Technical analysis of Forex market | Forex robots store

GBP/USD Outlook: Cable Continues To Travel South After BoE Disappointed Expectations For Rate Hike

Cable remains firmly in red and extends weakness below the 1.3500 mark, following a massive fall on Thursday (down 1.35%, the biggest one-day drop since 18 Mar 2020), sparked by BoE disappointment. The Bank of England kept rates unchanged on...

AdminNov 5, 2021

Technical analysis of Forex market

EUR/USD Pair Is Currently Correcting Losses From The 1.1530 Low

The Euro started a fresh decline from well above 1.1600 against the US Dollar. The EUR/USD pair traded below the 1.1580 support to move into a bearish zone. The pair even settled below the 1.1580 level and the 50 hourly...

AdminNov 5, 2021

Technical analysis of Forex market

USD/CAD Passes Support Line

On Wednesday, at 18:00 GMT, the US Federal Reserve revealed the central bank’s future monetary policy. The event caused volatility, which passed the support of the recent low level connecting trend line. However, the pair found support in the 200-hour...

AdminNov 4, 2021

Technical analysis of Forex market

GBP/JPY Finds Resistance In SMA

The GBP/JPY currency exchange rate’s recovery found resistance in the 200-hour simple moving average near 156.20. On Thursday morning, the rate declined and reached the support of the 50-hour simple moving average near 155.40. A passing of the support of...

AdminNov 4, 2021

Technical analysis of Forex market

GBPUSD Flatlines Within Bearish Channel Ahead Of The BoE

GBPUSD has been flatlining within the 1.3600 – 1.3700 area so far this week, unable to find enough buying traction to recoup the pullback from the down-trending channel ahead of the Bank of England’s policy meeting at 12:00 GMT today....

AdminNov 4, 2021

Technical analysis of Forex market

USDCHF bullish forces unable to gain advantage; bias bearish

USDCHF has been deteriorating for a month after the pair hit a near 6-month peak just shy of the long-term trendline pulled from the April 2019 high of 1.0235. The price is currently steady at the mid-Bollinger band at 0.9130...

AdminNov 3, 2021

Technical analysis of Forex market

Gold Plunges Below Supportive Trendline

Gold slid aggressively below the ascending trendline in the four-hour chart on Wednesday, signalling more negative sessions ahead. The 50% Fibonacci retracement of the 1,833 – 1,722 downleg at 1, 777 is also positioned in the same region, making any...

AdminNov 3, 2021

Technical analysis of Forex market

Market Morning Briefing: Aussie Is Holding Below 0.7550

STOCKS Dow and Dax have limited scope on the upside and could see some profit taking soon. Dow and Dax can fall from 36100 and 16000/400 respectively. Nikkei can test 30000 while Shanghai has already broken below 3500 which if...

AdminNov 3, 2021

Technical analysis of Forex market

USD/CAD Finds Support In Trend Line

On Monday, the resistance of the 1.2400 held and caused a decline of the USD/CAD. However, during the mid-day hours of the day the rate found support in the ascending trend line of the October 27 and 29 low levels....

AdminNov 2, 2021

Technical analysis of Forex market

NZD/JPY Bullish SHS Pattern: Uptrend Continues After Retracement

NZD/JPY technical analysis NZD/JPY is in uptrend. Market is having a retracement. M L3 camarilla pivot is support. Uptrend i expected to continue. Left shoulder. Head. Right shoulder. Bouncing zone. Target. The price is bullish. However, the pair is retracing...

AdminNov 2, 2021

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Category: Technical analysis of Forex market

GBP/USD Outlook: Cable Continues To Travel South After BoE Disappointed Expectations For Rate Hike

EUR/USD Pair Is Currently Correcting Losses From The 1.1530 Low

USD/CAD Passes Support Line

GBP/JPY Finds Resistance In SMA

GBPUSD Flatlines Within Bearish Channel Ahead Of The BoE

USDCHF bullish forces unable to gain advantage; bias bearish

Gold Plunges Below Supportive Trendline

Market Morning Briefing: Aussie Is Holding Below 0.7550

USD/CAD Finds Support In Trend Line

NZD/JPY Bullish SHS Pattern: Uptrend Continues After Retracement

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