Technical analysis for the GBP/USD, the pair broke below the daily low at 1.3358, resuming the bearish trend. The first target of this bearish breakout is the 1.272 FIB extension…
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currencies
AUD/JPY Technical Analysis, the pair rejected resistance and trendline
Technical analysis for AUD/JPY, the pair rejected resistance zone and descending trend line on the daily chart, forming an evening star candlestick pattern. However, the rejection was rather large and…
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USD/SGD Technical Analysis, approaching support zone
Technical analysis for USD/SGD, the pair is approaching a strong support zone between 1.3380-1.3400, where we have the 0.618 FIB retracement at 1.3400 and the weekly low at 1.3380. If…
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AUD/USD Technical Analysis, approaching strong resistance
Technical analysis for AUD/USD, the pair is approaching a strong resistance zone. Between 0.7185-0.7200, we have the daily 50 EMA, descending trend line, 0.382 FIB retracement on the weekly chart,…
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NZD/CAD Technical Analysis, the pair reached the first target of the bearish wave
Technical analysis for the NZD/CAD, the pair reached the first target for the bearish wave on the weekly chart, the 1.272 FIB extension at 0.8345, and bounced from it, starting…
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GBP/USD Technical Analysis, the pair formed a potential lower high on the daily chart
Technical analysis for the GBP/USD, the pair reached 0.618 FIB retracement on the daily chart at 1.3600 and rejected it with bearish engulfing candle forming a lower high. If the…
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EUR/USD Technical Analysis, the pair closed the week with a bullish engulfing candle
Technical analysis for the EUR/USD, the pair closed the week with a bullish engulfing candle on the weekly chart, signaling a potential breakout. The EUR/USD reached the previous daily high…
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DXY Dollar Index Technical Analysis, the index closed the week with a bearish engulfing candle
Technical analysis for the DXY index, the dollar index closed the week with a bearish engulfing candle, starting a pullback. The first target for this pullback, the 0.382 FIB retracement…
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FXCM Dollar Index Technical Analysis, the index closed the week with a bearish inside candle
Technical analysis for the FXCM dollar index, the price closed the week with a bearish inside candle, starting a pullback. The first target for this pullback, the 0.382 on the…
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GBP/JPY Technical Analysis, the pair closed the week with a low-test candle
Technical analysis for GBP/JPY, the pair closed the week with a low-test candle on the weekly chart, bouncing from support and 0.500 FIB retracement. The first target for this bounce…
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EUR/GBP Technical analysis, the pair formed tweezer bottom on the weekly chart
Technical analysis for the EUR/GBP, the pair formed a tweezer bottom pattern on the weekly chart. The EUR/GPB bounced from a support zone, signaling a pullback. The first target for…
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GBP/CHF Technical analysis, the pair closed the weekly chart with Dragonfly Doji
Technical analysis for GBP/CHF, the pair reached the first target of the bullish run on the daily chart, the 1.272 FIB extension at 1.2605, and started a pullback. On the…
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