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Long dollar yen. The pair have traded abobe 124.14 before trading back to retest 123.65 area. It is good to buy dips above 123.50, below here we will close long. Stop:123.50 T1:124.20 T2:124.43

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On friday we saw rejection of the 123.20 area. In short term we target the lows of 122.40 because price have once again failed in this same area with intraday reversal in play. Stop at 123:40 Target 122:40 GLT

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As per our analysis on 10th June the long was favoured. Today we have seen a break of some important areas which will eventually clear the way for higher prices. Key areas to watch out for: 0.7817, 0.7913, 0.8029, 0.8075 GLT

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This pair is preparing an escape route, we will watch closely! A break of the triangle up or down is the answer to trade this one. To be honest we favour the break up, but either way all we want to do is make some pips. GLT

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This pair already broke out of the structure 1.4440, we have seen a retracement to this key level. We are going long here targetting 1.4709. stop below 1.4420 GLT

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Currently the USDCAD is turning lower, we have seen a break below 1.2370 area last week. The pair started printing gift pullback towards the break region. Lower timeframes indicate that the pair is turning lower. Short below 1.2350 stop above 1.2365, we are targetting 1.2201 first before 1.1920 area for this week. GLT

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USDJPY: We have seen a large pullback in the pair from last week. The trend is still intact and bullish, this dip in price is an opportunity to go long. The interested area is 123.30 above here there is possibility for price to break higher. Below 123.30, we can expect price to stall at 123.10. which will serve as a stop loss for this trade. If 123.10 is broken we...

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AUDUSD as we can see have completed it downward assignment. The pattern we can see now is gearing for a strong bull run and we dont want to miss this run. The dotted black horizontal line (0.7802) is the price we are looking forward to break upward. Note the low of the green circle is the structure that created this price behaviour we are experiencing at the...

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GBPUSD Refuse to make a low after Friday sellof. We are obviously anticipating the low of 1.5164 to be broken, but the market turned around and took the structure high of 1.5440. (this point is a critical Turning point) Here we are going long, with anticipation that the pair will continue trading higher, and the high of 1.5693 is the first target. After this...

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The strenght in Japanese yen is obvious and as a result we can see what has happened in the USDJPY. The next weakest is EURO, that is why this trade is very enticing. There is a completed reversal pattern on the EURJPY pair from 140.99 area. We are short the pair from 139.37 targeting 133.09. Our stop for this trade is 140.63, a trade above this level will...

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This week we have seen a good pullback against the Dollar, but an attempt to continue was cut short by Wednesday PPI news. A trade towards the stuctural low 1.54450 on Thursday was just to confirm that level. We have initated a short position in the pair at 15330. stop loss at 15370. 1st target at 15250 below here we expect the pair to slide towards the low of the...

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GBPUSD: Cable is showing signs of recovery and we are accepting the offer of a nice pips upside. The pair fell out of the ascending trendline, but the trend is still intact and strong. We have a mini structure at 1.5444 which was broken today, but the pair have stalled at the significant point 1.5353. Here (1.5380) we are going long with a stop placed below the...

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Audusd is now well below our first target 0.7802. We are going to continue with the short. half position closed and stop brought down above 0.7840

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As we analyse on 20th May. The pair is trading above our target, at this point due to the weakness shown in other JPY pairs we will take full profit from here. Have a good Trading week

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GBPJPY:- DAILY ANALYSIS: THE TREND IS UP AND IDEALLY WE WOULD LIKE TO BUY THE PAIR. BUT THE PRICE IS TELLING US THAT A REVERSAL IS IN THE LINE AND WE WOULD FOLLOW WHAT THE PRICE IS TELLING US. THE HIGH OF 05 DEC 2014, 189.69 (SIGNIFICANT POINT) REVERSED AND PRINTED A LOW OF 175.77 16 JAN 2015. THE UP-TREND SHOWS A SIGN OF WEAKNESS BY ALLOWING THE MOVE A-B TO...

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EURO IS ENETERING INTO THE RED ZONE AGAIN...A WEEKLY CLOSE BELOW 1.1049 IS VERY SIGNIFICANT! WATCH THIS SPACE FOR NEXT WEEK, THE SLIDE MAY WELL CONTINUE TO THE LOW OF 1.0520.

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SHORT EURCAD FROM 1.3611 THE PAIR IS IN A LARGE DOWN TREND. WE HAVE SEEN A SIGNIFICANT PULLBACK FROM 13020 AREA. THIS PULLBACK HAVE FAILED TO MAKE A NEW HIGH WITH REGARDS THE HIGH CREATED @1.3775 AREA. WE ARE SHORT AND A STOP IS PLACED ABOVE 1.3670 * TARGET 1 = 1.3399 T2 = 1.3020

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OUR LONG POSITION IN EURJPY HAVE NOW BEEN BEEN CLOSED @135.00. THE SCENARIO IS THIS; THE PAIR HAS FAILED TO SUCCESSFULLY MAKE 125.30 A 4 HRS BEARISH CANDLE SUGGESTS FURTHER SLIDE IS EXPECTED. THIS IS ONLY A REVERSAL AND WE LOOK TO TARGET THE 131.15 AREA. *SHORT EURJPY = 135.00 *STOP @ 135.35 *TARGET = 131.15