JFD_Research

JFD_Research Updated 

Quick idea. The pair is near its key resistance again, at 1.9840. In order to examine larger extensions to the upside, we need a clear break above that barrier first. Even if the rate retraces back down a bit, still, the bulls could enter the field near the upside support line. Please see the chart for levels, targets and the alternative scenario. Don't forget...

JFD_Research Updated 

Quick idea. All eyes on the medium-term upside support line. If it holds, there is a chance for a rebound. But we will only get comfortable with the upside if we see a push above the 75.81 territory. On the downside, in order to examine lower areas, a break of the 75.20 zone would be needed. Please see the chart for details. Don't forget your stop-loss.

JFD_Research Updated 

Quick idea. Waiting for silver to make a break through one of the highlighted areas, before examining a possible further directional move. Please see the chart for levels and targets. Don't forget your stop-loss.

JFD_Research Updated 

Quick idea. Given that the indices keep on hitting new highs, it won't be long when we will see a bit of correction in them. Such activity might raise interest in the yen. And looking at the technical picture of CHFJPY, it seems that there could be a potential correction in the works. Please see the chart for details. Don't forget your stop-loss.

JFD_Research Updated 

Quick idea. EURGBP continues to slowly grind higher above its short-term upside support line. That said, in order to get comfortable with further upside, we need a strong push above the 0.8592 barrier first. This way, the pair would confirm a forthcoming higher high and more buyers could be joining in. Please see the chart for levels, targets and the alternative...

JFD_Research Updated 

Quick idea. Although, last week, we had a nice rebound from the medium-term upside support line, For now we will stay put and wait for a clear break. We need to see a push through one of the highlighted areas first, before examining a further directional move. Please see the chart for details. Don't forget your stop-loss.

JFD_Research Updated 

Quick idea. EURTRY is near its key support, which if breaks, it may clear the path towards the medium-term tentative upside support line. We will consider the downside only if we see a drop below roughly the 6.5057 level. For now we remain neutral and continue observing the price action. Please see the chart for levels and targets. Don't forget your stop-loss.

JFD_Research Updated 

Quick idea. It was a good start for GBP this morning, until the UK retails sales were released, which came out as a disappointment. We are now seeing a slide in GBPCAD, but if the short-term tentative upside line holds, the slide might be short-lived. That said, for to get comfortable with some higher areas, we would wait for a push above the 200 EMA on the 4h...

JFD_Research Updated 

Quick idea. Waiting for AUDUSD to get out from the little range, where it is currently stuck in. Please see the chart for levels, targets and the alternative scenario. Don't forget your stop-loss.

JFD_Research Updated 

Quick idea. EURUSD is trying to push further north. From the short-term perspective, in order to consider slightly higher areas, we will wait for a close of at lest a 4-hour candle above the 1.1164 barrier first. Please see the chart for levels, targets and the alternative scenario. Don't forget your stop-loss.

JFD_Research Updated 

Quick idea. After finding some decent support near the 0.8896 hurdle, AUDCAD moved back up, closer to the 200 EMA on the 4-hour chart. The rate is currently getting a hold-up around there. We need a clear break through one of the highlighted areas first, before we could examine a further directional move. Please see the chart for details. Don't forget your stop-loss.

JFD_Research Updated 

Quick idea. Pound's weakness is helping support the FTSE100 index from moving lower. That said, we are also keeping an eye on the whole risk sentiment in the market, because if it turns heavily to risk-off, then it may outweigh the helping hand of a weaker GBP, which may cause the British index to slide. That's why we remain cautiously-bullish for now. Please...

JFD_Research Updated 

Quick idea. Yesterday, the index hit a new all-time high... Again... Given that the overall trend is still to the upside and the fact that on the shorter time frames the index is a bit overstretched to the upside, we believe we may see a bit of correction to the downside first. For now, we will carefully monitor the price action and if we start seeing drops below...

JFD_Research Updated 

Quick idea. Bitcoin managed to break its medium-term tentative downside resistance line and also the push above the high of last week. If the daily candle stays above it, then there is a good chance we could see a continuation of the move north, at least for a little bit more. Please see the chart for levels, targets and the alternative scenario. Don't forget...

JFD_Research Updated 

Quick idea. If EURJPY continues to balance above the short-term downside resistance line, this could attract the bulls back into the game and we may see the pair rising again. That said, if the risk-on environment changes to a risk-off one, then there might be a chance to see some increased yen-buying, which could push EURJPY back down again. Please see the...

JFD_Research Updated 

Quick idea. Brent oil still has a bit of room for a further move lower. But the downside may get limited near the upside line. If it holds, the bulls could return into the field and attack again. If that upside line fails to withstand the pressure, this could result in further declines. Please see the chart for details. Don't forget your stop-loss.

JFD_Research Updated 

Quick idea. Last week we saw EURUSD declining, but it didn't quite reach the upside line. There is still a bit of room left for a further correction, but if that upside line continues to hold, then we may see the bulls re-entering the field. If the line breaks and we see a daily candle staying below 1.1066, this might increase the pair's chances of a further...

JFD_Research Updated 

Quick idea. Watch the highlighted areas. A break through one of them may clear the path to a further short term directional move. Please see the chart for details. Don't forget your stop-loss.