Technical analysis of Forex market

Oh how quickly things can change! This time last week, gold bulls were riding high, with the yellow metal trading near a 5-month high after a couple-month run outperforming other ...
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The US 30 (Cash) index posted a negative correction movement after it topped at 34,881 in the beginning of the month. The price also declined below the 20- and 40-day ...
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The euro currency is appearing very bearish against the US dollar as the greenback gains ground after a more hawkish policy speech from the Federal Reserve than expected. The EURUSD ...
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The US Dollar started a steady increase from the 109.40 support zone against the Japanese Yen. The USD/JPY pair even climbed above the 109.80 level to move into a positive ...
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FedEx Corporation (FDX) has made a bullish bounce. But the rebound was even stronger than expected because price action broke above the top. The main targets are located at the ...
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Short Term Elliott Wave view in EURUSD suggests the decline from May 25 peak is unfolding as a double three Elliott Wave structure. Down from May 25 peak, wave W ...
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All eyes will be on the Fed when it concludes its meeting at 18:00 GMT Wednesday. It is probably too early for a discussion about an exit strategy from cheap ...
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The British Pound has plunged by 1.30% against the Australian Dollar since the beginning of June. The currency pair tested the weekly support level at 1.8218 on June 10. All ...
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Short Term Elliott Wave in CADJPY suggests the rally to 91.19 ended wave (3). Wave (4) pullback is currently in progress with internal subdivision as a zigzag Elliott Wave structure ...
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The US 500 stock index (Cash) is poised to move higher after having registered a fresh all-time high of 4,257. The 50- and 100-period simple moving averages (SMAs) are regaining ...
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Cable stands at the back foot on Monday and fell to one-month low (1.4069), in extension of Friday’s 0.45% drop that generated negative signal on formation of bearish engulfing pattern ...
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GOLD – XAUUSD is coming down again, but the whole structure since the beginning of June now more and more looks like a bullish triangle formation within wave 4), where ...
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The Euro started a fresh decline from the 1.2220 resistance zone against the US Dollar. The EUR/USD pair broke the 1.2200 support zone, but it remained well bid near 1.2150 ...
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NZDUSD has been in a slightly upside movement over the last 4-hour sessions, flirting with the downward sloping 20- and 40-period simple moving averages (SMAs). Broadly, the pair is trading ...
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Spot gold edged higher on Friday and probed above $1900 barrier, inflated by weaker dollar after signals that rising US inflation, which made a biggest annual increase almost 13 years, ...
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USDCAD is consolidating around the level of 1.2060, which happens to be a key trough achieved in early September 2017, after its most recent deflection off the upper frontier of ...
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The DAX consolidates gains as investors weigh high valuations against the pace of recovery. On the daily chart, a bullish MA cross is a sign of acceleration in the rally ...
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The euro weakened after the ECB maintained its accommodative monetary stance. The pair has so far kept its bullish bias following a rally above April 2018’s high at 133.48. The ...
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The US dollar surged after May’s core CPI rose by 3.8% yoy. The pair remained under pressure after it broke below the lower band of the consolidation range at 0.8930 ...
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Bitcoin is still slightly bullish in the short-term, despite the fact that a strong reversal took place from above the $38,000 level on Thursday. Sustained gains above the $36,300 level ...
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