In our USD/JPY technical analysis, a significant development unfolds as the pair forms double top on both the weekly and monthly charts, triggering a retracement. Delving into the intricacies, we…
Read the post
Currencies Technical Analysis
Every week we publish our technical analysis for the currencies pairs that looks interesting. We focus on breakout, technical patterns, key support and resistance levels, combined with a trend/wave-based analysis.
Our mission is to help you improve your forex trading.
Deciphering NZD/USD Trends: Navigating Strong Resistance Zones
In our NZD/USD technical analysis, the currency pair encounters a formidable challenge as it grapples with a robust resistance zone. Delving into the technical intricacies, we explore key levels and…
Read the post
EUR/USD Technical Analysis: Deciphering Trends and Targets for Strategic Trading
In our EUR/USD technical analysis, a pivotal moment unfolds as the pair rejects the 0.618 Fibonacci retracement with a high-test pattern on the monthly chart. Navigating through the long-term trend…
Read the post
Navigating Trends: Comprehensive Technical Analysis for GBP/USD
In our detailed GBP/USD technical analysis, the currency pair has recently encountered a critical juncture, marked by a rejection of the 0.618 Fibonacci retracement with a high-test candle on the…
Read the post
AUD/USD Technical Analysis Signals a Bullish Breakthrough Beyond Weekly Descending Trend Line
In the dynamic realm of currency trading, the AUD/USD pair has recently undergone a noteworthy shift, breaking free from the constraints of a descending channel on the daily chart and…
Read the post
AUD/CHF Technical Analysis, the pair formed a double bottom on the weekly chart
Embarking on a meticulous analysis of the AUD/CHF currency pair, our attention is drawn to a compelling technical narrative. Notably, the AUD/CHF duo has forged a distinctive double bottom pattern,…
Read the post
EUR/USD Technical Analysis, the pair is facing descending trend line and resistance
Technical analysis for the EUR/USD, the pair is facing a descending trend line, resistance zone, and the 50 EMA on the weekly chart. A break above this resistance zone between…
Read the post
FXCM Dollar Index Technical Analysis, the index formed a double-top
Technical analysis for the FXCM dollar index, the price formed a double-top pattern on the daily chart rejecting the top of ascending price channel on both the daily and the…
Read the post
CHF/JPY Technical analysis, the pair formed a high-test pattern on the weekly chart
Technical analysis for the CHF/JPY, the pair formed a high-test pattern on the weekly chart, signaling a potential pullback. The first target for this pullback is the 0.382 FIB retracement…
Read the post
GBP/USD Technical Analysis, the pair formed a low-test rejecting resistance
Technical analysis for GBP/USD, the pair formed a low-test pattern on the weekly and the daily charts, rejecting the 2020 low, signaling the begging of a bounce. The first target…
Read the post
DXY Index Technical Analysis, the index formed a Head & Shoulder pattern rejecting resistance
Technical analysis for the DXY, the index rejected resistance and 0.786 FIB retracement on the monthly chart at 109.80 with a bearish inside bar on the weekly chart and Head…
Read the post
AUD/USD Technical Analysis, the pair formed a double bottom
Technical analysis for AUD/USD, the pair formed a double bottom on the weekly chart, rejecting the 0.500 FIB retracement on the monthly chart, signaling a potential bounce. The first target…
Read the post
