Technical analysis of Forex market | Forex robots store

GBP/USD Could Rally If It Clears 1.3800

Key Highlights GBP/USD started a decent increase above the 1.3650 resistance. A major rising channel is forming with support near 1.3690 on the 4-hours chart. EUR/USD is facing an uphill task near the 1.1650 region. Gold price declined heavily from...

AdminOct 19, 2021

Technical analysis of Forex market

WTI Rises for the Seventh Straight Week on Energy Crunch, Fears of Supply Shortage

The WTI oil price extends advance into seventh straight week, hitting new highest since October 2014 on Monday, extension of last week’s 3.6% advance. Strong recovery in global oil demand on easing Covid restrictions and increased consumption on energy crunch...

AdminOct 18, 2021

Technical analysis of Forex market

AUD/USD Started a Steady Increase from 0.7320 Support

The Aussie Dollar started a steady increase from the 0.7320 support zone against the US Dollar. The AUD/USD pair broke the 0.7400 resistance zone and the 50 hourly simple moving average. A high was formed near 0.7439 before there was...

AdminOct 18, 2021

Technical analysis of Forex market

EUR/USD Might Continue To Struggle Near 1.1650

Key Highlights EUR/USD is attempting a recovery wave from the 1.1525 zone. It broke a key bearish trend line with resistance near 1.1550 on the 4-hours chart. GBP/USD is eyeing an upside break above the 1.3750 resistance. USD/JPY extended its...

AdminOct 18, 2021

Technical analysis of Forex market

Retail Sales Recap: American Consumer is Alive and Well

US Retail Sales for September MoM increased by 0.7% vs an expectation of -0.2%. August’s print was also revised higher from 0.7% to 0.9%. It appears Americans haven’t been affected yet by any increasing costs due to supply chain issues. ...

AdminOct 16, 2021

Technical analysis of Forex market

EUR/USD Pair Is Now Attempting A Recovery From The 1.1524 Low

The Euro started a fresh decline from well above 1.1600 against the US Dollar. The EUR/USD pair traded below the 1.1560 and 1.1550 support levels. A low was formed near 1.1524 and the pair is now attempting a recovery. It...

AdminOct 15, 2021

Technical analysis of Forex market

USD/JPY Outlook: Close Above Former High Of Nov 2018 To Signal Further Advance

The USDJPY rose further on Friday, signaling bullish continuation after larger bulls took a breather in past three-day consolidation. Fresh bullish acceleration broke above former high at 114.20 (Nov 2018) and hit new highest in nearly four years, pressuring pivotal...

AdminOct 15, 2021

Technical analysis of Forex market

AUD/NZD Evening Star Pattern Is Playing Out As Price Action Dominates

AUD/NZD technical analysis AUD/NZD has formed the valley. Historical sellers are aligning with now moment sellers. Breakout below the M H3 suggests the continuation. Target is at the M L3 level. Daily chart AUD/NZD Historical sellers. Now moment sellers. Evening...

AdminOct 15, 2021

Technical analysis of Forex market

GBP/JPY Outlook: GBP/JPY Rises To The Highest In Over Five Years

The GBPJPY was among the top performers in early Friday’s trading, as cross accelerated higher and hit the highest level since June 2016. Fresh risk appetite pushed the dollar further down and lifted sterling against its major counterparts while yen...

AdminOct 15, 2021

Technical analysis of Forex market

USDCAD On A Slippery Slope, 1.23 Next In Focus

USDCAD bears show no sign of abating as the sell-off continues for the fourth week, with the price crossing aggressively through the 1.2400 area to hit an almost three-month low of 1.2349 on Friday. The sharp downfall follows the confirmation...

AdminOct 15, 2021

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Category: Technical analysis of Forex market

GBP/USD Could Rally If It Clears 1.3800

WTI Rises for the Seventh Straight Week on Energy Crunch, Fears of Supply Shortage

AUD/USD Started a Steady Increase from 0.7320 Support

EUR/USD Might Continue To Struggle Near 1.1650

Retail Sales Recap: American Consumer is Alive and Well

EUR/USD Pair Is Now Attempting A Recovery From The 1.1524 Low

USD/JPY Outlook: Close Above Former High Of Nov 2018 To Signal Further Advance

AUD/NZD Evening Star Pattern Is Playing Out As Price Action Dominates

GBP/JPY Outlook: GBP/JPY Rises To The Highest In Over Five Years

USDCAD On A Slippery Slope, 1.23 Next In Focus

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