Technical analysis for the GBP/JPY, the pair reached the third target of the bullish wave on the weekly chart, the 2.272 FIB extension at 167.00. The price went as high…
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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.
AUD/USD Technical Analysis, the pair broke below an ascending wedge
Technical analysis for the AUD/USD, the pair broke below ascending wedge on the daily chart, extending the pullback on the weekly chart and starting a bearish run on the daily…
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CHF/JPY Technical analysis, the pair reached the second target of the bullish wave
Technical analysis for CHF/JPY, the price reached the second target of the bullish wave on the monthly chart, the 1.618 FIB extension at 133.15 and the previous high at 134.61,…
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GBP/NZD Technical Analysis, the pair formed a double bottom on the weekly chart
Technical analysis for the GBP/NZD, the pair formed a double bottom on the weekly chart, starting a pullback. The first target for this pullback is the 0.382 FIB retracement at…
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GBP/AUD Technical Analysis, the pair broke out above a Head & Shoulders pattern
Technical analysis for the GBP/AUD, the pair formed a morning star pattern on the weekly chart bouncing from strong support, signaling a pullback on the weekly chart. The pair also…
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NZD/USD Technical Analysis, the price broke below an ascending trend line
Technical analysis for NZD/USD, the price broke below ascending trend line on the daily chart, which is a signal for further declines. The first target for this breakout is the…
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USD/CAD Technical Analysis, the pair broke below the ascending triangle
Technical analysis for the USD/CAD, the pair broke below the ascending triangle on the weekly chart. The first target for this breakout, the previous weekly low at 1.2450, was reached….
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AUD/USD Technical Analysis, the pair reached a resistance zone
Technical analysis for the AUD/USD, the pair reached the second target of the daily bullish wave, the 1.618 FIB extension at 0.7540. The zone between 0.7540-55 should provide resistance and…
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DXY Dollar Index Technical Analysis, the index reached the second target for the bullish wave
Technical analysis for the DXY dollar index, the index is holding the low and 0.382 FIB retracement on the daily chart around 97.75. If the DXY index breaks below the…
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FXCM Dollar Index Technical Analysis, the index is holding support
Technical analysis for the FXCM dollar index, the index is holding the support and 0.382 FIB retracement on the daily chart around 12 300. If the dollar index breaks below…
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GBP/USD Technical Analysis, the pair started a pullback
Technical analysis for the GBP/USD, the pair has completed the latest bearish run on the daily chart and hit the second target of that run, the 1.618 FIB extension at…
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NZD/USD Technical Analysis, the pair attempting a breakout
Technical analysis for NZD/USD, the pair broke above the previous double top on the daily chart, above the previous weekly high at 0.6890, and above the weekly 50 EMA. This…
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