The price broke above key dynamic and horizontal resistance and is now within its 3rd bullish wave in the monthly, weekly and the daily chart. The first target of the…
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currencies
NZD/USD – TECHNICAL ANALYSIS for 2021
After the break above key resistance around 0.6800 the price accelerated to the upside. Next key resistance level to watch is the 0.7400 – 0.7550. The price is within its…
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USD/CAD – TECHNICAL ANALYSIS for 2021
On the monthly chart we can see double tops rejecting key resistance zone around 1.4430 and since then the price broke below, first dynamic support and then strong horizontal support…
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GBP/JPY – TECHNICAL ANALYSIS for 2021
The pair formed double bottom on the monthly and weekly chart rejecting strong support around 127.00. If the price break above the descending triangle on the monthly and weekly charts,…
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GBP/USD – TECHNICAL ANALYSIS for 2021
The price broke descending triangle to the upside on both the monthly and the weekly and it is attempting to break above dynamic resistance on the monthly. Also, the pair…
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USD/JPY – TECHNICAL ANALYSIS for 2021
On the weekly chart the price broke below important support and descending triangle. That support is now resistance between 104.50 – 105.50 and must be watched for rejection and resumption…
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AUD/CHF – TECHNICAL ANALYSIS for 2021
During the volatility in the beginning of the COV19 pandemic the pair briefly broke below 2015 all-time low, and reached as low as 0.5344. However, the price formed low test…
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EUR/CAD – TECHNICAL ANALYSIS for 2021
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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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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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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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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