Technical analysis of Forex market | Forex robots store

EUR/USD Recovers But Faces Key Hurdles

Key Highlights EUR/USD started an upside correction from the 1.1700 region. It broke a key bearish trend line with resistance near 1.1745 on the 4-hours chart. GBP/USD managed to stay above the 1.3800 support zone. USD/JPY declined below the 109.80...

AdminAug 16, 2021

Technical analysis of Forex market

Oil Price Started A Fresh Increase Above $68.00

Crude oil price started a fresh increase above the $68.00 resistance against the US Dollar. However, the price failed to surpass the $69.40 and $69.50 resistance levels. A high is formed near $69.39 and the price is now slowly moving...

AdminAug 13, 2021

Technical analysis of Forex market

GBPJPY Fails To Overcome 153.40, Neutral-To-Bearish Bias

GBPJPY attempted to break the upper border of the neutral zone it has been ranging within this week, but its efforts proved unsuccessful as the 153.40 barrier defended the bears once again.The short-term oscillators are also in favor of the...

AdminAug 13, 2021

Technical analysis of Forex market

USDCAD Stuck In Narrow Range Below SMAs

USDCAD could barely rotate since the rejection near the 20- and 200-day simple moving averages (SMAs) on Monday, with the price edging up to close slightly above the 1.2500 level on Thursday. The momentum indicators point to a neutral-to-bearish bias...

AdminAug 13, 2021

Technical analysis of Forex market

EUR/USD Breached Channel Pattern

The common European currency has edged higher by 41 pips or 0.35% against the US Dollar since this week’s trading sessions. The currency pair breached the 55- and 100- hour SMAs this week. By and large, the exchange rate could...

AdminAug 13, 2021

Technical analysis of Forex market

GBP/USD Decline To Continue

The US Dollar against the Japanese Yen consolidated below the 110.60 level on Thursday. The currency pair traded between the 55– and 100– hour SMAs during Thursday’s trading session. Technical indicators suggest buying signals on the 4H and daily time-frame...

AdminAug 13, 2021

Technical analysis of Forex market

USD/JPY Trades Sideways

AdminAug 13, 2021

Technical analysis of Forex market

XAU/USD Two Scenarios Likely

During the first half of Thursday’s trading session, Gold fell by 144 pips or 0.82% against the US Dollar. However, the commodity rebounded from a support level of 1744.8 at the end of the session. Currently, the yellow metal is...

AdminAug 13, 2021

Technical analysis of Forex market

S&P 500 Surges To New High

The S&P 500 continues to climb as weekly jobless claims meet estimates. A series of higher highs suggests that the bullish sentiment is still intact. 4480 would be the next stop as momentum traders jump in. The RSI has broken...

AdminAug 13, 2021

Technical analysis of Forex market

Bitcoin – Retracement Complete or Brief Pause?

Bitcoin seeing temporary resistance Bitcoin is slightly lower on Thursday, having stalled in the middle of the week following strong rallies this month. The 50 fib level – April highs to June lows – is putting up a bit of...

AdminAug 12, 2021

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Category: Technical analysis of Forex market

EUR/USD Recovers But Faces Key Hurdles

Oil Price Started A Fresh Increase Above $68.00

GBPJPY Fails To Overcome 153.40, Neutral-To-Bearish Bias

USDCAD Stuck In Narrow Range Below SMAs

EUR/USD Breached Channel Pattern

GBP/USD Decline To Continue

USD/JPY Trades Sideways

XAU/USD Two Scenarios Likely

S&P 500 Surges To New High

Bitcoin – Retracement Complete or Brief Pause?

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