2016 04 23. USD/JPY overview

I would like to highlight a few points on US dollar index. Please see comments on the US DOLLAR INDEX chart.

If US DOLLAR index would reverse trend (or it may be that it is already happening) so i would like to think that USD JPY will have a nice drive down in a few weeks.

However by looking to the monthly USDJPY chart i can see that there is a very nice hummer which acctually means that price can go uptrend for a while (as pullback)  however overall USD JPY trend can be downtrend.

On the daily chart i can see pullback right now which means that price very soon can reverse and continue to go down.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

2016 04 16. USD/JPY overview

USD/JPY after rejecting resistance level has a bearish trend. Please see my technical analysis below for the currency pair USD/JPY.

Monthly chart:

Week chart:

 Daily chart:

 Speculative sentiment index (Source: www.dailyfx.com):

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view. Please note that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

EUR/USD overview

Please have a look at my technical analysis of  EUR/USD currency pair. Hope it is going to help you. I would like to mention that fundamental analysis is not included in this analysis. For futher details you can contact me by email kraucionisd@gmail.com.

Monthly chart:

Weekly chart:

Daily chart:

4H chart:

Speculative sentiment index (Source: www.dailyfx.com):

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view.

USD/CHF overview

Would like to believe that USDCHF will bounce back. Price just touched previuos suppport level.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view.

EUR/USD overview

EUR/USD currently is in the phase of balance accumulation. It can be that many traders expect that current double bottom will be broken however i believe that possibly it may be the 3rd retest before trend reverse. I would wait before making any long term decisions but for the short term traders (scalp, swing) this kind fo situation is really great oppotunity.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view.

USDCAD overview

USDCAD price seems locked in a weekly FLAT (currently weekly candle is green) close to the strongest monthly support line. There should be a few rejection before price will move futher to one or another directions. Probably price will stay in flat for the coming weeks or will reverse with flat break even. On daily chart price has break even the trend line which is pretty good signal for entry with a minimum risk.

Monthly chart 

Weekly chart

Daily chart

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view.

2016.04.04. USD/JPY overview

USDJPY breakeven level S1 with a GAP. I presume price will test the level below S1 level and later  probably will go down to S2.

On weekly chart there is gap which shows that downtrend is pretty strong and sentiments down to short positions.

On daily chart i can see risk that price may stay in a current flat for some time, but still i will be watching for the bottom line of the flat. If price breakeven bottom line, i will be shorting. Keep in mind that price still can reverse with temporary uptrend till resistance.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view.

AUD/USD overview

AUD USD price just breakeven resistance, hopefully price will go up till the next resistance. Probably saying that we have long term trend reversal is too early but.... there is a chance.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view.

USD/CHF overview

By looking to the USD/CHF weekly chart i can presume that we have a flat trend. I would only short on coming days.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view.

EUR/USD daily chart overview

In the long go EUR/USD should be uptrend however currently i can't see any strong signals for buy orders. In my opinion EUR USD price still maybe rejected by resistance level, will go down to the bottom trend line, reverse and than maybe (MAYBE) will breakeven top resistance level.

NOTE:Information provided in this article is not a signal or recommendation for any trading/investment decisions. This is only my personal opinion and point of view.