NZDJPY  Seeing a correction in the downtrend

NZDJPY Seeing a correction in the downtrend

Small moves so far but looks promising as we head into the new week . The next hurdle to overcome is the 38.2% of the November high-lows (blue area) at 78.15. We could expect a little consolidation around this level.  A sustained push and hold above this area is...
NZDJPY  Seeing a correction in the downtrend

JPY Having a better day across the board

Yen finding a little strength today and a few shorter term levels have fallen . USDJPY a tad softer on the day. Nothing much to get my teeth into here having missed the break earlier today. One to keep on the radar to see if we can pull back further to make this a a...
AUDUSD bounces from support once again

AUDUSD bounces from support once again

Ever get that deja vu feeling that we have been here before ? Further to my post earlier in the day the Aussie has once again tested the floor support at 0.7627. I couldn’t resist the temptation of taking a long interest at these levels, good risk reward with a...
USDCHF.  No fireworks

USDCHF. No fireworks

USDCHF seemed to like the NFP release on first flush . A weaker headline was offset by a strong read on wages. My USDCHF taken in the sessions prior to the data enjoyed the ride until a Russian source warned that NK could be lining up another IRBM,and possibly an ICBM...

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