Technical analysis for EUR/USD, the pullback which started with the morning star pattern on the weekly chart reached the first target, the 0.382 FIB retracement at 1.0270. The focus now…
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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.
USD/JPY Technical Analysis, the pair broke below an ascending wedge
Technical analysis for USD/JPY, the pair reached the second target of the bullish wave on the monthly chart, the 1.618 FIB extension at 139.35, and rejected it. The rejection manifested…
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GBP/USD Technical Analysis, the price formed Head and Shoulder pattern
Technical analysis for GBP/USD, the price reached the second target for the bearish wave on the monthly chart, the 1.618 FIB extension around 1.1990-1.2000, and bounced from it, starting a…
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DXY Dollar Index Technical Analysis, the index rejected resistance starting a pullback
Technical analysis for the DXY dollar index, the index reached both dynamic and horizontal resistance and the 2.618 FIB extension on the monthly chart at 108.55. The dollar index went…
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FXCM Dollar index Technical analysis, the index reached the second target of the bullish wave
Technical analysis for the FXCM dollar index, the index reached the second target of the bullish wave on the monthly chart, the 1.618 FIB extension at 13 120. On the…
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USD/CAD Technical analysis, the pair broke out to the upside
Technical analysis for USD/CAD, the pair broke out above a six months resistance, above the double tops on the daily chart, and above the 0.382 FIB retracement on the weekly…
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USD/JPY Technical Analysis, the pair formed a double top
USD/JPY technical analysis, the pair rejected a resistance zone with tweezers top on the weekly chart and a double top on the daily chart, starting a pullback. The first target…
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USD/SGD Technical Analysis, the pair breakout continued the bullish wave
Technical analysis for USD/SGD, the pair broke out in April, closing above the 0.382 FIB retracement on the weekly chart and continued the bullish wave on the weekly chart. The…
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EUR/USD Technical Analysis, the pair formed a double bottom
Technical analysis for EUR/USD, the pair formed a double bottom on both the weekly and the daily charts, which is a signal for a pullback. The first target for this…
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CAD/JPY Technical Analysis, the pair reached the first target of the bullish wave
Technical analysis for CAD/JPY, the pair reached resistance and the first target of the bullish wave on the monthly chart, the 1.272 FIB extension at 106.75, and bounced from it,…
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AUD/JPY Technical Analysis, the pair reached the first target of the bullish wave
Technical analysis for AUD/JPY, the pair reached the first target for the bullish wave on the monthly chart, the 1.272 FIB extension on the monthly chart at 96.70. The price…
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GBP/USD Technical Analysis, the pair formed Head & Shoulders pattern
Technical analysis for GBP/USD, the pair reached the previous daily high and the 0.382 FIB retracement on the weekly chart at 1.2600 and formed a Head & Shoulders pattern on…
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