EUR/JPY – Potential Continuation to the Upside

Today, we will be going over the euro versus the Japanese yen. In the previous blog on this pair, we were looking at the psychological round number of 123.000 holding as support which was achieved. Price went on to create a higher high which saw a 160 pip move to the upside, coming a fewContinue reading “EUR/JPY – Potential Continuation to the Upside”

EUR/NZD – Technical Analysis

Today, we’ll be going over the Euro versus the New Zealand dollar with technical analysis starting on the daily time frame. On the daily chart above, we can see that a new high was made on the 23rd of September when the price closed above the previous high of 1.77850. Looking at the fib toolContinue reading “EUR/NZD – Technical Analysis”

USD/CHF – Updated Analysis

Following up on the analysis of the dollar versus the Swiss Franc, there was a wick rejection of the 78.6 indicated in yesterday’s blog post but towards the end of the US session, the dollar gained strength ultimately pushing this pair above the trend line drawn. Revisiting the daily time frame above, we can seeContinue reading “USD/CHF – Updated Analysis”

Trading Psychology – Turning Weaknesses into W’s

Welcome to another blog post by AspireFX. With the potential of earning an uncapped amount of money with the skill set taught here at AspireFX, it is important to note that once your are in control of your thoughts and emotions, you are more than halfway to becoming a successful trader. The market is foreverContinue reading “Trading Psychology – Turning Weaknesses into W’s”

Monday Market Overview

Welcome to another blogpost by AspireFX, we’ll be doing an overview of what has been happening in the markets as well as what news events to look out for this coming week. US equities were trading above 10 000 most of last week but began taking a dip on Thursday as new reported coronavirus casesContinue reading “Monday Market Overview”

GBP/AUD – Strong Aussie Dollar On The Way!

Welcome back to another blog by AspireFX. We’ll be taking a look at how GBPAUD has been moving steadily to the downside as confidence returns to the Australian dollar. Looking at the weekly time frame we can see that the support levels mentioned in the previous GBPAUD article has been completely smashed. There was someContinue reading “GBP/AUD – Strong Aussie Dollar On The Way!”