Technical analysis for the EUR/USD, the pair is facing a descending trend line, resistance zone, and the50 EMA on the weekly chart. A break above this resistance zone between 1.0550-1.0625,…
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exchange rate
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…
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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…
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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…
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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…
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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…
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GBP/USD Technical Analysis, the price formed Head and Shoulder pattern
Technical analysis for GBP/USD, the price reached the second target for the bearish wave on the monthly chart, the 1.618 FIB extension around 1.1990-1.2000, and bounced from it, starting a…
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USD/CAD Technical analysis, the pair broke out to the upside
Technical analysis for USD/CAD, the pair broke out above a six months resistance, above the double tops on the daily chart, and above the 0.382 FIB retracement on the weekly…
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USD/JPY Technical Analysis, the pair formed a double top
USD/JPY technical analysis, the pair rejected a resistance zone with tweezers top on the weekly chart and a double top on the daily chart, starting a pullback. The first target…
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USD/SGD Technical Analysis, the pair breakout continued the bullish wave
Technical analysis for USD/SGD, the pair broke out in April, closing above the 0.382 FIB retracement on the weekly chart and continued the bullish wave on the weekly chart. The…
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EUR/USD Technical Analysis, the pair formed a double bottom
Technical analysis for EUR/USD, the pair formed a double bottom on both the weekly and the daily charts, which is a signal for a pullback. The first target for this…
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CAD/JPY Technical Analysis, the pair reached the first target of the bullish wave
Technical analysis for CAD/JPY, the pair reached resistance and the first target of the bullish wave on the monthly chart, the 1.272 FIB extension at 106.75, and bounced from it,…
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