The quarterly and the monthly chart review that the long-term bearish trend has concluded in 2010 with double bottoms and bounce from dynamic support in 2012. That bounce led to…
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2021 TECHNICAL ANALYSIS
Dow Jones Industrial – technical analysis for 2021
Looking at the monthly chart, we can see that the index not only broke above pre-pandemic high, but it also broke above this ascending price channel, signaling further upside. The…
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GBP/AUD – TECHNICAL ANALYSIS for 2021
Looking at the quarterly chart we can determinate that the bearish trend hasn’t concluded yet we are in the 4th wave pullback and below key resistance zone, below 2.0880! Therefore,…
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EUR/AUD – TECHNICAL ANALYSIS for 2021
Looking at the quarterly chart we can find the following strong support resistance zone, between 1.6200 – 1.5550, 1.5370 the bottom of that zone. The daily chart is within 3rd…
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Brent Crude Oil – technical analysis for 2021
The price is within 3rd bullish wave on the weekly and the daily chart. The 1st target of the 3rd bullish daily wave is at the 1.272 FIB around 60.30,…
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Copper – technical analysis for 2021
After the initial plunge during the COV19 pandemic, the price bounced from the support zone around the 2016 lows, around the 2.00. That bounce led to break above 2.88 and…
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EUR-JPY – TECHNICAL ANALYSIS for 2021
The pair formed double bottoms on the monthly chart in May 2020 rejecting the support around 115.00. The weekly chart is now within 3rd wave of the bullish trend, the…
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Japan Nikkei 225 – technical analysis for 2021
In the month of November 2020 the index broke above strong resistance that was holding the price since December 2017. The bullish momentum was strong enough to carry the index…
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USD/SGD – TECHNICAL ANALYSIS for 2021
The pair failed to continue to the upside and to extend bullish break out on the monthly chart, that happened in December 2014. Instead during the COV19 pandemic the price…
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S&P 500 – broke above the pre-pandemic high
technical analysis for 2021 Study on the monthly char shows that the first target of the bullish breakout above the 2007 high, which occurred in 2013 was reached in December…
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AUD/USD – TECHNICAL ANALYSIS for 2021
The price broke briefly below the 2008 low in the beginning of the COV19 pandemic, but held that support on the monthly chart. Eventually we saw break above key horizontal…
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AUD/CAD – TECHNICAL ANALYSIS for 2021
The pair perhaps completed its 3rd bullish wave on the daily chart when it reached the second target of that wave at 1.618 FIB extension around 0.9660. Now the pair…
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