In our USD/JPY technical analysis, a significant development unfolds as the pair forms double top on both the weekly and monthly charts, triggering a retracement. Delving into the intricacies, we…
Read the post
exchange rate
Deciphering NZD/USD Trends: Navigating Strong Resistance Zones
In our NZD/USD technical analysis, the currency pair encounters a formidable challenge as it grapples with a robust resistance zone. Delving into the technical intricacies, we explore key levels and…
Read the post
EUR/USD Technical Analysis: Deciphering Trends and Targets for Strategic Trading
In our EUR/USD technical analysis, a pivotal moment unfolds as the pair rejects the 0.618 Fibonacci retracement with a high-test pattern on the monthly chart. Navigating through the long-term trend…
Read the post
Navigating Trends: Comprehensive Technical Analysis for GBP/USD
In our detailed GBP/USD technical analysis, the currency pair has recently encountered a critical juncture, marked by a rejection of the 0.618 Fibonacci retracement with a high-test candle on the…
Read the post
AUD/USD Technical Analysis Signals a Bullish Breakthrough Beyond Weekly Descending Trend Line
In the dynamic realm of currency trading, the AUD/USD pair has recently undergone a noteworthy shift, breaking free from the constraints of a descending channel on the daily chart and…
Read the post
AUD/CHF Technical Analysis, the pair formed a double bottom on the weekly chart
Embarking on a meticulous analysis of the AUD/CHF currency pair, our attention is drawn to a compelling technical narrative. Notably, the AUD/CHF duo has forged a distinctive double bottom pattern,…
Read the post
EUR/USD Technical Analysis, the pair is facing descending trend line and resistance
Technical analysis for the EUR/USD, the pair is facing a descending trend line, resistance zone, and the 50 EMA on the weekly chart. A break above this resistance zone between…
Read the post
CHF/JPY Technical analysis, the pair formed a high-test pattern on the weekly chart
Technical analysis for the CHF/JPY, the pair formed a high-test pattern on the weekly chart, signaling a potential pullback. The first target for this pullback is the 0.382 FIB retracement…
Read the post
GBP/USD Technical Analysis, the pair formed a low-test rejecting resistance
Technical analysis for GBP/USD, the pair formed a low-test pattern on the weekly and the daily charts, rejecting the 2020 low, signaling the begging of a bounce. The first target…
Read the post
AUD/USD Technical Analysis, the pair formed a double bottom
Technical analysis for AUD/USD, the pair formed a double bottom on the weekly chart, rejecting the 0.500 FIB retracement on the monthly chart, signaling a potential bounce. The first target…
Read the post
EUR/USD Technical Analysis, the pullback reached the first target
Technical analysis for EUR/USD, the pullback which started with the morning star pattern on the weekly chart reached the first target, the 0.382 FIB retracement at 1.0270. The focus now…
Read the post
USD/JPY Technical Analysis, the pair broke below an ascending wedge
Technical analysis for USD/JPY, the pair reached the second target of the bullish wave on the monthly chart, the 1.618 FIB extension at 139.35, and rejected it. The rejection manifested…
Read the post
