Tag: GBPJPY

*To view the original Forex Update 2020 analysis and post, please click here* GBP Pairs – Weekly Charts  GBP pairs are either indecisive and ranging or down-trending. Weekly moving averages are crossing frequently or at least moving sideways, signalling market indecision. GBPAUD – price swung higher and was bullish (as suggested …

AUDJPY Daily & 4 Hour Charts As suggested in our last JPY chart analysis, price found resistance around 70.30. AUDJPY has since been bullish though and has swung higher. Price has closed above a recent swing high on the daily time-frame, suggesting that the recent downtrend has come to an end. …

EURGBP – Daily and 4 Hour Charts The EURGBP continues to be indecisive and lack trend direction. Price is moving within a large weekly horizontal channel at 0.8300-0.9320. The daily and 4 hourly moving averages confirm the market indecision – they have been crossing frequently and are moving sideways. Trading …

AUDJPY Daily & 4 Hour Charts As suggested in our last AUD chart analysis, price closed below the range support area and has since been bearish. The AUDJPY is now clearly down-trending on the daily chart – price action has formed a series of lower swing lows and lower swing …

EURGBP – Daily and 4 Hour Charts As suggested in our last EUR analysis, the EURGBP closed above the tight range resistance area and was then bullish. Price is now moving in a much wider range on the weekly time-frame (0.8300-0.9320). The daily moving averages confirm the market indecision – …

  GBPAUD – Daily & 4 Hour Charts   GBPAUD is up-trending on the daily chart. Price has formed a daily bullish channel and is clearly bullish. The moving averages are bullish and widening, signalling that the uptrend could continue. On the 4 hour chart, GBPAUD is currently up-trending within …

2020 could provide some fantastic trading opportunities for day, swing and position traders. Our analysis below highlights some of these opportunities in the Forex markets…   AUD Pairs – Weekly Charts    Most AUD pairs are down-trending longer-term. Most have formed clear weekly bearish channels. Moving averages are bearish and …

  GBPAUD   GBPAUD is currently up-trending within a bullish channel. The moving averages are moving sideways, suggesting a lack of trend momentum. The GBPAUD is nearing pre-Brexit referendum prices. If the UK leave the EU with a deal – Price will likely move above the current bullish channel resistance …

What are swap rates? Swap rates are the fixed rate that a trader/investor (buyer) receives for holding certain market assets. In the Forex market, swap rates are determined by central bank rates minus broker fees. How can you make money from swap rates? If a trader buys/invests in a currency …