Technical analysis for the dollar index DXY, the index bounced from the daily 50 EMA, starting a pullback on the daily chart. If the index break above the previous daily…
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forex
EUR/JPY Technical Analysis, the pair formed ascending triangle
Technical analysis for EUR/JPY, the price formed ascending triangle on the four-hour chart, which is a signal for a potential bullish breakout. If the EUR/JPY breaks above 136.80, that will…
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EUR/USD Technical Analysis, the pair bounced from support, starting a pullback
Technical analysis for the EUR/USD, the pair bounced from the 2017 low at 1.0340 and started a pullback. The first target for this pullback, the 0.382 FIB retracement on the…
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FXCM Dollar Index Technical Analysis, the index closed the week with a bearish engulfing pattern
Technical analysis for FXCM dollar index, the index closed the week with a bearish engulfing candle on the weekly chart, starting a pullback. The first target for this pullback in…
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NZD/USD Technical Analysis, the pair bounced from 0.618 FIB, starting a pullback
Technical analysis for NZD/USD, the pair reached the 0.618 FIB retracement on the monthly chart at 0.6225 and bounced from it, starting a pullback. The first target for the pullback,…
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USD/JPY Technical Analysis, the pair formed a double top on the daily chart
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…
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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…
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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…
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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…
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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…
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USD/JPY Technical Analysis, the pair reached the fourth target of the bullish wave
Technical analysis for the USD/JPY, the pair reached the fourth target of the bullish wave on the weekly chart, the 2.618 FIB extension at 129.30. The bullish momentum is still…
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EUR/CAD Technical Analysis, the pair formed tweezer bottom on the weekly chart
Technical analysis for the EUR/CAD, the pair reached the first target of the bearish wave on the weekly chart, the 1.272 FIB extension at 1.3600 and support at 1.3550 and…
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