Tag: alert

Looking at the EURJPY, we can see that buyers have started to set up a new continuation pattern after yesterday's fightback buyers have set new highs today but still remain below Tuesday's selloff.

Will today's push higher turn into something more on the USDJPY? Buyers so far have set the tone with a 0.42% rally to today's high.

Gold continues to interest us from 1990.50. This level has maintained support for buyers since the 10th of this month. This area was previous resistance that has now become support. That's a good sign for buyers, and seeing such a strong reaction against sellers is another...

After a solid pullback to start the week, buyers charged back into Bitcoin on Tuesday, gaining back all of that session's losses. This solid move kicked into gear once sellers broke 30,000 to the downside.

After days of buying, we are seeing a small pause at this point in the day. The AUDJPY has started to see some red after a 5-day rally. Price is stalling at a previous level of resistance, seen at 89.90.

With oil making a solid fightback on Tuesday, this has once again put pressure back on the USDCAD. The price had spent five sessions fighting back after the March decline.

This is a quick update on a developing pattern we are currently watching. It’s an observation in two pairs, EURUSD and GBPUSD, but for simplicity, the update will concentrate on the EURUSD.

Today we are looking at the EURGBP as buyers continue to hold out above a key level of support. This is a level that has been in play since January 2023.

Oil is the big story today, but from a technical point of view, more time is required before we can get some sort of idea on it. There could be a gap fill play, but that’s a bit of a dart at the wall, in my opinion, at the moment.