Technical analysis for the DXY dollar index, the index closed with high-test candle on the daily chart, rejecting resistance zone and 0.386 FIB retracement at 94.50. The DXY index formed…
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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.
FXCM Dollar Index Technical analysis, the index formed high-test candle and double top on the daily chart
Technical analysis of the FXCM dollar index, the index closed with a high-test candle on the daily chart, forming a double top, an early signal for a potential decline ahead….
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AUD/JPY Technical analysis, the pair reached the previous weekly high and closed the week with doji
Technical analysis for the AUD/JPY, the pair reached the previous weekly high, the 2.168 FIB extension on the daily chart, and closed the week with a dragonfly doji, signaling a…
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GBP/USD Technical analysis, the pair reached an important resistance area
Technical analysis for the GBP/USD, the pair reached an important resistance area, descending trend line and the previous daily high at 1.3751. If the GBP/USD close above the descending trend…
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EUR/USD Technical Analysis, the pair formed tweezer bottom signaling a potential pullback
Technical analysis for the EUR/USD, the pair formed a tweezer bottom on the weekly chart, a signal for a potential pullback. The focus now is on the daily chart. The…
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NZD/USD Technical analysis, the pair broke out of consolidation with strong bullish momentum
Technical analysis for the NZD/USD, the pair broke out of consolidation, breaking above the 0.6980 with a strong bullish impulse. The first target of this bullish breakout is the 1.272…
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DXY Dollar Index Technical Analysis, the index reached a key resistance and 0.386 FIB retracement
Technical analysis for the DXY dollar index, the price reached a key resistance and the 0.386 FIB retracement on the weekly and the monthly charts and started a pullback on…
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FXCM Dollar Index Technical Analysis, the index reached a key resistance and 0.386 FIB retracement
Technical analysis for the FXCM dollar index, the price reached a key resistance and the 0.386 FIB retracement on the weekly and the monthly charts and started a pullback on…
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AUD/USD Technical Analysis, the pair reached the second target of the bearish daily wave and started a pullback
Technical analysis for the AUD/USD, the pair reached the second target of the daily bearish wave at 1.618 FIB extension at 0.7120 and started a pullback. This pullback almost reached…
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USD/JPY Technical Analysis, the pair reached resistance and 0.618 FIB retracement and started a pullback
Technical analysis for the USD/JPY, the pair reached the third target of the third daily bullish wave at 2.272 FIB extension at 111.65 and the 0.618 FIB retracement at 112.00…
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USD/CHF Technical Analysis for, the pair broke above the weekly high at 0.9275
Technical analysis for the USD/CHF, the pair broke above the weekly high at 0.9275. This breakup opens the door for a bullish run toward the previous weekly high at 0.9472….
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GBP/USD Technical analysis, the pair reached the first target of the daily bearish wave
Technical analysis for GBP/USD, the pair reached the first target of the bearish daily wave at 1.272 FIB extension at 1.3410, which was close to the 0.500 FIB retracement on…
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