Vladimir Site

AUDJPY setting up for fresh intraday losses below 93.50

daily-forecast The Australian dollar was seen consolidating in a range against the Japanese yen, but the overall bias remains towards the downside in the short term. The Chinese GDP release helped the Aussie dollar to some extent, but the upside was limited. So, I think selling the AUDJPY aiming for a new low is a good option in the near term. Let us see what charts [Read more...]

GBPNZD to continue bullish momentum in the medium term

daily-forecast The British pound seems like going higher in the medium term, and is under correction in the short term against the New Zealand dollar. The GBPNZD pair traded lower yesterday towards the lower band of the Bollinger bands on the daily timeframe. However, the bullish bias is still intact in the pair, and it is likely to continue trading higher in the [Read more...]

EURGBP set to regain bid tone post a correction

daily-forecast The British pound was seen trading lower against a basket of currencies, as the UK CPI came as a disappointment. The EURGBP pair traded higher and broke an important resistance area. I think the recent break was critical which should encourage the buyers moving ahead. So, buying dips or with a break looks like a good deal in the short term. There was [Read more...]

Downward bias in EURJPY if it breaks 135.80 (extract from Weekly Market Forecast 12th of October 2014)

weekly-forecast The Euro was seen struggling against a couple of currencies during this past week, including the Japanese yen. The EURJPY pair traded lower and back towards an important support area. I think if the pair manages to clear that specific support area, then it might continue trading lower. So, it is better to wait and then search for the possible selling [Read more...]
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