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EURUSD looks set to continue in a range

Eberhardt122 Posted 14 Aug. as Analysis on EUR/USD, Target: 1.1315, Date: 1st of October, 12:00 GMT  in #Technical analysis #EUR/USD #Deep Retracement #Strong Resistance #Range Trading #Fed September

Weekly Chart
EURUSD has embarked on a steep downtrend since early 2014, as the Greece crisis evolved (mainly in 2014) and talks of the Fed planning for its first rate hike (in 2015) has transpired. In the event that a deep retracement occurs in the near future, 1.2040 acts as a major magnet/support turned resistance.
Daily Chart
Not too much to note on the daily chart other than the fact that we are most likely in a range. The boundaries of the range are 1.1440 on the upside and 1.0470 on the b…
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Deeper retracement down coming up for NZD/JPY

AdamFx42 Posted 25 Apr. as Analysis on NZD/JPY, Target: 85.890, Date: 2nd of June, 12:00 GMT  in #Technical analysis #NZD/JPY #Fibonacci Retracement #Deep Retracement #JPY Strength #NZD Weakness
Nzd/Jpy is in for a deeper retracement down after hitting 90 - a target that was pointed out by traders months ago
Fundamentally Jpy is growing stronger and all the yen crosses will suffer
Nzd will be in for a deep retracement after hitting the weekly target area of 90
The first move down for this pair should challenge the downside of the daily channel that is seen in the daily chart:
In the weekly chart, if we draw the fibonacci retracement we can see that the 50% retracement level
of the last…
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4 Comments
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AdamFx42 10 May

After failing to break back up - this pair is now en route towards my target, I expect further Usd/Jpy weakness to be a catalist for a further move down in Nzd/Jpy

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AdamFx42 17 May

Still a long way from target - waiting for Usd/Jpy to break below 101 now for the yen crosses to follow down

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AdamFx42 20 May

Still stuck around 87 - need more Usd weakness or stronger yen - data coming tonight

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AdamFx42 2 June

Good analysis - if I say so myself, I'm off about 40 pips near closeand my predicted movement seems spot-on

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