Technical analysis of Forex market | Forex robots store

Elliott Wave View: Rally In DAX Expected To Fail

Rally in DAX to 16299.31 ended cycle degree wave I. This completed the rally which started from March 16, 2020 low. The Index is currently in wave II to correct cycle from March 2020 low in larger degree pullback wave...

AdminDec 7, 2021

Technical analysis of Forex market

US 500 Index Attempts to Push Higher

The US 500 stock index (Cash) is trying to recoup previously lost ground from the decline off the 4,720 level until the one-and-a-half month low of 4,494. The bearish 50- and 100-period simple moving averages (SMAs) are endorsing the pullback,...

AdminDec 6, 2021

Technical analysis of Forex market

US Dollar is Rising Again

EUR/USD is back to falling on Monday; it is currently trading at 1.1280. Last Friday’s statistics on the US labour market for November were rather mixed. However, the ISM and PMI data may help the market to recapture the positive...

AdminDec 6, 2021

Technical analysis of Forex market

Market Morning Briefing: Pound Has Bounced Slightly From 1.32

STOCKS Crucial supports seen below current levels. All holding for now but we need to see if the indices can go into a sideways range before a sharp break out is seen in the medium term. The ranges are intact...

AdminDec 6, 2021

Technical analysis of Forex market

NFP Big Miss! But Does it Matter to Fed?

Non-Farm Payrolls from the US for November were +210,000 vs an expected increase of 550,000. October’s print was revised slightly higher from +531,000 to +546,000. Unemployment number dropped from 4.6% to 4.2% in October. Expectations were for a drop to...

AdminDec 3, 2021

Technical analysis of Forex market

GOLD Remains In Pattern

On Thursday, the yellow metal’s price booked a new low level by testing the lower trend line of a descending channel down pattern near 1,765.00. The event was followed up by a surge up to the 50-hour simple moving average...

AdminDec 3, 2021

Technical analysis of Forex market

GBP/USD Passes Support Levels

At mid-day on Friday, the GBP/USD currency exchange rate pierced the support of the weekly S1 simple pivot point at 1.3264. The rate was pushed down initially on Thursday by the 200-hour SMA. On Friday, the 50-hour simple moving average...

AdminDec 3, 2021

Technical analysis of Forex market

EUR/USD Declines Below 1.1300

The EUR/USD declined below the support of the 50 and 100-hour simple moving averages and the 1.1300 level, on Thursday. By the middle of Friday” trading, the rate had found support in the weekly simple pivot point at 1.1282 and...

AdminDec 3, 2021

Technical analysis of Forex market

GBP/CAD Breakout Above 1.7050 Opens The Way To 1.7200

GBP/CAD technical analysis Bullish SHS spotted. Move up is expected. Breakout is possible. M H4 is the target. Left shoulder. Head. Right shoulder. Entry. Target. The GBP/CAD is bullish. The market is trying very hard to break the resistance 1.7050....

AdminDec 3, 2021

Technical analysis of Forex market

GER 40 Moves Sideways After Retreating From All-Time High

GER 40 stock index (cash) has been charging upwards since February, recently posting a new record high at 16,296. Although the index plunged after its rally ceased, it has adopted a more sideways pattern in the last few sessions. The...

AdminDec 3, 2021

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Category: Technical analysis of Forex market

Elliott Wave View: Rally In DAX Expected To Fail

US 500 Index Attempts to Push Higher

US Dollar is Rising Again

Market Morning Briefing: Pound Has Bounced Slightly From 1.32

NFP Big Miss! But Does it Matter to Fed?

GOLD Remains In Pattern

GBP/USD Passes Support Levels

EUR/USD Declines Below 1.1300

GBP/CAD Breakout Above 1.7050 Opens The Way To 1.7200

GER 40 Moves Sideways After Retreating From All-Time High

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