Technical analysis of Forex market

Market Morning Briefing: Pound Has Fallen Sharply Unable To Test Or Rise Above 1.40

STOCKS Equities broadly retain their overall sideways range. While our bias remains bullish to see an upside breakout of the ranges in equities, a fresh trigger seems to be needed for that. Dow remains at the upper end of its...

AdminAug 2, 2021

Technical analysis of Forex market

EUR/USD Outlook: Bulls Lose Traction but Still on Course for Nearly 1% Weekly Advance

The Euro eases from one-month high on Friday, as bulls run out of steam following nearly 1% advance this week. US consumer spending rose above expectations in June and inflation accelerated further above Fed’s 2% target that boosted the dollar...

AdminJul 30, 2021

Technical analysis of Forex market

EUR/CHF At The Strong Support

The EUR/CHF has had a big drop but its at an important support zone now. Buying the support might be a good option. We have two distinctive points for a velly for buyers. Historical and present support are close together....

AdminJul 30, 2021

Technical analysis of Forex market

EUR/USD Pair Is Now Consolidating Losses Near The 1.1880 Support

The Euro found support near the 1.1770 zone and formed a support base against the US Dollar. The EUR/USD pair started a decent upward move above the 1.1800 resistance. It surpassed the 1.1820 resistance level and settled above the 50...

AdminJul 30, 2021

Technical analysis of Forex market

USDCAD Looks For Buyers Near 1.2440, Bears Could Dominate

USDCAD retreated below the short-term supportive trendline and to a two-week low of 1.2431 on Thursday following the multiple rejections from the 200-day simple moving average (SMA). The current consolidation area around 1.2440 overlaps with July 9-13’s support region and...

AdminJul 30, 2021

Technical analysis of Forex market

GBP/USD Outlook: Cable Is On Track For Strong Weekly Gains, Bulls Pressure Key 1.40 Resistance Zone

Cable remains firm and holding near a five-week high on Friday, pressuring key barriers at 1.3990/1.4000 (Fibo 61.8% of 1.4249/1.3571/twisting daily cloud/psychological). The pair advanced strongly this week and is on track for the biggest weekly gains since the last...

AdminJul 30, 2021

Technical analysis of Forex market

GBPJPY Attempts To Overcome 40-Day SMA

GBPJPY is challenging the 40-day simple moving average (SMA) and the 153.40 resistance, following the bounce off the 148.45 support level. A successful jump above 153.40 could take the market towards the 40-month peak of 156.06 before meeting the 156.50...

AdminJul 30, 2021

Technical analysis of Forex market

NEW! BTC/USD forecast. Bullish Hold

Technical analysis BTC The daily time frame shows that the BTC/USD pair is trading above its key 50-day moving average and attempting to break its 100-day moving average. The RSI indicator is approaching overbought territory across the daily time frame,...

AdminJul 30, 2021

Technical analysis of Forex market

XRPUSD Bullish Bias

Technical analysis The XRPUSD pair has broken sharply to the upside and is fast approaching its key 200-day moving average, which is located close to the 0.7700 level. According to the MACD indicator on the daily time frame the XRPUSD...

AdminJul 30, 2021

Technical analysis of Forex market

GBPAUD Fiercely Exits Range Area after a Year

GBPAUD knocked the wall around 1.8525 to fiercely exit the one-year-old range area and peak at a 14-month high of 1.8924 on Wednesday. Having snapped the 38.2% Fibonacci retracement of the 2020 massive sell-off (2.0845 – 1.7413), the pair could...

AdminJul 29, 2021

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Category: Technical analysis of Forex market

Market Morning Briefing: Pound Has Fallen Sharply Unable To Test Or Rise Above 1.40

EUR/USD Outlook: Bulls Lose Traction but Still on Course for Nearly 1% Weekly Advance

EUR/CHF At The Strong Support

EUR/USD Pair Is Now Consolidating Losses Near The 1.1880 Support

USDCAD Looks For Buyers Near 1.2440, Bears Could Dominate

GBP/USD Outlook: Cable Is On Track For Strong Weekly Gains, Bulls Pressure Key 1.40 Resistance Zone

GBPJPY Attempts To Overcome 40-Day SMA

NEW! BTC/USD forecast. Bullish Hold

XRPUSD Bullish Bias

GBPAUD Fiercely Exits Range Area after a Year

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