Forex chart alerts.

Is EUR/JPY Coming Out of The Reverse Gear?

December 1, 2013 11:05 am GMT+0  in Chart Alert

How can we not talk about EUR/JPY after we just talked about GBP/JPY. After all the story of EUR/JPY is also not much different even though differences are there. Do also check the update about GBP/JPY. During September 2008, the pair has seen a volatility of 1295 pips. Yes, September 2008 was a month which […]

Is GBP/JPY Up For Reversal?

December 1, 2013 6:45 am GMT+0  in Chart Alert

Lehman Brothers had filed for bankruptcy on September 15th, 2008 and during that month GBP/JPY had shown a volatility of 1386 pips with the month’s high as 198.31 and low as 184.45. But then which currency trader can forget the month of October 2008? During that one month GBP/JPY had moved 6101 pips. Such volatility […]

GBPUSD broke 4 year old resistance trend line

November 27, 2013 11:40 am GMT+0  in Chart Alert

Two resistance and support trend lines have been guiding the price action of GBP/USD for past 4 years. We have been mentioning about these for past many months and the previous ¬†update was in this chart alert. Today that history was broken when GBP/USD did not only broke above the resistance of 1.6260 but broke […]

GBP/USD – Will the history repeat?

November 24, 2013 11:27 pm GMT+0  in Chart Alert

For quite some time we have been talking about the long-term resistance and support trend lines for GBP/USD. We have been talking for quite some time because these trend lines have been in place for quite some time and that is over past 4 years. There was a break of the support trend line during […]

EUR/JPY – Will The Support Trend of Last One Year Hold?

November 8, 2013 7:50 am GMT+0  in Chart Alert

During past one year whenever EUR/JPY fell heavily, the support came near 22-week EMA. The recent fall has again brought it to that support zone. Need to see if the support pattern which has been in place for the past one year holds or fails. A failure may result in deeper declines. EUR/JPY weekly chart […]

Aussie – The Artistic Currency

October 19, 2013 10:39 am GMT+0  in Chart Alert

Many currencies have nick names which are commonly known. My personal nick name which I use privately for the Australian dollar is “The Artistic Currency”. Artists are supposed to be a bit more sentimental and emotional and yes, our Aussie reacts very fast to even a slight change is the sentiments about the global economy. […]

Is The Honeymoon Over for GBP?

October 5, 2013 1:54 am GMT+0  in Chart Alert

For last few months we have been referring to the trend-lines which have been in place for past 4 years for GBP/USD. The previous post about the same can be checked at “GBP/USD what to expect – part 2“. The pair had, at last, broken over the trend line which had turned into a resistance […]

GBP/USD – What To Expect Part 2

September 13, 2013 10:45 pm GMT+0  in Chart Alert

GBP/USD moved exactly as we had predicted in our previous chart alert titled GBP/USD – What to Expect?. In fact it would be better to see that post first. The pair moved up to 1.5885 which was just 8 pips below the lower range of the resistance zone mentioned in the last and above mentioned […]

GBP/USD – Will The Upward Movement Sustain?

August 4, 2013 2:09 am GMT+0  in Chart Alert

GBP/USD’s recent strong jump raises question about the the overall outlook which has been for deeper consolidations. Please check the previous chart alerts at here and here. However, the price action is clearly indicating that it has stuck between the psychological 1.5000 and 1.5500 ranges. GBP/USD’s fear of entering 1.5000 ranges   The above chart […]

EURJPY’s Upward Gains With Unanswered Questions – Forex Chart Alert

August 4, 2013 12:05 am GMT+0  in Chart Alert

Last weekend we had mentioned that EUR/JPY is in a strong support zone and any further decline will depend on the decisive break below 130.00 psychological level. The break below 130.00 took place and then a strong upward jump was witnessed but that still leaves us with some unanswered questions. The break below 130.00 was […]

USD/JPY And The Resistances Ahead – Forex Chart Alert

August 3, 2013 11:05 pm GMT+0  in Chart Alert

In the previous chart alert for USD/JPY we had indicated about the psoobilities for deeper consolidation and also the resistance near 99.40. Well, the pair did consolidate to 97.58 but then recovered strongly to 99.95. The support also seems to be forming a pattern of support over 200-day moving average. USD/JPY and 200-day moving average […]

EURUSD’s Indecisiveness – Forex Chart Observation

August 3, 2013 10:07 pm GMT+0  in Chart Alert

In the previous chart alert we had mentioned that EUR/USD remains confused. In the same update we had also mentioned that a break over 1.3206 may bring some directional moves. Well, the break took place and the price action even touched 1.3325 briefly but the confusion still prevails. Even though the moves have been large […]