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AUD/USD Recovering Higher Towards the 0.7365 Resistance

The Aussie Dollar started a fresh decline from well above 0.7450 against the US Dollar. The AUD/USD pair even broke the 0.7400 support level to enter a bearish zone. The pair traded as low as 0.7347 and it settled below...

AdminSep 13, 2021

Technical analysis of Forex market

Greenback Gains Support Early in the Week

Early in another week of September, EUR/USD is significantly falling and trading at 1.1790. The major currency pair started moving downwards after negotiations between American and Chinese Presidents. It was their first conversation in seven months. The key topics discussed...

AdminSep 13, 2021

Technical analysis of Forex market

Gold Is Sell On Rallies

Gold is making another technical sell pattern in the midst of the risk on. Gold has been the best market to trade in 2021. Simply, all trades have been technically aligned and I personally have made great profits on gold...

AdminSep 10, 2021

Technical analysis of Forex market

AUD/USD Outlook: Aussie Regains Traction But Fresh Bulls Face Strong Headwinds From Falling Thick

The Australian dollar regained traction on Friday and bounced to three-day high, confirming initial reversal signal., after Thursday’s Doji candle signaled that three-day pullback from new highest in nearly two months (0.7478) lost traction. Fresh advance was underpinned by growing...

AdminSep 10, 2021

Technical analysis of Forex market

GBP/USD Outlook: Bulls Hold Grip Despite Weak GDP And Pressure Key 1.39 Resistance Zone

Cable extends strong advance into the second straight day as bulls ignored weak July GDP data but remain underpinned by weaker dollar and BOE’s 4-4 split on possible rate hike, ahead of central bank’s Sep 23 policy meeting. The action...

AdminSep 10, 2021

Technical analysis of Forex market

NZD/JPY Breakout Could Occur

The NZD/JPY currency pair has been trading in an ascending channel pattern since August 20. The New Zealand Dollar has surged by 4.90% against the Japanese Yen during this period. Currently, the exchange rate is trading near the lower boundary...

AdminSep 10, 2021

Technical analysis of Forex market

CAD/CHF Two Scenarios Likely

Since this week’s trading sessions, the Canadian Dollar has declined by 82 pips or 1.12% against the Swiss Franc. The currency pair tested the lower boundary of an ascending channel pattern at 0.7226 on September 9. Everything being equal, the...

AdminSep 10, 2021

Technical analysis of Forex market

EUR/USD Analysis: Passes Resistance Of SMAs

On Friday morning, the EUR/USD currency exchange rate passed the resistance of the 55, 100 and 200-hour simple moving averages and reached the 1.1850 level. In the near term future, the currency exchange rate could test the resistance of the...

AdminSep 10, 2021

Technical analysis of Forex market

US 30 Struggles To Rebound

The Dow Jones 30 recoups losses over new low jobless claims. Price action’s struggle near the top at 35630 suggests a lack of commitment for a new high. The subsequent drop below the consolidation range (35200) has prompted short- term...

AdminSep 10, 2021

Technical analysis of Forex market

EUR/USD Declines Reaches Target

The decline of the EUR/USD continued on Wednesday, as the rate eventually reached the support of the weekly S1 simple pivot point at 1.1806. However, after touching the pivot point, the pair recovered to the 1.1830 level. Up to the...

AdminSep 9, 2021

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Category: Technical analysis of Forex market

AUD/USD Recovering Higher Towards the 0.7365 Resistance

Greenback Gains Support Early in the Week

Gold Is Sell On Rallies

AUD/USD Outlook: Aussie Regains Traction But Fresh Bulls Face Strong Headwinds From Falling Thick

GBP/USD Outlook: Bulls Hold Grip Despite Weak GDP And Pressure Key 1.39 Resistance Zone

NZD/JPY Breakout Could Occur

CAD/CHF Two Scenarios Likely

EUR/USD Analysis: Passes Resistance Of SMAs

US 30 Struggles To Rebound

EUR/USD Declines Reaches Target

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