Vantage FX Chart of the Day

Chart of the Day:

The Yen pairs were all sitting at pretty juicy resistance levels such as this:

Trade EUR/JPY with Vantage FX.

Chart of the Day:

The AUD/USD hourly shows what seems to be a bit of an equilibrium level. Zoom out and you can see that it is basically the midpoint of a range and a visual representation of a market full of traders not willing to position themselves heavily one way or the other.

Trade AUD/USD with Australian Forex Broker, Vantage FX.

Hot level. I’m shorting this.

Just a lazy 200 pips lower than when you posted that you were shorting Badem.

Great trading!

Chart of the Day:

“There is no 10 trillion yen stimulus”

USD/JPY Timberrrr!

Something our Analysts have been waiting for in our Daily Market Update. Subscribe today!

Chart of the Day:

FNN report: JP stimulus size to be JPY 27trln

Japan Ministry of Finance say it is not true they are considering 50yr bonds - debunking earlier WSJ story --Rtrs

Headlines whipping USD/JPY around. But…

Trade USD/JPY with Vantage FX.

Chart of the Day:

Another USD/JPY chart which shows what poor central bank communication can do to your charts.

Chart of the Day:

The technical nature of markets even during times of panic never ceases to amaze me:

Which one of you day-traders pulled the trigger here?

Trade the BoJ Decision with Vantage FX

Chart of the Day:

Once again, technical selling in USD which was looking for any fundamental excuse to pull the rug out from under the market.

Trade USDX with Vantage FX.

Chart of the Day:

Zooming into the hourly chart, the one level that clearly stands out heading into the release is the above marked spike off which price rallied hard the last time it was tested from above.

Chart to be viewed in the bullish context you can read more about in our RBA preview.

Chart of the Day:

And then the after:

Trading fundamentals isn’t about being right. It’s about managing misplaced market expectations.

Chart of the Day:

The size of the stimulus package was enough for the bears to take control of Cable, with the short term trend line never going to hold following news such as that. Again there still aren’t the levels down here so both technical and fundamental uncertainty make trading GBP pairs tough.

Trade GBP/USD with Vantage FX

[B]Chart of the Day:[/B]

In an Olympic theme, today we take a look at GOLD!

We’ve been posting about looking to trade the bounce off support in the hope of getting in early for a break-out of the major trend line resistance level.

Price tested it, but resistance held again.

Trade Gold with Vantage FX.

Chart of the Day:

All the past swing lows being respected on the way back up.

Bounce out of the higher time frame red zone, and then the red cross showing short term respect to the level for your potential entry.

Has this one got further upside in it?

See our NZD/USD analysis here.

Chart of the Day:

Price never got below the previous swing low and there were ample opportunities to take a long entry with a reasonably tight stop.

Following the RBNZ rally on a 0.25% rate cut (the new normal it would seem), longs got an extra potential +170 pips on the spike!

Did you make pips on NZD/USD?

Chart of the Day:

After AUD/USD rejected off higher time frame resistance, here we have the hourly with a potential low risk sell zone if price comes back.

See the full AUD/USD analysis on the Vantage FX blog.

Chart of the Day:

Is this the pullback into support before buyers step in again to resume the higher time frame bullish trend?

Check out the full USD/CAD technical analysis in today’s Vantage FX Daily Market Update.

Chart of the Day:

Key Cable level today.

Trade our full GBP/USD analysis here.

[B]Chart of the Day:[/B]

Key Cable level today (still).

Trade our full US Dollar analysis here.

Chart of the Day:

With USDX at support, EUR/USD is also approaching the top of its own daily range.

Trade USDX at Vantage FX in conjunction with the majors.