2022

  The EURJPY pair has broken above its Bull Flag this week. That was a pattern coming off the incredible 10% rise since the March 07 bottom that broke above its Bearish Megaphone pattern. The 1D MACD topped and made a Bearish Cross. The last time we saw the very same set of conditions was

  The NZDUSD pair has been trading within a long-term Channel Down since the start of 2021. Our last call on this pair was a buy signal and our 0.7000 target has been hit: The price broke below the Lower Lows trend-line, creating a small divergence and we have to re-adjust our projected Fibs. As

  The EURUSD pair got rejected last Thursday on the 1D MA50 (blue trend-line) and as a result it trading today towards the March 07 Low. A new Lower Low within the long-term Channel Up seems imminent as a break below the 1.0810 Low should put the 1.0640 low of the March 2020 COVID melt-down

  GBPUSD failed to break above the 1D MA50 (blue trend-line) and the 0.5 Fibonacci retracement level last week and as a result the market lost confidence and resumed the long-term bearish trend. That has been within a Bearish Megaphone pattern since July 2021. The selling fractal since February 17 resembles the sequence of late

  The USDJPY pair has been on the strongest multi-week rise in March-April since the November-December 2016 rally. By doing so, it reached the 125.00 level for the first time since August 2015, which was exactly when the China economic growth slowdown worries hit the market. In fact, the 124.200 – 126.000 band is a

  The EURUSD pair has been trading within a short-term Channel Up on the 4H time-frame. The RSI moving sideways within roughly 65.00 – 40.00 is setting up the pace, where we can sell on the Resistance the Higher Highs and buy on its Support the Higher Lows of the price. Basically right now the