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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EUR
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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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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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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EUR/NZD – TECHNICAL ANALYSIS for 2021
After the initial spike in the beginning of the pandemic the price rose briefly above key resistance between 1.8650 – 1.8850, however, it was not able to close above it…
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EUR/USD – TECHNICAL ANALYSIS for 2021
The bearish trend on the monthly chart which started with the break down in 2014 has not concluded yet, the first target of this bearish trend is around 0.9700. However,…
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EUR/GBP – TECHNICAL ANALYSIS for 2021
Analysist of the quarterly and the monthly chart are showing multiple attempt and rejection of the extreme high and resistance between 0.9100 -0.9500. The price was not able to hold…
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