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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forex
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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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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DXY Dollar Index Technical Analysis, the index closed the week with a bearish engulfing candle
Technical analysis for the DXY index, the dollar index closed the week with a bearish engulfing candle, starting a pullback. The first target for this pullback, the 0.382 FIB retracement…
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FXCM Dollar Index Technical Analysis, the index closed the week with a bearish inside candle
Technical analysis for the FXCM dollar index, the price closed the week with a bearish inside candle, starting a pullback. The first target for this pullback, the 0.382 on the…
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GBP/JPY Technical Analysis, the pair closed the week with a low-test candle
Technical analysis for GBP/JPY, the pair closed the week with a low-test candle on the weekly chart, bouncing from support and 0.500 FIB retracement. The first target for this bounce…
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GBP/CHF Technical analysis, the pair closed the weekly chart with Dragonfly Doji
Technical analysis for GBP/CHF, the pair reached the first target of the bullish run on the daily chart, the 1.272 FIB extension at 1.2605, and started a pullback. On the…
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USD/JPY Technical analysis, the pair rejected support with low-test candle
Technical analysis for the USD/JPY, the pair rejected support and 0.618 FIB retracement on the daily chart with a low-test candle, which is a signal for a bounce. The first…
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DXY dollar index Technical analysis, the index reached support
Technical analysis for the DXY dollar index, the index reached the 0.618 FIB retracement and horizontal and dynamic support on the weekly chart. If the index breaks below the ascending…
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