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 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”

XAUUSD – Safe Havens

What Are Safe Havens?Good day traders and welcome to another blog post by AspireFX. You may have seen or heard the term safe haven before but have yet to understand or fully grasp the concept. It’s especially important to understand the role save havens play when analyzing the market as it can be used asContinue reading “XAUUSD – Safe Havens”

USD/ZAR – All Time Highs On The Way ?

Good day traders and welcome back to another market breakdown. Today we will be looking at the US Dollar against the South African Rand. Let’s have a look at what this exotic pair has in store for us. USDZAR has been one of the most affected pairs when it comes to the worldwide pandemic thatContinue reading “USD/ZAR – All Time Highs On The Way ?”