Technical analysis of Forex market | Forex robots store

EUR/USD Could Decline Further Below 1.1750

Key Highlights EUR/USD is trading in a bearish zone below the 1.1850 pivot level. A crucial bearish trend line is forming with resistance near 1.1800 on the 4-hours chart. GBP/USD recovered nicely after it tested the 1.3600 support zone. USD/JPY...

AdminJul 26, 2021

Technical analysis of Forex market

USDCAD Recoils Beneath 200-SMA But Upside Still Active

USDCAD’s seven-week uptrend from the 6-year lows remains structurally intact with shaped higher lows and highs, in spite of the fresh pullback from the peak of 1.2807. Upside sentiment appears to be growing, something also being indicated by the softened...

AdminJul 23, 2021

Technical analysis of Forex market

NZDUSD Is Possibly Bullish

Technical analysis The CCI with the MACD indicates that the uptrend may prevail The price is above MA(50), suggesting a possible movement upwards. What the possible outcomes are In our most likely scenario, the NZDUSD pair may attempt to break...

AdminJul 23, 2021

Technical analysis of Forex market

BTCUSD Still Bullish

Technical analysis The BTCUSD pair is consolidating around the mid-line of the daily Bollinger Band. A break above the mid-line exploses further gains towards the upper daily Bollinger Band, around the $35,250 level. The daily time frame also shows that...

AdminJul 23, 2021

Technical analysis of Forex market

USDCAD Now Bearish

Technical analysis The USDCAD pair is bearish after moving back under its 200-day moving average. The early-week move higher appears to have been a false technical breakout. The daily time frame shows that significant amounts of bearish MACD price divergence...

AdminJul 23, 2021

Technical analysis of Forex market

EUR/USD Outlook: Extended Consolidation To Precede Final Push Towards Key Supports

The EURUSD is holding near the new multi-week low in early European trading on Friday, after strong upside rejection and subsequent drop on Thursday. The short-lived positive impact from ECB resulted in a brief correction which was capped by initial...

AdminJul 23, 2021

Technical analysis of Forex market

GBPJPY Proceeds Higher After Bullish Doji

GBPJPY is pushing for another green day, justifying the bullish dragonfly doji candlestick formed on Tuesday following the bounce on the 4 ½-month low of 148.45 and the 23.6% Fibonacci retracement of the March 2020 – May 2021 upleg. While...

AdminJul 23, 2021

Technical analysis of Forex market

XAG/USD Attempts Rebound

Bullions recover as the US dollar retreats across the board. Silver has so far found buying interest on the daily support level at 24.70. Once again, a divergent RSI in the demand zone foreshadowed the rebound. The break above 25.25...

AdminJul 23, 2021

Technical analysis of Forex market

USDCHF Ranges Between 23.6% and 76.4% Fibonacci Levels

USDCHF is struggling to dip beneath the 100-day simple moving average (SMA) at 0.9155 following the recent evaporation of upside momentum. That said, the pair is somewhat presently stuck between the stabilized upper and lower frontiers of the Bollinger bands...

AdminJul 22, 2021

Technical analysis of Forex market

EURJPY Flirts with 130.00 Mark; Falling Trend Line Holds

EURJPY has been trading higher over the last couple of days, keeping its footing around the 130.00 level and above the short-term simple moving averages (SMAs). As regards the market momentum, some optimism seems to be building over an upside...

AdminJul 22, 2021

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Category: Technical analysis of Forex market

EUR/USD Could Decline Further Below 1.1750

USDCAD Recoils Beneath 200-SMA But Upside Still Active

NZDUSD Is Possibly Bullish

BTCUSD Still Bullish

USDCAD Now Bearish

EUR/USD Outlook: Extended Consolidation To Precede Final Push Towards Key Supports

GBPJPY Proceeds Higher After Bullish Doji

XAG/USD Attempts Rebound

USDCHF Ranges Between 23.6% and 76.4% Fibonacci Levels

EURJPY Flirts with 130.00 Mark; Falling Trend Line Holds

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