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”

EUR/NZD – Technical Analysis

Today, we’ll be looking at the Euro versus the New Zealand dollar for a potential move to the upside into and possibly through the monthly key of 1.82000. Plotting the fib on the 4 hour time frame we can see that there was a wick into the 78.6 and a reversal off of the 61.8Continue reading “EUR/NZD – Technical Analysis”

GBP/JPY – Potential Scenarios

Welcome to another AspireFX blog. Today we’ll be looking at the Pound versus the Yen and the potential moves we could see as this week comes to a close as well as heading into next week. Looking on the 4 hour chart above, we can see we’ve been trending to the downside between two descendingContinue reading “GBP/JPY – Potential Scenarios”

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/USD – Potential Upside?

Welcome to another blog by AspireFX. Today we’ll be looking at the pound versus the US dollar. We’ll be doing a top down analysis on this pair focusing mainly on the technicals involved. Looking on the daily time frame, we can see how pivotal 1.24500 level has been over the last few weeks as itContinue reading “GBP/USD – Potential Upside?”

GBP/AUD – Major Sell Off On The Pound

Welcome back to another article from AspireFX. Today we are looking at the past movements on GBPAUD and where price could potentially head next. Starting on the weekly timeframe, we can see after a clear break of 1.95000 we had indecision printing a doji candle with properties of a bullish hammer. Since then we haveContinue reading “GBP/AUD – Major Sell Off On The Pound”

GBP/AUD – Prime Minister Boris Hospitalised, Poor Data & An Everlasting Brexit

Good day traders and welcome back to another market breakdown on the currency pair GBPAUD. Let’s recap the rollercoaster of a week we’ve had so far. After slowing down around the regions of 2.05000, we saw a decline before last weeks closure. In anticipation of further downside, we had our analysis plot with sell limitsContinue reading “GBP/AUD – Prime Minister Boris Hospitalised, Poor Data & An Everlasting Brexit”