Technical analysis of Forex market | Forex robots store

Gold Decreases Sharply after the Spike to New 19-month Peak

Gold prices started the day with a positive gap, but they quickly declined lower, unable to re-challenge the 19-month high of 1,974. The RSI indicator is showing some positive signs as it is pointing upwards in the bullish region; however, the MACD is approaching...

AdminFeb 28, 2022

Technical analysis of Forex market

EUR/USD Correcting Losses from 1.1106 Low

The Euro started a major decline from well above 1.1320 against the US Dollar. The EUR/USD pair traded below the 1.1265 support zone to enter a bearish zone. There was a move below the 1.1150 level the 50 hourly simple...

AdminFeb 25, 2022

Technical analysis of Forex market

Gold Eases Back to $1900, US Inflation Data Due

Gold slips to $1900 after $100 swing yesterday Gold prices are edging lower after some wild swings in the previous session which saw the precious metal rise to $1975 before falling $100 lower. Safe haven flows, as Russian invaded Ukraine...

AdminFeb 25, 2022

Technical analysis of Forex market

AUDNZD Wave Analysis

AUDNZD reversed from support area Likely to rise to resistance level 1.0750 AUDNZD currency pair recently reversed up from the support area located between the pivotal support level 1.0670 (which has been reversing the price from January) and the lower...

AdminFeb 25, 2022

Technical analysis of Forex market

Nikkei 225 Wave Analysis

Nikkei 225 reversed from support area Likely to rise to resistance level 26875.00 Nikkei 225 index recently reversed up from the support area located between the key support level 26000.00 (which stopped the previous impulse wave (i) in January) and...

AdminFeb 25, 2022

Technical analysis of Forex market

WTI Oil Outlook: Oil Prices Remain at the Back Food on Fading Supply Concerns but Biased Higher above $90

WTI oil consolidates on Wednesday following a 2.4% drop on Tuesday, after concerns about the disruption of oil supplies on the first wave of US and European sanctions on Russia eased. Also, the signals of potential return of Iranian oil...

AdminFeb 23, 2022

Technical analysis of Forex market

CADJPY Currency Pair Wave Analysis

CADJPY currency pair reversed from support area Likely to rise to resistance level 91.00 CADJPY currency pair earlier reversed up from the support zone located between the round support level 90.00 (which has been reversing the pair from the middle...

AdminFeb 22, 2022

Technical analysis of Forex market

Gold Falters Around 1,900 Mark, Bullish Mood Dubious

Gold in the previous trading session transmitted a bearish reversal message around the 1,900 price hurdle, following a three-week rally from the 1,780 trough. The hanging man candle formation is receiving credence with the subsequent negative candle, which until now...

AdminFeb 21, 2022

Technical analysis of Forex market

RBNZ Policy Decision: Selling the News or a Bullish Surprise?

The Reserve Bank of New Zealand, the current king of the global tightening cycle, is expected to deliver its third rate hike in five months with full certainty when its policy meeting concludes on Wednesday at 01:00 GMT. Despite that,...

AdminFeb 18, 2022

Technical analysis of Forex market

AUD/USD Outlook: Aussie Rises to One-Week High on Positive Fundamentals

The Australian dollar remains bid and on track for the third straight weekly gains, underpinned by Australia’s reopening after long period of restrictive measures as the number of Covid cases dropped significantly. News that US and Russia’s top officials, Blinken...

AdminFeb 18, 2022

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Category: Technical analysis of Forex market

Gold Decreases Sharply after the Spike to New 19-month Peak

EUR/USD Correcting Losses from 1.1106 Low

Gold Eases Back to $1900, US Inflation Data Due

AUDNZD Wave Analysis

Nikkei 225 Wave Analysis

WTI Oil Outlook: Oil Prices Remain at the Back Food on Fading Supply Concerns but Biased Higher above $90

CADJPY Currency Pair Wave Analysis

Gold Falters Around 1,900 Mark, Bullish Mood Dubious

RBNZ Policy Decision: Selling the News or a Bullish Surprise?

AUD/USD Outlook: Aussie Rises to One-Week High on Positive Fundamentals

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