Technical analysis of Forex market

AUD/USD Outlook: Aussie Holds In Red And Attacks Again Pivotal Support Zone Ahead Of Fed

The Australian dollar holds in red on Wednesday and attacks again key supports at 0.6830 zone (daily cloud base / broken Fibo 38.2% of 0.7080/0.6677) which contained Tuesday’s spike to ...
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EUR/USD And USD/CHF Eeing Upside Break

EUR/USD recovered recently above the 1.1025 resistance level and it might continue to rise. USD/CHF is currently consolidating and it seems like it is sighting an upside break above 0.9940 ...
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Crude Oil Outlook: Bulls Look for Extension of Monday’s Strong Rally and Eye Fibo Barrier at $63.69

WTI oil maintains bullish tone on Tuesday and consolidating under new four-month high, as sentiment remains positive after weekend’s attack at Saudi oil installations that sparked strong rally of oil ...
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WTI Gaps Higher And Breaks Upper Boundary

WTI oil futures’ steam cooled after a fierce move led to a break above the upper boundary of the three-and-a-half-month sideways market, with the price of the commodity already starting ...
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GBP/USD Turns Green, Can Bulls Remain In Action?

Key Highlights The British Pound climbed higher sharply above 1.2400 against the US Dollar. GBP/USD remains well supported near 1.2375 and a bullish trend line on the 4-hours chart. The ...
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NZDUSD Risk Remains Lower On More Decline

NZDUSD with the pair closing lower the past week and extending that weakness during Monday trading today, further decline is envisaged. Resistance lies at the 0.6400 level where a break ...
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USDNOK Uptrend Is Under Pressure, Short-Term Bias Neutral-To-Bearish

USDNOK has created a lower low around 8.910 and a lower high at 9.010, putting its upward pattern that topped at a multi-year high of 9.162 into speculation. The 50-period ...
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GOLD Remains Vulnerable With Further Decline Expected

GOLD eyes further weakness as it faces more bear pressure in the new week. On the downside, support sits at the 1,480.00 level where a break will turn focus to ...
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Silver Wins the Gold for Biggest Loser

Silver closed down almost 3.5% today near 17.50 as it continued its selloff from the blow off top at 19.62. The precious metal is down nearly 10% since September 4th ...
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AUD/NZD Breaks Out to New 2019 Highs

AUD/NZD has broken above 1.0729, it’s 2019 highs. Both the Australian Dollar and the New Zealand Dollar face many of the same risks from the trade war between China and ...
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AUDNZD Bulls Break above 5-Month High

AUDNZD breached the five-month high from April 17, after plotting gains in a rally that commenced on August 6. The indicators are reflecting an increase in positive directional momentum. The ...
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