Looking at the 4H chart of the CDF, the price formed Head and Shoulders and broke below the neckline on Monday the 22 February when the futures market opened. This breaks…
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finance
NASDAQ – formed Head and Shoulders and broke below the neckline
Looking at the 4H chart of the CDF, the price formed Head and Shoulders and broke below the neckline on Monday the 22 February when the futures market opened. This…
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Focus for the week ahead is on the FED Powell testimony in front of the Congress
WEEKLY NOTES FOR 14-20 FEBRUARY 2021. Another week and another FED speech. The focus for the week ahead is on the FED Powell testimony in front of Congress on Tuesday…
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EUR/USD – formed potential Head and Shoulders on the 4H chart
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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DXY dollar index – broke below the bearish flag on the 4H chart
The price broke below the bearish flag on the 4H chart and formed Head and Shoulders on the 4H chart. If the price break below 89.92 we will see further…
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FXCM dollar index – broke below the bearish flag on the 4H chart
The price broke below the bearish flag on the 4H chart and below the neckline on the 4H Head and Shoulders, resuming the bearish monthly, weekly, daily trend. The first target…
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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…
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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…
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DXY and FXCM dollar indexes broke below bearish flag
WEEKLY NOTES FOR 14-20 FEBRUARY 2021. Both the DXY and the FXCM dollar indexes broke below the bearish flag on the 4H chart and below the daily phase line, signaling…
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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…
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USD/CHF – broke above wedge on the weekly chart
Technical analysis for 7 – 13 February 2021 Another USD pair breaking to the upside, last week. The price broke above descending wedge on the weekly chart and above the…
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USD/JPY – broke above price channel on the daily chart
technical analysis for 7–13 February 2021 Last week the price broke above descending price channel, dynamic resistance, and previous daily high above 104.40. The first target of this break is…
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