FXCharttopper

FX Technical Analyst with over 35 years of market experience. Views are my own.

[FXCharttopper @FXCharttopper]

Not a big fan of Twitter at the moment. For those of you that have/are missing my daily updates, these are still available. Email me at [email protected] for details.

[FXCharttopper @FXCharttopper]

@financialjuice 1968 apologies

[FXCharttopper @FXCharttopper]

@financialjuice I guess most of these people are too young to remember the Prague Spring of 1978!

[FXCharttopper @FXCharttopper]

$EURGBP Gradual decline since the week's spike high to 0.9290, has seen a return to the lower 1% volatility band, at 0.8750 today. This guards against a further 0.8690-0.8700 fall. Back above 0.8840-50 would assist any recovery hopes. #fx #forex #technicalanalysis @MikePatersonFX

[FXCharttopper @FXCharttopper]

$GBPUSD 2). Need back above 1.1190 to reverse near term downside bias. Lose 1.1020 and 1.0915-30 is then the protection against a deeper 1.0885-1.0805 drop. #fx #forex #fxtrading #technicalanalysis $GBP @MikePatersonFX

[FXCharttopper @FXCharttopper]

$GBPUSD 1).Today's rise to 1.1235, has retested the upper 1% volatility band, just shy of the Sep 21 low at 1.1237. Any higher and 1.1300-1.1365 is next target zone. In the interim, we have seen a 23.6% retrace of gains from the week's 1.0324 low, with today's dip toward 1.1020.

[FXCharttopper @FXCharttopper]

$EURJPY Recovery has reached 142.30, basically a 76.4% retrace of the preceding 143.70-137.38 fall, seen between Sep 22-26. In the meantime seen a dip to 140.80, this protects 140.40-140.10. Above 142.30 then 142.50 is bar to 143.25. #fx #forex #technicalanalysis @MikePatersonFX

[FXCharttopper @FXCharttopper]

$USDJPY Stuck in the 143.90-144.90 range but upside remains dominant while held above 144.10 within this range. Higher and 145.20-40 next, ahead of the month's 145.90 high. Lose 144.10-143.90 and 143.15-35 next. #fx #forex #forextrading #technicalanalysis $JPY @MikePatersonFX

[FXCharttopper @FXCharttopper]

$AUDUSD Wednesday's 0.6530 high was it and the following decline is reaching back toward 0.6400-05, basically a 76.4% retrace of gains from the same day's 0.6363 low. Now have 0.6460-85 resistance but back above 0.6500 needed for impetus. #fx #technicalanalysis @MikePatersonFX

[FXCharttopper @FXCharttopper]

$EURUSD 1% volatility band is at 0.9890 today. Above and 0.9945-55 is next targeted area. Meanwhile, today we have so far seen a 38.2% retrace of those gains from0.9535 with dip to 0.9730. Near term downside risk remains while below 0.9830. #fx #technicalanalysis @MikePatersonFX

[FXCharttopper @FXCharttopper]

$EURUSD 1). Wednesday saw a low of 0.9535 and the rise to 0.9750 created a potentially bullish outside day on the Daily Chart. Subsequent gains have now reached toward 0.9864-67, the Sep 6 low and 50% retrace of losses from the Sep 12 high at 1.0198. Any higher and the upper 1%

[FXCharttopper @FXCharttopper]

What a time to pick to go on a family holiday last week!
If anyone would care to pay for me to go away again, in the hope of facilitating such moves again....then I will be happy to oblige😀

[FXCharttopper @FXCharttopper]

$EURGBP Early rally equalled the Sep 2020 high at 0.9290. Has slipped back during the day to 0.8850, a 76.4% retrace of gains from last week's 0.8690 low, is at 0.8830. Current bounce has 0.9075 in the way of a higher 0.9125-90 rise. #fx #forex #technicalanalysis @MikePatersonFX

[FXCharttopper @FXCharttopper]

$GBPUSD A low of 1.0324 today, subsequent bounce has almost retraced 61.8% (1.0965) of the drop from Thursday's 1.1365 high. Current setback has 1.0625-1.0600 support, 1.0555 then 1.0445 lower down. Back above 1.0860 to renew upside. #fx #forex #technicalanalysis @MikePatersonFX

[FXCharttopper @FXCharttopper]

$EURJPY Needing a move back above 139.75-80 to generate further upside interest. Meanwhile, 138.70-138.20 provide support. Below 137.80 would challenge 137.35 again, beneath which 136.30-136.05 are next targets. #fx #forex #technicalanalysis #fxtrading $EUR $JPY @MikePatersonFX

[FXCharttopper @FXCharttopper]

$USDJPY Recovery from last Thursday's drop to 140.35 has reached 144.60, 76.4% of the way back to that day's 145.90 high. Higher and expect 144.75 to feature next. Back below 143.50 currently needed to worry near term longs. #fx #forex #technicalanalysis $JPY @MikePatersonFX

[FXCharttopper @FXCharttopper]

$AUDUSD Shallow 0.6535 recovery, followed by fresh lows which challenge 0.6450-60 next, the latter a 61.8% retrace of 0.5506-0.8008 (Mar 2020-Feb 2021 rise). Lower and 0.6400-0.6375 next. #fx #forex $AUD #technicalanalysis @MikePatersonFX

[FXCharttopper @FXCharttopper]

$EURUSD Early dip to 0.9550 took us down to the base of the projected 6 month bear channel on the Daily Chart. Subsequent bounce to 0.9700 has retraced 38.2% of losses from last Thursday's 0.9910 high. Support 0.9585-0.9550, lower and 0.9455-60 next.#fx #forex #technicalanalysis

[FXCharttopper @FXCharttopper]

$EURGBP It seems a 61.8% correction to 0.8625 was needed to fulfill near term corrective requirements. Today's move back above 0.8685 now has 0.8723 and perhaps 0.8745 in sight again. Longer term 0.8860 is next target. 0.8685-0.8660 support. #fx #technicalanalysis @MikePatersonFX

[FXCharttopper @FXCharttopper]

$GBPUSD Unable to shake of 1.1480-1.1465 support for the while. In the meantime, 1.1520, 1.1545 & 1.1560 need to be breached, before chances of a 1.1590, 1.1635, 1.1670 revival. Lose 1.1465 and 1.1405-10 next. #fx #forex #technicalanalysis $GBP @fxtrading @MikePatersonFX