The bearish trend on the monthly chart which started with the break down in 2014 has not concluded yet, the first target of this bearish trend is around 0.9700. However,…
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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.
NZD/CAD – TECHNICAL ANALYSIS for 2021
Analyzing the monthly chart we can conclude that the pair is in big range, the bottom of the range is the support between 0.8250 – 08480 and the top of…
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NZD/JPY – TECHNICAL ANALYSIS for 2021
The pair broke above descending wedge on the monthly chart and broke above key resistance, above 73.50. The weekly chart is now within 3rd bullish wave, the first target for…
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CHF-JPY – TECHNICAL ANALYSIS for 2021
The price is approaching key resistance between 117.70 – 118.60, rejection of the resistance will signal resumption of the bearish trend, which started with the leg down in June 2015….
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EUR/GBP – TECHNICAL ANALYSIS for 2021
Analysist of the quarterly and the monthly chart are showing multiple attempt and rejection of the extreme high and resistance between 0.9100 -0.9500. The price was not able to hold…
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AUD/NZD – TECHNICAL ANALYSIS for 2021
The price is stuck in a pattern on the monthly chart, we need to see breakout of the pattern to determined where the price is heading next. The support level…
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GBP/CAD – TECHNICAL ANALYSIS for 2021
The price is in consolidation within a range, the top of this range is the resistance zone between 1.7500 – 1.770. The bottom of this range is the support zone…
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DXY dollar index – technical analysis for 2021
Similar to the FXCM dollar index. The index is within its 3rd bearish wave of the bearish trend on the monthly and weekly chart. The first target for the weekly…
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FXCM dollar index technical analysis for 2021
The dollar started a new bearish trend and we are within the 3rd wave on the weekly and monthly chart of that bearish trend. The main levels to watch are…
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