Technical analysis for USD/JPY, the pair formed a double top and broke below a bearish flag on the daily chart, starting a pullback. The first target for this pullback in…
Read the post
finance
Silver Technical Analysis, a breakout below the double bottom
Technical analysis for Silver, the price of XAG/USD closed below the double bottom on both the weekly and the daily charts, which is a signal for further declines. The first…
Read the post
Dow Jones Industrial Technical Analysis, the index formed a morning star pattern
Technical analysis for Dow Jones Industrial, the index formed a morning star pattern on the daily chart, signaling a potential pullback. The first target for this pullback is the 0.382…
Read the post
Technical Analysis for NASDAQ, the index closed the week with a low-test candle
Technical analysis for NASDAQ, the index closed the week with a low-test candle on the weekly chart, bouncing from support, signaling a pullback. We must keep in mind that despite…
Read the post
S&P 500 Technical Analysis, the index brokeout below a Head & Shoulders pattern
Technical analysis for S&P 500, the index closed below the 0.382 FIB retracement on the weekly chart and broke below the neckline of a Head & Shoulders pattern on the…
Read the post
NASDAQ Technical Analysis, the index is approaching a support zone
Technical analysis for NASDAQ, the index is approaching a support zone between 12 450 and 12 208, within that zone, we also have dynamic support. That could be enough to…
Read the post
EUR/AUD Technical Analysis, the pair formed ascending triangle on the daily chart
Technical analysis for EUR/AUD, the pair closed the month with a low-test candle on the monthly chart and formed ascending triangle on the daily chart, a sign of a potential…
Read the post
DXY Technical Analysis, the index closed above 0.618 FIB retracement on the monthly chart
Technical analysis for the DXY, the index closed above the 0.618 FIB retracement on the monthly chart, a sign of further upside potential. This bullish development opened the door for…
Read the post
The FED hiked the interest rates, and chairman Powell signaled another 0.50% rise in June
The Federal Reserve of the United States raised the interest rates in their meeting on the fourth of May 2022. During the Central Bank press conference, while answering questions, FED…
Read the post
FED Chairman Powell confirmed the 0.50% rate hike for the meeting in May
Last week in a speech for the IMF, the FED Chairman Powell confirmed the market expectation for a 0.50% rate hike for the meeting in May. As a result of…
Read the post
NZD/JPY Technical Analysis, the pair formed tweezer top on the weekly chart
Technical analysis for NZD/JPY, the pair rejected resistance and 0.786 FIB retracement at 86.65 with a high-test candle pattern forming a tweezer top on the weekly chart. On the daily…
Read the post
GBP/USD Technical Analysis, the pair broke below a descending triangle
Technical analysis for the GBP/USD, the price broke below a descending triangle on the daily chart. This breakout accelerated the decline toward the second target of the bearish wave on…
Read the post
