Technical analysis of Forex market | Forex robots store

GBP/USD Ignores Technical Levels

On Wednesday, the GBP/USD found support in the 1.3730 level and started a surge. The surge ignored most technical levels or broke their resistance with ease. By the middle of Thursday’s European trading hours, the rate had reached the 100-hour...

AdminSep 9, 2021

Technical analysis of Forex market

Elliott Wave View: USDCAD Looking For More Upside

Short-term Elliott wave view in USDCAD suggests that the cycle from 01 Jun 2021 low is unfolding as a double correction. The structure remains incomplete favoring more upside extension. Up from that low, the pair has ended the first leg...

AdminSep 9, 2021

Technical analysis of Forex market

Dax Falls Over 1% in Pre-ECB Trading

The Dax accelerated lower on Wednesday, extending weakness into the second consecutive day and being on track for the biggest one-day loss since July 19. Global stocks eased on worries about the slowing pace of global economic recovery, with European...

AdminSep 8, 2021

Technical analysis of Forex market

Gold Bearish Rejection From The Top

Gold is currently moving down. I had a perfect sell from the top which is running in profits. As the price is breaking below the MAs and 78.6 fibonacci we could see a support. If you see the daily chart,...

AdminSep 8, 2021

Technical analysis of Forex market

Market Morning Briefing: Aussie Fell Sharply From 0.75-0.7480

STOCKS Dow has fallen sharply breaking below our expected support at 35250 and can test lower support near 35000 before bouncing from there. Dax may bounce from 15800 or 15600 and looks bearish for the very near term. Nifty and...

AdminSep 8, 2021

Technical analysis of Forex market

USD/CHF Remains Within Range

The USD/CHF currency pair has been trading sideways since August 18. The exchange rate traded between the 0.9240/0.9100 levels during last week’s trading sessions. All things being equal, the US Dollar against the Swiss Franc could continue to trade sideways...

AdminSep 7, 2021

Technical analysis of Forex market

EUR/GBP Two Scenarios Likely

The common European currency depreciated by 41 pips or 0.47% against the British Pound last week. The currency pair tested the lower line of an ascending channel pattern at 0.8560 on Friday. Currently, the exchange rate is trading near the...

AdminSep 7, 2021

Technical analysis of Forex market

Market Morning Briefing: Aussie Is Stable And Ranged While Below 0.7480

STOCKS Dow has dipped slightly while Dax has risen about 150 points. Dow could see ranged trade for the next few sessions while Dax can dip from 16200/300 if it rises further from current levels. Nikkei is bullish towards 29000/30000....

AdminSep 7, 2021

Technical analysis of Forex market

AUD/USD Outlook: Aussie Pausing ahead of Key Event – RBA Policy Meeting on Tuesday

Bulls are taking a breather on Monday after strong gains in past two weeks, as volumes thinned due to US holiday and traders awaiting early Tuesday’s RBA policy meeting for more information about tapering decision. The action is supported by...

AdminSep 6, 2021

Technical analysis of Forex market

EUR/USD Elliott Wave Analysis: Recovery In Progress

EURUSD is coming down, hitting some resistance now despite worse than expected US NFP report on Friday. EURUSD currency pair has support at daily 50 SMA (Simple Moving Average) around 1.18 level, at the former wave four. As per Elliott...

AdminSep 6, 2021

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Category: Technical analysis of Forex market

GBP/USD Ignores Technical Levels

Elliott Wave View: USDCAD Looking For More Upside

Dax Falls Over 1% in Pre-ECB Trading

Gold Bearish Rejection From The Top

Market Morning Briefing: Aussie Fell Sharply From 0.75-0.7480

USD/CHF Remains Within Range

EUR/GBP Two Scenarios Likely

Market Morning Briefing: Aussie Is Stable And Ranged While Below 0.7480

AUD/USD Outlook: Aussie Pausing ahead of Key Event – RBA Policy Meeting on Tuesday

EUR/USD Elliott Wave Analysis: Recovery In Progress

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