Price Action Setups Preview – August 5: AUD/USD, EUR/CAD, EUR/JPY, USD/CAD
Welcome in today’s price action setups preview. Comparic team prepared 4 the most interesting currency pairs in the Tuesday morning. Let’s start!
AUD/USD:
After decent Australian...
EURJPY – support is under pressure of bears
For a week EURJPY has moved in a steep downward channel, which was broke above yesterday. Rebound has not reached to the Fibonnacci level...
Price Action Daily Setups – AUDNZD, EURAUD, EURJPY, USDCHF, USDJPY – October 21st
AUDNZD
On the pair appeared Inside Bar setup. However there was only a false breakdown which is a signal to open longs. Of course we...
EURJPY – lowest since mid-2013
Yesterday EURJPY broke below support at 126.00 level and continues downward movement. Nearest support at area 125.00 was tested. Currently it is likely that...
Weekly FX Review – August 28th
As we suggested the AUD has not yet topped out and remains in a consolidation pattern, confirmed by the persistent decline in the hourly...
EURJPY – breaking below support – 10/09/18
Bulls on EURJPY for a long time have defended themselves against descending below the support at 128.50. At the end of last week, this...
Price Action Daily Setups – EURAUD, EURJPY, EURUSD, USDJPY – January 5th
EURAUD
I expected further decreases after breaking support. However first session brought huge gain and my last scenario is no longer current. We just have...
Weekly FX Review – December 4th
USDCAD LT momentum now shows clear signs of turning up from being in the slightly negative territory but we are not yet back to...
Yen Pairs Falter on Risk Appetite
The Japanese Yen has long been the favourite for currency hedging but has suffered in recent weeks as the market throws of negative sentiment...
EURJPY – European Central Bank weakened the Euro
Today markets got ECB decision on interest rates. There were no surprises and as expected interest rates remained unchanged. However, during ECB conference, President...