignals

AUDCHF is plummeting at the market open today prior to the CHF trade balance data, which reveals the balance of imports and exports in Switzerland. Technically the pair is rebounding out of the fibonacci golden pocket resistance, and we are looking for downside into the 0.6650 level.

ToniSignals

EURGBP is in a bearish structure prior to the German Producer Price Index data which measures the average changes in prices in the German primary markets. Technically the pair has a bearish structure and is currently ranging. We are looking to trade the pair into range support at 0.85110.

ToniSignals Updated 

EURJPY has traded into resistance prior to the EUR Ecofin meeting, which covers areas such as coordinated economic measures, budgetary policies, public finances, capital movements and financial markets. Technically the pair has pulled into the 50% retracement of yesterdays candle and the moving averages have entered a bearish cross. We anticipate continued downside.

ToniSignals

NZDUSD is trending to the downside currently, having broken below the key support zone following disappointing NZD Business PMI data, which presents business conditions in New Zealand. The Business PMI is an important indicator of the overall economic condition. A result that values above 50 signals appreciates (or is bullish) for the NZD, whereas a result that...

ToniSignals Updated 

USDJPY is bouncing from support today prior to the USD Producer Price Index, which measures the average changes in prices in primary markets of the US by producers of commodities in all states of processing. Changes in the PPI are widely followed as an indicator of commodity inflation. Technically the pair has bounced from the 3 day low, and the RSI has given a...

ToniSignals Updated 

AUDCHF Has broken key support, and has done a retest. We anticipate continued downside.

ToniSignals Updated 

EURUSD has rebounded from the resistance trendline prior to the EUR Unemployment Rate data, which shows the percentage of the workforce unable to find work. Technically the pair has rebounded from the resistance trendline and the Parabolic SAR is now indicating downside. We are looking for downside into the 1.1714 level.

ToniSignals Updated 

AUDUSD is trending to the upside today prior to the USD Redbook Index, which is a sales weighted year over year index of over 9000+ stores. Technically the pair is holding above the moving average ribbon and the support trendline, and we anticipate continued upside.

ToniSignals Updated 

EURUSD has traded into resistance prior to the USD Non Farm Payroll data, which will reveal the number of new jobs added in August. The data is expected to show a decrease, however recent figures have been surprisingly positive. All eyes will be on the data as the Fed's Tapering decision hangs in the balance. Technically the pair has traded into a key resistance...

ToniSignals Updated 

USDJPY is trading to the upside prior to the overall household spending data out of Japan, which measures the total expenditure by households. Technically the pair has bounced from trendline support, and we anticipate a continued push to the upside today prior to the JPY data.

ToniSignals Updated 

GBPUSD has bounced from a key pivot level as resistance prior to the BRC Like for Like Retail Sales Data, which measures changes in the actual value of retail sales from participating companies with invaluable management information on a regular and reliable basis. Technically the pair has bounced from trendline and pivot resistance, and the RSI has given a...

ToniSignals Updated 

AUDUSD is trending to the upside prior to the AUD Aig Performance of Services index data, which provides a critical insight into the health of the Australian services sector. Technically the pair is forming a bullish flag pattern and is at support prior to the data, and the RSI is bullish.

ToniSignals Updated 

EURAUD has traded into a key pivot as support prior to the RBA rate decision, which will decide the RBA's interest rate going forward. Technically the pair is at a key support zone and the RSI is giving bullish divergence. The EURAUD has pulled back following a multi week bull market, and we anticipate the RBA rate decision to be the catalyst for a continuation in...

ToniSignals Updated 

CADJPY has broken the support trendline prior to the JPY Leading economic index data, which is an economic indicator that consists of 12 indexes such as account inventory ratios, machinery orders, stock prices and other leading economic indicators. Technically the pair has broken the support trendline near the resistance trendline, and the RSI is pointing to downside.

ToniSignals Updated 

USDCAD has traded into resistance prior to the CAD Bank Of Canada rate decision, which decides whether to increase / decrease / hold interest rates. Technically the pair is at a resistance pivot, and the RSI is giving a bearish signal. We are looking for downside to support.

ToniSignals

NZDJPY has broken the support trendline and now is at 50 hour moving average resistance. Price has also bounded out of a key resistance pivot, and we have a hanging man candlestick on the 1h chart for confirmation.

ToniSignals Updated 

EURNZD is trending to the downside prior to the EUR Retail Sales data, which shows the total receipts for retail stores in the Eurozone. Technically the pair is below trendline resistance, and the RSI is at bearish levels. We anticipate continued downside into the 1.6567 level.

ToniSignals Updated 

USDCAD is trending to the upside prior to the USD 4 week bill auction that reveals the yield on the US Backed securities. Technically the pair has held the key support figure and the RSI is bullish. We anticipate continued upside into the 1.2700 level.