UnknownUnicorn261897

UnknownUnicorn261897

This is a technical analysis to note key institutional levels, not a trade recommendation. Good morning traders. Overnight trade has confirmed the upside pressure on this pair. The 1.07196 resistance level was broken and dip buyers stepped in early London session. Continued momentum should put sights up to the 1.0796 resistance level then 1.0851, with the...

UnknownUnicorn261897

This is a technical analysis to note key institutional levels, not a trade recommendation. Good evening traders! Consolidation continues, however price sits just below the upper boundary of the consolidation zone. A break above the 1.2432 institutional resistance figure will likely expose further upside. A move above the 1.2432 figure will put sights up to...

UnknownUnicorn261897

This is a technical analysis to note key institutional levels, not a trade recommendation. Good evening traders! Pressure is still to the upside and we are still waiting for a break above .7588 to expose further upside. At the moment buying opportunities are preferred, however it will be best to wait and see how the .7588 short-term resistance will treat...

UnknownUnicorn261897

This is a technical analysis to note key institutional levels, not a trade recommendation. Good evening traders! As noted in our previous EURUSD Update, the 1.0719 is key institutional resistance to watch. A break above will signal buyers are in control and expose further upside. The 1.0719 figure has been broken and price appears to be sustaining above...

UnknownUnicorn261897

This is a technical analysis to note key institutional levels, not a trade recommendation. Good evening traders! As anticipated, further downside has resulted with price remaining below the 115.62 resistance figure. Price now sits at the break level. A break below this figure will be required to expose further downside. In the event of a break below 113.62...

UnknownUnicorn261897

This is a technical analysis to note key institutional levels, not a trade recommendation. Firm low at .7494 has brought in further buying in this everlasting uptrend. The .7494 level now acts as key institutional support, only a swift break below it will ease the upside pressure. Until then pressure remains to the upside and higher pricing is likely. Upside...

UnknownUnicorn261897

This is a technical analysis to note key institutional levels, not a trade recommendation. Jan 19th low at 1.2254 brought in dip buyers, though the consolidation continues. As price drifts to the upside the likelihood of a break out increases. Watch key institutional resistance at 1.2432 for a break out. A sustained break above the figure will clear upside...

UnknownUnicorn261897

This is a technical analysis to note key institutional levels, not a trade recommendation. A sharp reversal at the 115.62 high right in line with trend line resistance has eased upside pressure and put focus on the downside. Below 115.62 will likely see further downside. 113.63 will act as a break level in the event of downside as it is a likely place to see...

UnknownUnicorn261897

This is a technical analysis to note key institutional levels, not a trade recommendation. After bouncing just ahead of the 1.058 key institutional support level buying pressure is evident. Focus is now on the 1.0719 key institutional resistance level. A sustained break above it will clear upside with next key institutional resistance level at 1.0851. Only...

UnknownUnicorn261897

Good morning traders. 121.6 marks strong institutional resistance as well as trend line resistance. Until this pair manages to make higher highs selling opportunities are preferred. A rally up into 121.6 will likely be matched with quick selling. BEWARE OF US CONSUMER PRICE DATA AT 08:30 EST!

UnknownUnicorn261897

Good morning traders. There is a cluster of institutional resistance between current price and 113.76. Additionally our research is favoring further downside on USDJPY. Shorting opportunities are still preferred and a push up into the latter resistance figure at 113.76 will likely be matched with quick selling. BEWARE OF US CONSUMER PRICE DATA AT 08:30 EST!

UnknownUnicorn261897

Enjoy!

UnknownUnicorn261897

112.88 marks strong institutional support. We may see strong buyers step in here. Enjoy!

UnknownUnicorn261897

Good evening traders. This pair is clearly in a downtrend. 122.02 marks key resistance to keep pressure on the downside. Only a sustained break above will begin to put pressure back to the upside. Until then, selling opportunities are preferred. The 121.6 figure marks key institutional resistance where sellers may be looking to add to shorts. A push up into...

UnknownUnicorn261897

Good evening traders. 116.05 marks the "line in the sand" on USDJPY. Only a sustained break above the figure will reduce selling interest and revive upside focus. Until then, selling opportunities are preferred. 115.07 marks the first key institutional resistance level where we may see selling pressure. A push into the figure may be matched with swift...

UnknownUnicorn261897

Good evening traders! The 1.0685 high held through the US retail sales figure, keeping pressure to the downside on the short-term. At this point, the risk is to the downside with price below 1.0685. It would take a sustained break above the figure to put buyers back in control. To the downside see short-term support at 1.0565. A break below the support...

UnknownUnicorn261897

Good evening traders. The market gapped open down below the 1.0239 support figure. Since then we have seen consolidation. The pressure is certainly to the downside so selling opportunities are preferred until proven otherwise. The 1.2122 figure marks short-term resistance as well as the gap-fill. An upside move into the figure will likely be matched with...

UnknownUnicorn261897

Good morning traders. Be careful with U.S. Retail Sales @ 08:30 EST!!! This 1.0653 figure represents some decent resistance and is a likely place to see institutional traders add to shorts. Enjoy!