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USDJPY: Bullish, Sees Price Extension

USDJPY: The pair saw a strong gain on Tuesday as it extended its gain on Tuesday. On the downside, support lies at the 108.50 level where a break if seen will aim at the 108.00 level. A cut through here will turn focus to the 107.50 level and possibly lower towards the 107.00 level. On the upside, resistance resides at the 109.50 level.

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GBPUSD: Weakens Further On Bear Pressure

GBPUSD: The pair saw further weakness following its past week losses. Support lies at the 1.3950 level where a break will turn attention to the 1.3900 level. Further down, support lies at the 1.3850 level. Below here will set the stage for more weakness towards the 1.3800 level. Conversely, resistance stands at the 1.4000 levels with a turn above here allowing more strength

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EURUSD: Risk Continues To Point Lower On Bear Threats

EURUSD: The pair looks to see further price weakness in the new week. On the upside, resistance comes in at 1.2350 level with a cut through here opening the door for more upside towards the 1.2400 level. Further up, resistance lies at the 1.2450 level where a break will expose the 1.2500 level. Conversely, support lies at the 1.2250 level where a violation

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Learn How To Trade And Be Consistently Profitable

Having spent much of March in the UK for vacation time, I got plenty of time to recharge, catch up with friends and family and meet a few new people along the way. I very rarely talk about my work, but sometimes people take an interest when meeting for the first time and, of course, they like to ask me what I do.

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GBPUSD: Weakens Further On Bear Pressure

GBPUSD: The pair weakened further on Thursday and followed through on Friday leaving risk lower in the days ahead. Support lies at the 1.4000 level where a break will turn attention to the 1.3950 level. Further down, support lies at the 1.3900 level. Below here will set the stage for more weakness towards the 1.3850 level. Conversely, resistance stands at the 1.4100 levels

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How To Empower Your Trading

Emotional management is crucial to the ability to focus on what matters most in the trade. For instance, planning, stringent rule following and keeping commitments are some emotional management skills you’ll want to hone. There are those who would say that you should trade like a robot, meaning without emotions. They contend that, if you can do this you would be able to

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EURJPY: Strengthens But With Caution

EURJPY: The pair looks to consolidate further though seen strengthening on Thursday. On the downside, support comes in at the 132.50 level where a break if seen will aim at the 132.00 level. A cut through here will turn focus to the 131.50 level and possibly lower towards the 131.00 level. On the upside, resistance resides at the 133.50 level. Further out, we

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GBPUSD: Declines On Price Correction

GBPUSD: The pair saw a follow through lower on the back of its Tuesday weakness. Support lies at the 1.4200 level where a break will turn attention to the 1.4150 level. Further down, support lies at the 1.4100 level. Below here will set the stage for more weakness towards the 1.4050 level. Conversely, resistance stands at the 1.4250 levels with a turn above

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NZDUSD: Declines Further On Corrective Pullback

NZDUSD: The pair looks to build on its Friday correction in the new week as it saw price weakness during early Monday trading session today. Support lies at the 0.7300 level. Further down, the 0.7250 level comes in as the next downside target. Conversely, resistance resides at the 0.7400 level where a break will aim at the 0.7450 level. A break of here

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GOLD:Eyes Further Bull Pressure

GOLD: The commodity reversed its Wednesday gain on Thursday. On the downside, support comes in at the 1,340.00 level where a break will turn attention to the 1,330.00 level. Further down, a cut through here will open the door for a move lower towards the 1,320.00 level. Below here if seen could trigger further downside pressure targeting the 1,310.00 level. Conversely, resistance resides

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