In our USD/JPY technical analysis, a significant development unfolds as the pair forms double top on both the weekly and monthly charts, triggering a retracement. Delving into the intricacies, we…
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Deciphering NZD/USD Trends: Navigating Strong Resistance Zones
In our NZD/USD technical analysis, the currency pair encounters a formidable challenge as it grapples with a robust resistance zone. Delving into the technical intricacies, we explore key levels and…
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EUR/USD Technical Analysis: Deciphering Trends and Targets for Strategic Trading
In our EUR/USD technical analysis, a pivotal moment unfolds as the pair rejects the 0.618 Fibonacci retracement with a high-test pattern on the monthly chart. Navigating through the long-term trend…
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Navigating Trends: Comprehensive Technical Analysis for GBP/USD
In our detailed GBP/USD technical analysis, the currency pair has recently encountered a critical juncture, marked by a rejection of the 0.618 Fibonacci retracement with a high-test candle on the…
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AUD/USD Technical Analysis Signals a Bullish Breakthrough Beyond Weekly Descending Trend Line
In the dynamic realm of currency trading, the AUD/USD pair has recently undergone a noteworthy shift, breaking free from the constraints of a descending channel on the daily chart and…
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AUD/CHF Technical Analysis, the pair formed a double bottom on the weekly chart
Embarking on a meticulous analysis of the AUD/CHF currency pair, our attention is drawn to a compelling technical narrative. Notably, the AUD/CHF duo has forged a distinctive double bottom pattern,…
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EUR/USD Technical Analysis, the pair is facing descending trend line and resistance
Technical analysis for the EUR/USD, the pair is facing a descending trend line, resistance zone, and the 50 EMA on the weekly chart. A break above this resistance zone between…
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FXCM Dollar Index Technical Analysis, the index formed a double-top
Technical analysis for the FXCM dollar index, the price formed a double-top pattern on the daily chart rejecting the top of ascending price channel on both the daily and the…
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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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DXY Index Technical Analysis, the index formed a Head & Shoulder pattern rejecting resistance
Technical analysis for the DXY, the index rejected resistance and 0.786 FIB retracement on the monthly chart at 109.80 with a bearish inside bar on the weekly chart and Head…
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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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