Technical analysis for the AUD/JPY, the pair reached the previous weekly high, the 2.168 FIB extension on the daily chart, and closed the week with a dragonfly doji, signaling a…
Read the post
forex
GBP/USD Technical analysis, the pair reached an important resistance area
Technical analysis for the GBP/USD, the pair reached an important resistance area, descending trend line and the previous daily high at 1.3751. If the GBP/USD close above the descending trend…
Read the post
EUR/USD Technical Analysis, the pair formed tweezer bottom signaling a potential pullback
Technical analysis for the EUR/USD, the pair formed a tweezer bottom on the weekly chart, a signal for a potential pullback. The focus now is on the daily chart. The…
Read the post
FXCM Dollar Index Technical Analysis, the index reached a key resistance and 0.386 FIB retracement
Technical analysis for the FXCM dollar index, the price reached a key resistance and the 0.386 FIB retracement on the weekly and the monthly charts and started a pullback on…
Read the post
AUD/USD Technical Analysis, the pair reached the second target of the bearish daily wave and started a pullback
Technical analysis for the AUD/USD, the pair reached the second target of the daily bearish wave at 1.618 FIB extension at 0.7120 and started a pullback. This pullback almost reached…
Read the post
USD/JPY Technical Analysis, the pair reached resistance and 0.618 FIB retracement and started a pullback
Technical analysis for the USD/JPY, the pair reached the third target of the third daily bullish wave at 2.272 FIB extension at 111.65 and the 0.618 FIB retracement at 112.00…
Read the post
USD/CHF Technical Analysis for, the pair broke above the weekly high at 0.9275
Technical analysis for the USD/CHF, the pair broke above the weekly high at 0.9275. This breakup opens the door for a bullish run toward the previous weekly high at 0.9472….
Read the post
GBP/USD Technical analysis, the pair reached the first target of the daily bearish wave
Technical analysis for GBP/USD, the pair reached the first target of the bearish daily wave at 1.272 FIB extension at 1.3410, which was close to the 0.500 FIB retracement on…
Read the post
EUR/USD Technical Analysis, the pair broke below a key support
The EUR/USD pair broke below the key support at 1.1600, which was a double bottom on the weekly and the daily charts. Not only that, but on the monthly chart,…
Read the post
FXCM dollar index technical analysis, breakout of six days range to the upside
The FXCM dollar index breakout of six days range to the upside on four hour and the daily charts and closed the weekly chart with a bullish candle, bouncing from…
Read the post
EUR/AUD Technical analysis, the pair reached the 3rd target of the daily bullish run
Technical analysis for EUR/AUD, the pair reached the 3rd target of the daily bullish run at 2.72 FIB extension at 1.6390, which was also resistance. Now the pair broke down…
Read the post
FXCM Dollar index Technical Analysis, consolidating at resistance unable to breakout decisively, awaiting catalysis
FXCM Dollar index Technical Analysis, consolidating at resistance unable to breakout decisively above the previous weekly high at 11 929. The index closed with a bullish engulfing candle, closing above…
Read the post
