Only charts

EURNZD broke bearish trendline as shown below on 23 sep. at the area of 1.5420 , the pair has been also forming an uptrend line which it broke yesterday at 1.5420 as well . The pair is currently testing the former bearish trendline at 1.5230 , if that line holds , we might get back to 1.5540 area soon which if conquered , we will be trading at 1.59 area. However , we might see a war between trend lines in the coming days . I will keep you updated . I am currently long at 1.5270 targeting 1.5540 with stop loss on daily close below 1.5170

Palladium among the metals are losing their shine for second week in row. Palldium on the hourly chart as you can see in below chart has very strong resistance at 675$. A short trade has been intiated at this level and another position was added at 662$ ,which is going to be a very strong resistance days ahead . On weekly chart , we can find next support at 625$ area. So target for these short trades is 630$ Stop loss will be on close above 675$ . All of that has been technical move , however that made people think that us dollar is going to rule because of the supposed rate hike in december and us elections in novemeber. However , I predict that currencies and metals will make a come back and rule over dollar in thw fourth quarter.

Eur/cad has rallied to 1.4920 area before giving it all back last week and falling to 1.4650 area where it found support. The pair has ultimate support at this area , however the pair has much more stronger support "which is now a resistance" in the area between (1.4725 and 1.4780). The pair has formed a bearish trendlin on the 1h chart , however it is support by 1.4690 and 1.4650 area ..A Close below 1.4690 is a warning and a close below 1.4650 on the 4h chart will be an invalidation of a long trade. On the otherside , look to add position to current level at 1.4690 and more after 1h close above the trend line at 1.4740 area and one more position on close above 1.4780 on the 4h chart targeting 1.4980 and 1.5130 Happy trading Remember to follow me on twitter for updates on this trade and more trading ideas.

The pair has been on the run during the past few weeks and stabilising on daily and weekly basis. On the hourly time frame , The pair is supported at the area of 0.9510 and will probably looking for a move higher but it will be still bounded by the bearish trend line formed on the 4h chart. The pair also has a supportive trend line on the 4h chart , so I prefer breaking out higher and trading above 0.96 figure all the way to 0.9680 area. A close below 0.95 on the 1h chart is warning and a close below the trend line on the 4h chart is an invalidation of the trade.. Happy trading Remember to follow me on twitter for more trading ideas and updates on this trade and more ..

The pair has fallen aggressively to trade at multi year low at 1.77 , lowest monthly close in 2013 has been 1.81 , so if the pair managed to close above that level , that would be a good sign for short term recovery. Otherwise , on monthly close below 1.81 , the pair will continue falling. For recovery on the daily chart , we recommend going long on daily close above 1.7880 area and targeting 1.8250 and 1.86 area. We have a falling trend line , a breakout plus breaking resistance at 1.7880 area will help the pair recover towards 1.90 ultimately. Happy trading ... for updates on this trade and other trading ideas follow me on twitter ; @boriology

The pair "eurjpy" has been trading in range since the first of august. The range is between 112.50 and 113.90¥ . The pair has been trending last week , and closed the first 4h above the range. The pair has next resistance at 114.30-60 area where 200 MA "simple and exponential" lies. Recommendation: the pair is looking constructive and there is a big chance of the pair breaking above the moving average and stabilizing heading towards 118.00 handle. The pair has made a low of 109.80¥ this year and has been trending lower since 142 ¥ levels. So , you will have to watch the trend line along its way to 118.40 , we have two trend lines as shown below in "orange" The move will be probably drived by a big move in (usdjpy) after yellen indicated that the case for rate hike strengthened as the economy has been meeting federal reserve goals. Yellen also pointed on friday at jackson hole , that employment reports and prices stability has been major support for t...