Technical analysis for CAD/JPY is showing that the price reached the 1st target of the bullish weekly wave at 1.272 FIB extension at 87.90 and closed with a high-test candle…
Read the post
exchange rate
NZD/JPY Technical analysis, the pair reached the 2nd target of the 3rd daily bullish wave and resistance and form double top on the daily chart
Technical analysis for NZD/JPY is revealing that the pair reached the 2nd target of the 3rd bullish daily wave and formed a double top on the daily chart. The price…
Read the post
USD/CAD Technical analysis, the price reached the 2nd target of the 3rd bearish wave and support zone and bounced from it
Technical analysis for USD/CAD is showing that the price reached the 2nd target of the 3rd bearish daily wave around 1.2420, it went as low as 1.2365, which is a…
Read the post
EUR/CAD Technical analysis, the pair broke below the key support level at 1.5050, accelerating the bearish momentum
Technical analysis for EUR/CAD is showing that the price broke below the key support at 1.5050, confirming the 3rd weekly bearish wave. The first target of this bearish weekly wave…
Read the post
EUR/USD – extending the bearish run on the daily chart after a break below the previous low
The pair broke below the previous daily low, below 1.1952, extending the daily bearish run. The first target of this bearish run is at 100% FIB extension around 1.1840, the…
Read the post
NZD/USD – formed tweezer tops on the monthly chart rejecting resistance
The pair formed tweezer tops on the monthly chart, high-test candle on the weekly chart, which materializes as an ABC pullback on the daily chart. The price reached both horizontal…
Read the post
AUD/USD – Technical Analysis. ABC daily pullback reached support on the weekly chart
The pair broke below the previous daily low, extending the daily pullback to an ABC pullback. The price is sitting on the 0.386 FIB retracement and on ascending trend line…
Read the post
GBP/USD – ABC pullback on the daily reached support
The pair reached the first target of the weekly bullish wave at 1.272 FIB extension around 1.4040, formed a high-test candle on the weekly chart, and started a pullback. This…
Read the post
AUD/CAD – closed with high-test candle on the monthly chart forming tweezer tops
The pair closed with another high-test candle on the monthly chart, forming tweezer tops. On the weekly chart, the price breaks below the previous weekly closing low, a hint for…
Read the post
AUD/CHF – broke above previous high and an important resistance zone
The price broke above the previous high and an important resistance zone above 0.6950. The first target for this breakout is at 0.618 FIB extension around 0.7240, second target is…
Read the post
CAD/CHF – broke above an important resistance zone on the daily weekly chart
Last week the price broke above a resistance zone which has been holding the bulls since June 2020, the breakout was on both the weekly and the daily chart. The…
Read the post
GBP/CHF – broke 7 months range to the upside
Technical analysis – 7–13 February 2021 The price broke 6–7 months range to the upside on the weekly, daily charts and breaking descending triangle to the upside on the monthly…
Read the post
