Technical analysis for the AUD/JPY is showing that the pair reached both dynamic and horizontal resistance at 84.50 and rejected it with a high-test candle on the weekly chart. This…
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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.
CAD/JPY Technical analysis, the pair reached the 1st target of the bullish weekly wave and closed with a high-test candle on the weekly chart
Technical analysis for CAD/JPY is showing that the price reached the 1st target of the bullish weekly wave at 1.272 FIB extension at 87.90 and closed with a high-test candle…
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NZD/JPY Technical analysis, the pair reached the 2nd target of the 3rd daily bullish wave and resistance and form double top on the daily chart
Technical analysis for NZD/JPY is revealing that the pair reached the 2nd target of the 3rd bullish daily wave and formed a double top on the daily chart. The price…
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USD/CAD Technical analysis, the price reached the 2nd target of the 3rd bearish wave and support zone and bounced from it
Technical analysis for USD/CAD is showing that the price reached the 2nd target of the 3rd bearish daily wave around 1.2420, it went as low as 1.2365, which is a…
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EUR/CAD Technical analysis, the pair broke below the key support level at 1.5050, accelerating the bearish momentum
Technical analysis for EUR/CAD is showing that the price broke below the key support at 1.5050, confirming the 3rd weekly bearish wave. The first target of this bearish weekly wave…
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FXCM dollar index – Technical analysis, trading in a range, form descending triangle on the 4H chart
Technical analysis for the FXCM dollar index is showing that the price is trading in a range and form a descending triangle on the 4H chart. Break above the descending…
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DXY dollar index – retesting the breakout area, which is now a support zone on the daily chart
Not a lot changed in the past week. After the initial breakout in the daily chart, the price pulled back to retest the breakout. The first target of this breakout…
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FXCM dollar index – retesting the breakout area, which is now a support zone on the daily chart
Not much changed in the past week. After the initial breakout in the weekly and the daily charts, the price pulled back to retest the breakout. The first target of…
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EUR/USD – extending the bearish run on the daily chart after a break below the previous low
The pair broke below the previous daily low, below 1.1952, extending the daily bearish run. The first target of this bearish run is at 100% FIB extension around 1.1840, the…
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NZD/USD – formed tweezer tops on the monthly chart rejecting resistance
The pair formed tweezer tops on the monthly chart, high-test candle on the weekly chart, which materializes as an ABC pullback on the daily chart. The price reached both horizontal…
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AUD/USD – Technical Analysis. ABC daily pullback reached support on the weekly chart
The pair broke below the previous daily low, extending the daily pullback to an ABC pullback. The price is sitting on the 0.386 FIB retracement and on ascending trend line…
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GBP/USD – ABC pullback on the daily reached support
The pair reached the first target of the weekly bullish wave at 1.272 FIB extension around 1.4040, formed a high-test candle on the weekly chart, and started a pullback. This…
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