The price formed potential Head and Shoulders on the 4H chart, if we see a break above the resistance zone between 1.2170 – 1.2190 we will see further upside toward…
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currencies
DXY dollar index – broke below the bearish flag on the 4H chart
The price broke below the bearish flag on the 4H chart and formed Head and Shoulders on the 4H chart. If the price break below 89.92 we will see further…
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FXCM dollar index – broke below the bearish flag on the 4H chart
The price broke below the bearish flag on the 4H chart and below the neckline on the 4H Head and Shoulders, resuming the bearish monthly, weekly, daily trend. The first target…
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AUD/CHF – broke above previous high and an important resistance zone
The price broke above the previous high and an important resistance zone above 0.6950. The first target for this breakout is at 0.618 FIB extension around 0.7240, second target is…
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CAD/CHF – broke above an important resistance zone on the daily weekly chart
Last week the price broke above a resistance zone which has been holding the bulls since June 2020, the breakout was on both the weekly and the daily chart. The…
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GBP/CHF – broke 7 months range to the upside
Technical analysis – 7–13 February 2021 The price broke 6–7 months range to the upside on the weekly, daily charts and breaking descending triangle to the upside on the monthly…
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USD/CHF – broke above wedge on the weekly chart
Technical analysis for 7 – 13 February 2021 Another USD pair breaking to the upside, last week. The price broke above descending wedge on the weekly chart and above the…
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USD/JPY – broke above price channel on the daily chart
technical analysis for 7–13 February 2021 Last week the price broke above descending price channel, dynamic resistance, and previous daily high above 104.40. The first target of this break is…
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EUR/USD – broke down below ascending wedge
Technical analysis for 7-13 February 2021 Last week we witnessed a breakdown, the price broke below the key support at 1.2055, below the pennant pattern, and below ascending wedge on…
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DXY dollar index – technical analysis for 7–13 February 2021
The DXY index is painting a different picture than the FXCM dollar index. The DXY broke above descending wedge on the weekly and the daily charts, and also broke above…
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FXCM dollar index – broke out of a range
technical analysis – 7 – 13 February 2021 It was an interesting week for the USD, we witnessed break out of a range, to the upside, on the 4H and…
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USD/CHF – TECHNICAL ANALYSIS for 2021
Bearish monthly, weekly and daily chart. The first target for this bearish monthly run is the 1.272 FIB around 0.8550, but before that we have some support around 0.8700. This…
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