capitalpropertiesfx

capitalpropertiesfx

This pair broke a very important support on Friday and to my suprise it didn't manage to break back above it. Even though I am fairly bullish on all currencies aganst the JPY, the current situatsion in GBPJPY may signal further downside. Also USDJPY looks kind of heavy as it failed to close above 101.40 which means that if GBPUSD stands still and USDJPY pushes...

capitalpropertiesfx

Kiwi broke the support yesterday and I was actually looking for opportunities to short this one after a solid re-test. But instead, the pair broke back above the support and looks like, it might be rejecting the support (next4 hourly close is important). So, I changed my bias for now and if I see something that resembles bullish price action, I may consider a long...

capitalpropertiesfx

No change in that pair. All levels are still very much valid. Only thing that has changed is the fact that we might have a triangle forming there but is doesn't look very good, so I would be careful with that.

capitalpropertiesfx

This pair seems to enjoy itself inside this fairly tight range. Once again we are against the reistance and price rejected it for now. In bigger picture, I'm interested in two levels. Either 0.9584 to the upside or 0.92040 to the downside. I'll be looking for clues to which way it may break from lower time frames.

capitalpropertiesfx

I'm interested to see if we find new buyers around 1.7090/1.7100. Target remains the same - 1.7200 and above.

capitalpropertiesfx

It is going to be an interesting evening if you plan to trade Canadian dollar. I'd say it is very difficult to predict what we might hear from BOC but by looking @ usdcad, I'd say the market is positioning for bad news (for CAD). The pair is pushing higher and in the same time USDJPY is taking things a bit slower, so I'd say it is not purely USD move but instead...

capitalpropertiesfx

Nothing's changed in EURUSD. Same range, same levels. All valid.

capitalpropertiesfx

GBPUSD us pushing higher step-by-step and as you can remember, the pair struggled to take out 1.7000 & 1.7100 and it seems it is the same story with 1.7200. However, todays CPI may change that, as the outcome is widely expected to be a solid indicator for the possible rate hike in the near future. As skeptical as I am about every rate hike story that appears in...

capitalpropertiesfx

It seems that Aussie likes to be around 0.9400 before the Meeting Minutes and I don't expect price to push very far away from it until then. I do favor the upside as I don't see any significant resistance until 0.9600. The bullish case is, of course valid only if the magical 0.9400 level stays intact.

capitalpropertiesfx

I'm looking to see if the 138.45 area will act as a resistance as it has proved to be an area where price likes to consolidate. If we should continiue higher then 139.90 would be my ideal target area.

capitalpropertiesfx

Not much to add here. I'm looking for at least 1.0805 to be reached. After that, I'll start looking for further clues.

capitalpropertiesfx

As the week ahead is extremely busy concerning data releases from Canada, I'd say that anything can happen but I favor the upside in EURCAD. After Fridays terrible Canadian Empoyment data, I wouldnt be suprised to see BOC on Wednesday to be a bit more pessimistic in their long-term projections, hence giving traders more reasons to sell the Canadian Dollar.

capitalpropertiesfx

Both USDCAD and EURCAD are against strong resistance areas and a fair amount of stops should be triggered if USDCAD takes out 1.0700 and EURCAD 1.4540 area. Time will tell. Watching.

capitalpropertiesfx

Not much to add here. Price still in range in bigger picture. 1.36 seems to be a support for now and proabaly 1.3650 is resistance for the day.

capitalpropertiesfx

This pair could go both ways from current level and I personally would like to see more upside rather than downside. However, EURO is under pressure so right now a move towards the next support looks more probable. But if we should see a break of the resistance + a re-test (ideal!) then I wouldn't hesitate to look towards 1.4750.

capitalpropertiesfx

We might see further weakness in Pound and the area I'm interested in is 1.7025. I remain bullish in bigger picture but right now the pair looks heavy.

capitalpropertiesfx

Simple support and resistance chart for the FOMC. I'd like the upside more but the pair looks heavy so more downside cannot be ruled out. Last support would be an ideal area to look for bullish clues to establish longs.

capitalpropertiesfx

Consolidation is the name of the game. Not much to add here. 1.3649 & 1.3592 area the levels I'm interested in. I'm expecting to see further consolidation today and if the FOMC Meeting Minutes won't suprise us with something, then the consolidation game may contniue until the end of the week.