Technical analysis of Forex market | Forex robots store

Silver Wave Analysis

Silver reversed from support level 18.30 Likely to rise to resistance level 18.90 Silver earlier reversed up from the pivotal support level 18.30 (which has been steadily reversing the price from the end of June). The upward reversal from the...

AdminJul 27, 2022

Technical analysis of Forex market

USD/JPY Pair Moved into a Positive Zone Above $136.20

The US Dollar started a fresh increase after it tested the 135.60 zone against the Japanese Yen. The USD/JPY pair traded above the 136.20 level to move into a positive zone. The pair even moved above the 137.00 level, but...

AdminJul 27, 2022

Technical analysis of Forex market

EURCHF Wave Analysis

EURCHF reversed from support area Likely to rise to resistance level 0.9940 EURCHF currency pair recently reversed up from the support zone located between the pivotal support 0.9820 (which stopped wave 3 in the middle of this month) and the...

AdminJul 25, 2022

Technical analysis of Forex market

GBP/USD: Cable Remains Entrenched Within a Range and Awaiting Fresh Direction Signal

Cable extends directionless mode into fourth straight day, trading between 10DMA (1.1923) which offers solid support and strong barriers at 1.20 zone (psychological / falling 20DMA / Fibo 38.2% of 1.2406/1.1760 bear-leg. Pound benefited from stronger than expected UK PMI...

AdminJul 22, 2022

Technical analysis of Forex market

EUR/USD Pair Faced Sellers Near 1.0275 and is Currently Moving Lower

The Euro started a recovery wave above the 1.0200 zone against the US Dollar. The EUR/USD pair climbed above the 1.0250 resistance but it faced sellers. The pair faced sellers near the 1.0275 zone and is currently moving lower. It...

AdminJul 22, 2022

Technical analysis of Forex market

GBP/USD: Recovery Continues to Struggle at 1.20 Barrier

Cable continues to face strong headwinds at psychological 1.20 barrier for the third consecutive day and eases below 1.20 level after hitting a session high at 1.2037. Bulls already failed twice to sustain gains above 1.20 and on track for...

AdminJul 20, 2022

Technical analysis of Forex market

GBPUSD Jumps Higher to Meet 1.2000

GBPUSD is showing signs of being positive in the short run, after gaining ground on Thursday and breaking over its 28-month low of 1.1760. The technical indicators are pointing upwards as the RSI is on the rise, but it has...

AdminJul 19, 2022

Technical analysis of Forex market

EURJPY Wave Analysis

EURJPY reversed from support level 138.00 Likely to rise to resistance level 140.00 EURJPY currency pair recently reversed up with the Bullish Engulfing from the key support level 138.00, standing near the lower daily Bollinger Band and the 61.8% Fibonacci...

AdminJul 15, 2022

Technical analysis of Forex market

Dollar Index: Bulls Taking a Breather Under New 20-Year High

The dollar index is trading just under new highest since Sep 2002, hit on Thursday’s acceleration above 109.00 mark. The greenback remains well supported by strong risk aversion on global economic and political uncertainty, while the latest talks that the...

AdminJul 15, 2022

Technical analysis of Forex market

EUR/USD: Rising Pressure on Euro Suggests that Final Break Below Parity is Near

The Euro is hovering just above parity level for the third consecutive day, with this critical support being dented but bears were so far unable to break lower. Limited upticks show that downside pressure is strong, though headwinds from parity...

AdminJul 14, 2022

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Category: Technical analysis of Forex market

Silver Wave Analysis

USD/JPY Pair Moved into a Positive Zone Above $136.20

EURCHF Wave Analysis

GBP/USD: Cable Remains Entrenched Within a Range and Awaiting Fresh Direction Signal

EUR/USD Pair Faced Sellers Near 1.0275 and is Currently Moving Lower

GBP/USD: Recovery Continues to Struggle at 1.20 Barrier

GBPUSD Jumps Higher to Meet 1.2000

EURJPY Wave Analysis

Dollar Index: Bulls Taking a Breather Under New 20-Year High

EUR/USD: Rising Pressure on Euro Suggests that Final Break Below Parity is Near

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