March 2017

AUD/JPY profit target reached, prepare to sell

AUD/JPY profit target reached 2 days ago. We prepare to sell below major resistance at 85.75 (Fibonacci retracement, horizontal pullback resistance, and Fibonacci extension) for a push down to 84.53 support (Fibonacci retracement, swing high support).S... [...]

Daily analysis of EUR/JPY for March 31, 2017

OverviewThe EUR/JPY price remains stable negatively below the resistance at 119.70 level, which makes us keep preferring the negative attempts in the near period, reminding you that the first target located at 118.55, and surpassing it will extend the ... [...]

Daily analysis of GBP/JPY for March 31, 2017

OverviewThe GBP/JPY price attempted to provide some positive attempts by surpassing 139.40 level to face the moving average 55, to reinforce the negative stability that forces it to renew the negative attempts as appears in the above image, we expect ... [...]

Daily analysis of USD/JPY for March 31, 2017

OverviewThe USD/JPY pair breached 111.65 level to head towards testing the bearish channel's resistance, located now at 112.30, accompanied by witnessing big overbought signals through stochastic, which is expected to motivate the price to rebound bea... [...]

Daily analysis of Gold for March 31, 2017

OverviewGold has showed sideways and tight trading since morning settling below the EMA50. That keeps the bearish trend scenario valid as it is without any change for today, waiting to visit 1,231.13 level mainly. Take into account that stochastic cur... [...]