Vantage FX Chart of the Day

[B]Chart of the Day:[/B]
Zoom out and look at what could be considered a fair value once you come close to being back in the early 2000’s trading range.

[B]Gold Weekly:[/B]

Read our Chart of the Day Analysis on the Vantage FX News Centre here.

[B]Chart of the Day:[/B]
With this excellent print, I have to say that I expected more from the USDX. But the fact that the daily candle left that long wick into previous resistance now being tested as support tells me that the buyers are still in charge of this market.

[B]USDX Daily:[/B]

Read our Chart of the Day Analysis on the Vantage FX News Centre here.

[B]Chart of the Day:[/B]
Further to my point about divergent monetary policies in our Daily Market Update, we take a look at a cross with 2 economies heading in different directions meaning the chart is heading in only 1.

[B]GBP/AUD Daily:[/B]

Read our Chart of the Day Analysis on the Vantage FX News Centre here.

[B]Chart of the Day:[/B]
As its FOMC week, we have been looking at the majors heading into Wednesday’s meeting. Its AUD/USD’s turn today as we take a look at the weekly and daily charts below.

[B]AUD/USD Weekly:[/B]

Read our Chart of the Day Analysis on the Vantage FX News Centre here.

[B]Chart of the Day:[/B]
As its FOMC week, we have been looking at the majors heading into tonight’s meeting. This morning we take a look at Cable and how its been behaving.

[B]GBP/USD 4 Hourly:[/B]

Read our Chart of the Day Analysis on the Vantage FX News Centre here.

[B]Chart of the Day:[/B]
With FOMC now in the rear view mirror, we this morning turn our attention to AUD/NZD.

[B]AUD/NZD Daily:[/B]

Read our Chart of the Day Analysis on the Vantage FX News Centre here.

[B]Chart of the Day:[/B]
Another cross today with EUR/GBP in focus. We’ve been following this level for a while now with price just unable to make any meaningful bounce off it.

[B]EUR/GBP Weekly:[/B]

Take a look at the 4 hourly chart for a clear look at the level in question.

Read the full Asian Session Morning on the Vantage FX News Centre here.

[B]Chart of the Day:[/B]
Today’s EUR/USD chart of the day ties in perfectly with the USDX chart in our Daily Market Update. Looks almost perfectly inverted, showing even through all the Greek turmoil, just how much of a driver Fed policy has been.

[B]EUR/USD Daily:[/B]

Read our Chart of the Day Analysis on the Vantage FX News Centre here.

[B]Chart of the Day:[/B]
Let’s take another look at the AUD/USD weekly level we have been watching.

[B]AUD/USD Weekly:[/B]

Read our Chart of the Day Analysis on the Vantage FX News Centre here.

[B]Chart of the Day:[/B]
Yet more fresh new highs for USD/CAD. This thing has gone completely parabolic with no sign of slowing down.

[B]USD/CAD Daily:[/B]

Read our Chart of the Day Analysis on the Vantage FX News Centre here.

[B]Chart of the Day:[/B]
On British Pound Thursday we can’t not take a look at Cable as our chart of the day!

[B]GBP/USD Daily:[/B]

Read our Chart of the Day Analysis on the Vantage FX News Centre here.

[B]Chart of the Day:[/B]
A bit of #STUDY on a Friday as today’s chart of the day takes a look at the way price often reacts after breaking a trend line in a strongly trending market. We always hear how it’s safer to trade with the trend and this chart shows why.

[B]NZD/USD Daily:[/B]

Read our Chart of the Day Analysis on the Vantage FX News Centre here.

[B]Chart of the Day:[/B]
With the Commodities Trading section of the Vantage FX website receiving a fresh new look, we take a look at Oil as price enters an important tradable zone.

[B]OIL Daily:[/B]

Read our Chart of the Day Analysis on the Vantage FX News Centre here.

[B]Chart of the Day:[/B]
With NAB Business Confidence this morning, we take a look at AUD/USD undergoing a possible short term trend change.

[B]AUD/USD 4 Hourly:[/B]

Read our Chart of the Day Analysis on the Vantage FX News Centre here.

[B]Chart of the Day:[/B]
So often after trend lines or channels have been broken, they re-activate. We read a lot about trend lines that have for example been broken as resistance, then being re-tested as support but not a lot is written about lines being re-activated in their original direction. Zooming into the 30 minute chart, I have marked one such re-activation of a broken trend line.

[B]AUD/USD 30 Minute:[/B]

Read our Chart of the Day Analysis on the Vantage FX News Centre here.

[B]Chart of the Day:[/B]
I’m loving some of the clean technical setups that the Forex crosses provide, and today’s EUR/AUD chart is a perfect example.

[B]EUR/AUD Daily:[/B]

Read our Chart of the Day Analysis on the Vantage FX News Centre here.

[B]Chart of the Day:[/B]
With some early morning tier one data out of New Zealand to begin our Friday during the Asian Session, we turn our attention to the Kiwi.

“NZD Retail Sales q/q (0.1% v 0.5% expected)”

[B]NZD/USD 4 Hourly:[/B]

Read our Chart of the Day Analysis on the Vantage FX News Centre here.

[B]Chart of the Day:[/B]
The AUD/JPY weekly chart continue to tease traders, breaking major trend line support but then continuing to consolidate on the re-test.

[B]AUD/JPY Daily:[/B]

Read our Chart of the Day Analysis on the Vantage FX News Centre here.

[B]Chart of the Day:[/B]
US Oil prices have continued to slide, with an accelerated drop coming this month as concerns over worldwide oversupply mounts.

[B]Oil 4 Hourly:[/B]

Read our Chart of the Day Analysis on the Vantage FX News Centre here.

[B]Chart of the Day:[/B]
With GBP/JPY approaching swing highs, we today take a look at the beast!

[B]GBP/JPY 4 Hourly:[/B]

Read our Chart of the Day Analysis on the Vantage FX News Centre here.