USDJPY is reversing from Sell Entry, in line with 78.6% Fibonacci retracement and 78.6% Fibonacci extension, where we could see further downside towards our Take Profit level, in line with 38.2% Fibonacci retracement and horizontal pullback support. Stochastics is also testing the resistance where price has reversed from before, showing...

The Breakout Opportunities system has just bought GBPJPY at 153.688. The system recommends entering this trade at any price between 153.094 and 153.908. The signal was issued because the GBPJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.223, suggesting that the GBPJPY may have further...

The Breakout Opportunities system has just bought EURJPY at 131.392. The system recommends entering this trade at any price between 131.058 and 131.542. The signal was issued because the EURJPY has broken its 24-hour high while our Speculative Sentiment Index was at -1.256, suggesting that the EURJPY may have further...

EURNZD has shown a bullish breakout from the descending trendline resistance-turned-support and is now holding above the ascending trendline and moving average support. We could see further upside above Buy Entry, in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension, towards Take Profit, in line with 127.2% Fibonacci extension...

Prices are approaching 78.6% Fibonacci retracement and 78.6% Fibonacci extension fibonacci confluence . Prices might reverse and push down towards horizontal swing low support in line with 127.2% Fibonacci extension and 161.8% Fibonacci retracement. If prices continue to push up, prices might face resistance from horizontal swing high resistance in...

NZDJPY is approaching pivot in line with horizontal overlap support in line with 50% Fibonacci retracement and 100% Fibonacci extension. Prices might push up towards horizontal swing high resistance in line with 50% Fibonacci retracement and 78.6% Fibonacci extension. If prices continue to push down, prices might take support from...

AUDJPY pushing higher, coming close to descending trendline resistance and 50% Fibonacci retracement. A short-term intraday drop below our entry at 0.93302 towards our take profit at 0.92616 could be possible. Our take profit is a strong confluence zone where we have a graphical swing low support and multiple key...

Today we look at yesterday's sharp rally in US equities that completely reversed the move from Friday. Elsewhere, long US treasury yields rose sharply just after posting new lows, while the moves at the front end of the yield curve (Fed expectations) and the rally in the US dollar since...

Futures positions and changes made by hedge funds across commodities, forex, bonds and stock indices up until last Tuesday, June 15. A week that covered the period up until last week's FOMC meeting and the hawkish surprise it delivered. Apart from a weaker dollar which attracted additional short selling some...

AUDJPY is facing bullish pressure above 38.2% Fibonacci retracement level and our entry at 82.905. With technical indicators showing room for further bullish momentum, a further push up towards our take profit at 84.070 could be possible. Our take profit also falls in line with 78.6% and -61.8% Fibonacci retracement,...