Technical analysis of Forex market

The NZD/JPY currency pair bounced off the lower boundary of an ascending channel pattern at 76.35 on September 21. As a result, the New Zealand Dollar has surged by 173 ...
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GBPJPY has pushed higher off a two-month low of 148.94 and is finding some difficulty in extending the move far above the 150.00 mark. The bearish simple moving averages (SMAs) ...
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AUDUSD was unsuccessful in piercing the 0.7300 level late on Wednesday but resilient enough to hold above the familiar base of 0.7230, where the bulls found some footing in the ...
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WTI futures are climbing above the Ichimoku cloud and the bullish crossover within the 20- and 40-day simple moving averages (SMAs), challenging again the previous days’ high of 72.86.According to ...
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On Monday, majority US equity indices were hit hard, with their biggest one-day selloff in months. The S&P 500 closed -73.50 on the day, the Dow Jones Industrials were -614, ...
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The USD/CAD is currently ranging within an ascending channel. We could see a dip then a move up. The POC zone comes around 1.2650 and we could see a move ...
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On Tuesday, the US Dollar surged by 84 pips or 0.66% against the Canadian Dollar. The currency pair breached the upper line of an ascending channel pattern at 1.2850 during ...
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The USD/ZAR has made a bearish SHS formation. We should see a move down. MH3 is the right shoulder of the bearish formation. We can see the pin bar rejection ...
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GBPUSD retraced to an almost one-month low of 1.3640 on Monday after a multi-day battle with the 200-day simple moving average (SMA) and the 1.3840 barrier, where a dashed resistance ...
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STOCKSShort selling continues in the equities globally as most indices break immediate supports and look bearish for the next few sessions. Dow and Dax have broken below 34000 and 15400 ...
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The cross rose over 0.5% on Monday and hit 8-day high, on a biggest one-day rally in one month. Sterling, as more risk-sensitive currency than the euro, reacted negatively on ...
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