Technical analysis of Forex market | Forex robots store

GBP/JPY Breaks Pattern And Books New High

The Bank of England unexpectedly hiked interest rates on Thursday at 12:00 GMT. However, prior to the hike and surge that was caused by it, the rate broke the upper trend line of the channel down pattern, which has guided...

AdminDec 17, 2021

Technical analysis of Forex market

AUD/USD Declines From New High

On Thursday, the AUD/USD currency pair booked a new December high level at 0.7224. The rate bounced off this level and started a decline. By the start of Friday’s European trading hours, the rate had reached the 0.7160 level. During...

AdminDec 17, 2021

Technical analysis of Forex market

EURCHF Raises Bullish Odds above 20-SMA

EURCHF is determined to improve its fortunes above the 20-day simple moving average (SMA) for the first time since mid-September, with the price crawling as high as 1.0465 in mid-European trading hours on Thursday following the plunge to a six-year...

AdminDec 16, 2021

Technical analysis of Forex market

AUDUSD Extends Bounce Formed Within Key Support

AUDUSD is climbing higher above the mid-Bollinger band at 0.7145 after rebounding at a 13-month low 0.6992, reached on December 3. That said, the gliding simple moving averages (SMAs) are defending the matured decline from the more than three-year high...

AdminDec 16, 2021

Technical analysis of Forex market

EURGBP Consolidates Gains

The euro recovers as traders wait for the ECB’s policy meeting later today. A rally above November’s high at 0.8590 has put the bulls back in the game. However, the RSI’s repeated venture into the overbought area has refrained buyers...

AdminDec 16, 2021

Technical analysis of Forex market

USD/CAD Reaches Above Resistance Zone

Eventually, the USD/CAD pair reached above the December high level zone and the weekly R1 simple pivot point at 1.2835/1.2853. On Wednesday morning, the rate confirmed the zone as support. Meanwhile, the rate has confirmed that it is trading in...

AdminDec 15, 2021

Technical analysis of Forex market

GBP/JPY Breaks Resistance

On Wednesday morning, the GBP/JPY currency exchange rate broke the high level zone at 150.67/150.77. However, the following surge appeared to have been stopped by the 151.00 mark. A move above the 151.00 level could aim at the weekly R1...

AdminDec 15, 2021

Technical analysis of Forex market

Two Trades To Watch: EUR/GBP, Gold

EUR/GBP falls as UK CPI keeps getting hotter The pound is edging higher after data revealed that inflation surged higher in November. UK CPI jumped to 5.1% in November, up from 4.2% in October and well ahead of the 4.7%...

AdminDec 15, 2021

Technical analysis of Forex market

GBP/USD Outlook: Strong UK Jobs Data Underpin Pound But Upticks Were Limited

Cable edged higher in European trading on Tuesday, underpinned by strong UK jobs data for October, but upticks were so far limited as near-term action remains weighed by thick weekly cloud. Also, fragile political situation in the UK, on signals...

AdminDec 14, 2021

Technical analysis of Forex market

GOLD Reacts To US Data

The price for gold jumped on Friday due to the publication of the US employment data. The metal reached above the 50, 100 and 200-hour simple moving averages near 1,780.00. Since then, the bullion has been fluctuating between the support...

AdminDec 14, 2021

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Category: Technical analysis of Forex market

GBP/JPY Breaks Pattern And Books New High

AUD/USD Declines From New High

EURCHF Raises Bullish Odds above 20-SMA

AUDUSD Extends Bounce Formed Within Key Support

EURGBP Consolidates Gains

USD/CAD Reaches Above Resistance Zone

GBP/JPY Breaks Resistance

Two Trades To Watch: EUR/GBP, Gold

GBP/USD Outlook: Strong UK Jobs Data Underpin Pound But Upticks Were Limited

GOLD Reacts To US Data

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