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Hello everyone ,  Euro/Usd pulled back from 1.2250$ just 100 pips below multi year high and testing 1.1770$ area. This area is going to hold any break below and will definitely give support a bullish trend to build up to break above 1.2350$ area. Immediate strong resistance for the pair would be 1.1970$ followed by 1.2140$ Start buying large now and build up till 1.2140$ then hold for a bullish run till 1.3470$

Aussie (AUD/USD) is not able to close above .7620$ despite its upside attempts. On Tuesday , the pair has initiated a reversal , a bearish one and will probably continue sliding during the coming sessions with busy economic schedule and releases coming on Thursday and Friday. Technically speaking , the pair is still capped by 0.77$ mark creating triple top , and still supported around 0.73$ , I am Favoring a decline to break the 0.73$ mark , maybe the united stated GDP figure release will be the catalyst for this move. Our First support will be 0.7485$ area followed by 0.7420$ area . It is advised going short at current level with stop loss executed on daily close above 0.7620$ area. On the hourly chart, The pair is showing weakness , and nearing oversold levels at 30 mark. Follow me on twitter @b4borio for updates on this trade and more trading ideas. Feel free to contact me anytime.

Dear traders , The pair broke the daily trend and the 200 DMA (daily moving average) and is currently testing a very important area as well which is 200 week moving average and weekly support area at 110.20¥ , which might support the pair and help it recover a modest recovery in short term to 112.20¥ The pair is seen trading between 105¥ and 116¥ during 2017 , it will be kind of range pattern rather than trending. It is still not clear wether the pair will maintain its pullish trend after trump victory back in november and its 1800 pips rally. So the pullback to 110¥ is very logical action and we might find more decline to 105¥ Choose your trading strategy wisely based on your trading behavior.

The pair "usdjpy" has been on rally since yellen stated "the case for rate hike has strenghtened" , the pair rallied more than 350 pips since friday and it was supported by a trend line on the 1h chart. However the pair is currently testing the upper band of the downside channel. The pair has been in downtrend channel since january and is currently testing the channel up at 103.70-80¥. Trade recommendation : Short the pair at this point targeting 102.20 ¥ Stoploss if the pair closes the day above that area. You can wait for a break of channel and enter long . However put in mind the possibility of rate hike in september. we have two scenarios ; the first one is that usdjpy is going to respect the channel for the moment and pullback to trendline support on the hourly chart where 102.20 lies and rally again from the point and break the channel on the news of rate hike . The second scenario is the pair breaking the channel and testing the upper trend line of the...