Technical analysis for the USD/JPY, the pair rejected support and 0.618 FIB retracement on the daily chart with a low-test candle, which is a signal for a bounce. The first…
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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.
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DXY dollar index Technical analysis, the index reached support
Technical analysis for the DXY dollar index, the index reached the 0.618 FIB retracement and horizontal and dynamic support on the weekly chart. If the index breaks below the ascending…
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FXCM dollar index Technical analysis, the index reached support
Technical analysis for the FXCM dollar index, the index reached the 0.618 FIB retracement and horizontal and dynamic support on the weekly chart. If the index breaks below the ascending…
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NZD/USD Technical analysis, the pair broke above the daily 50 EMA
Technical analysis for the NZD/USD, the pair broke above the daily 50 EMA and the previous high. This breakout started a bullish run on the daily chart. The first target…
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USD/CAD Technical analysis, the bearish pressure accelerated
Technical analysis for the USD/CAD, the pair broke below the strong support and a double bottom on the daily chart, below 1.2600-1.2620. This breakout started a bearish run. The first…
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EUR/USD Technical analysis, the pair breakout of ascending triangle
Technical analysis for EUR/USD, the pair breakout of ascending triangle on the daily chart, after almost two months of consolidation. The first target for this bullish breakout is the 0.618…
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GBP/USD Technical Analysis, low-test candle on the weekly chart, signal for a pullback
Technical analysis for the GBP/USD, the pair close the week with a low-test candle on the weekly chart. The price bounced from 0.500 and 0.386 FIB retracements on the monthly…
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DXY dollar index Technical Analysis, tweezer top on the weekly chart
Technical analysis for the DXY dollar index, the index formed tweezer top on the weekly chart, which is a signal for a pullback. The first target for the pullback, the…
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FXCM dollar index technical analysis, double top on the daily chart
Technical analysis for the FXCM dollar index, the index formed a double top on the daily chart, which is a signal for a pullback. The first target for this potential…
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CHF/JPY Technical analysis, the pair is consolidating after a breakout
Technical analysis for the CHF/JPY, the price broke below the previous daily low at 123.42 and started consolidation. The consolidation formed a range between 123.55-122.14. If the CHF/JPY pair breaks…
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EUR/USD Technical Analysis, the pair bounced from support and started a pullback
Technical analysis for the EUR/USD, the pair reached the second target of the bearish weekly wave at 1.618 FIB extension at 1.1225 and started a pullback. The EUR/USD went as…
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NZD/USD Technical analysis, the pair is sitting at support zone
Technical analysis for the NZD/USD, the pair is within an important support zone and the previous monthly low at 0.6805. A break below 0.6805 will accelerate the bearish run, and…
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