Skype: Signal2forex / Whatsapp: +79065178835
0$0.00

No products in the cart.

Category: Technical analysis of Forex market

Gold Price Eases after Recovery Stalled at Key barrier; US CPI Eyed for Fresh Signals

Spot gold holds in red for the second straight day and extends lower after bulls failed to register a clear break above key barrier at $1755 (Mar 18 high) and generate initial signal of double-bottom formation. Elevated US Treasury yields following US producer prices registered the largest annual gain in 9 ½ years dent metal’s …

Gold Price Eases after Recovery Stalled at Key barrier; US CPI Eyed for Fresh SignalsRead More

USDJPY Eyes 109.00 Handle and Negative Pressures Lose Power

USDJPY’s recent pullback from the 1-year high of 110.96 seems may not have the necessary potency to successfully overpower the positive bias. The advancing 100- and 200-period simple moving averages (SMAs) are defending the positive structure, while the declining 50-period SMA is endorsing further price deterioration in the pair. The Ichimoku lines are reflecting neutral …

USDJPY Eyes 109.00 Handle and Negative Pressures Lose PowerRead More

NZDUSD Buyers Confront Short-Term Downtrend Line

NZDUSD has consolidated over the somewhat neutral Ichimoku cloud, after slightly improving from a recently formed floor at the 0.6942 level. The falling 200- and 100-period simple moving averages (SMAs) are shielding the bearish structure, while the climbing 50-period SMA is providing a footing for the price to recoup some lost ground. Momentum seems to …

NZDUSD Buyers Confront Short-Term Downtrend LineRead More

GBP/USD Outlook: Bears Crack Key Supports And Look To Continue Larger Downtrend

Cable extends weakness into the fourth straight day and tested key support at 1.3670 (Mar 25 low / 100DMA) in early European trading on Friday. Bears emerged from daily cloud (cloud base lays at 1.3712) after trading within thick cloud for two weeks, generating bearish signal for extension of six-week downtrend from 1.4238 (2021 high) …

GBP/USD Outlook: Bears Crack Key Supports And Look To Continue Larger DowntrendRead More

US 100 Index Stabilizes Marginally Below Record High

The US 100 index is stabilizing around the record high of 13,904, pausing the strong upside tendency. The technical indicators, though, are sending mixed signals, suggesting that the softness in the market may not over yet. The RSI has turned lower near overbought levels, slightly below 70 indicating that the market could weaken a little …

US 100 Index Stabilizes Marginally Below Record HighRead More

USDCAD’s Positive Impetus Curbed By 50-Day SMA And Cloud

USDCAD is struggling to tick higher after its recent positive propulsion off the 37½-month low of 1.2365. The descending simple moving averages (SMAs) are imposing the predominant bearish bias. Additionally, the fairly neutral demeanour of the Ichimoku lines is suggesting a phase where positive sentiment has become subdued, further tilting the scale in favour of …

USDCAD’s Positive Impetus Curbed By 50-Day SMA And CloudRead More

Share this product!