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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finance
The Reserve Bank of New Zealand raised its interest rates
Last week the Reserve Bank of New Zealand(RBN) raised its interest rates from 0.75% to 1.00%. In the official bank statement, the RBN stressed the need for further interest rate…
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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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Cloudflare Inc. (NET) Technical analysis, the shares bounced from a trendline
Technical analysis for Cloudflare Inc. (NET), the shares completed the fifth bullish wave on the daily chart, reached the 2.727 FIB extension at 205$. The shares of Cloudflare went as…
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Inflation in the US spiked to 7.5%, putting more pressure on the Fed
The latest inflation report from the US came out hot. The US inflation spiked to 7.5% versus an expectation of 7.1%, which is 40 years high. That started speculation that…
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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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NASDAQ Technical Analysis, the index bounced from support
Technical analysis for NASDAQ, the index bounced from 0.382 FIB retracement on the monthly chart and 0.618 FIB retracement on the weekly chart at 14 430, starting a pullback on…
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10 Year Yield France Government Bond Technical Analysis for 2022
Technical analysis for the 10 Year Yield France Government Bond, the yield broke above the 2020 and 2021 high, accelerating the bullish movement of the weekly bullish wave. The first…
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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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