Technical analysis of Forex market | Forex robots store

Gold Price Entered a Short-Term-Bearish Zone Below $2.020

Gold price started a downside correction from well above $2,050 against the US Dollar. The price broke the $2,020 support level to enter a short-term bearish zone. The price even declined below $2,000 and the 50 hourly simple moving average....

AdminMar 14, 2022

Technical analysis of Forex market

USDCHF Ascends Above Cloud, Moves Beyond 0.93 Mark

USDCHF has climbed above the 0.9300 handle, extending the latest surge in upward forces, and is now eyeing the 0.9355-0.9377 resistance barrier, which includes the September and November 2021 highs. The minor upturn in the simple moving averages (SMAs) confirm...

AdminMar 11, 2022

Technical analysis of Forex market

WTI Oil on Track for Strong Weekly Drop on Improved Sentiment

WTI oil price edged higher on Friday but remains below $110 per barrel for now, after falling sharply in past two days on optimism of de-escalation of the conflict in Ukraine and easing concerns about stronger disruption of global oil...

AdminMar 11, 2022

Technical analysis of Forex market

USD/JPY Outlook: The Pair Could Extend to 2017 High in Dollar-Positive Environment

The USDJPY accelerated strongly higher on Friday (up around 0.7% in Asia/Europe), extending steep rally into fifth straight day. Strong US inflation data (Feb CPI soared to the highest since 1982) fuel expectations for Fed rate hike in the next...

AdminMar 11, 2022

Technical analysis of Forex market

EUR/USD Consolidating Near 1.1010

The Euro started a decent recovery wave above 1.0920 against the US Dollar. The EUR/USD pair traded above the 1.1050 resistance level and the 50 hourly simple moving average. However, it failed to clear the 1.1120 resistance and started a...

AdminMar 11, 2022

Technical analysis of Forex market

GBPUSD marks yet more lower lows as bearish forces linger

GBPUSD continues its downward trend, reaching levels last seen back in November 2020 as negative momentum persists. Moreover, the pair continues to record successive higher lows and lower highs, reflecting an overall bearish outlook. Short-term momentum oscillators indicate a negative...

AdminMar 11, 2022

Technical analysis of Forex market

Crude Oil Price Reverse Gains And Faces Resistance

Key Highlights Crude oil price surged to $131 before there was a sharp decline. It broke a major bullish trend line at $118.50 on the 4-hours chart. EUR/USD corrected losses and climbed above 1.1020. Gold price stayed above the $1,975...

AdminMar 11, 2022

Technical analysis of Forex market

CHFJPY Wave Analysis

CHFJPY reversed from support area Likely to rise to resistance level 125.70 CHFJPY currency pair recently reversed up from the support area located between the key support level 124.00 (which has been reversing the price from the start of February)...

AdminMar 9, 2022

Technical analysis of Forex market

Crude Oil Targets New Highs: Elliott Wave Analysis

The USD is seen in a bullish structure vs other major currencies, so we should be aware of more risk-off in the near term. Also, one of the most important markets these days, crude oil can stay in a bullish...

AdminMar 9, 2022

Technical analysis of Forex market

Dollar Index : Dollar Continues to Advance on Risk Aversion and Rising Hopes for Fed Rate Hikes

The dollar maintains firm tone against of basket of its major counterparts and extended gains to the highest since May 2020 on Monday. High uncertainty over the war in Ukraine and pessimistic tone on soaring energy prices and expectations for...

AdminMar 7, 2022

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Category: Technical analysis of Forex market

Gold Price Entered a Short-Term-Bearish Zone Below $2.020

USDCHF Ascends Above Cloud, Moves Beyond 0.93 Mark

WTI Oil on Track for Strong Weekly Drop on Improved Sentiment

USD/JPY Outlook: The Pair Could Extend to 2017 High in Dollar-Positive Environment

EUR/USD Consolidating Near 1.1010

GBPUSD marks yet more lower lows as bearish forces linger

Crude Oil Price Reverse Gains And Faces Resistance

CHFJPY Wave Analysis

Crude Oil Targets New Highs: Elliott Wave Analysis

Dollar Index : Dollar Continues to Advance on Risk Aversion and Rising Hopes for Fed Rate Hikes

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