Technical analysis for the AUD/JPY, the pair broke above the high of 2021, resuming the bullish wave on the weekly chart. The third target for that wave is the 2.272…
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USD/JPY Technical Analysis, the pair breakout above a key level
Technical analysis for the USD/JPY, the pair broke above the high at 118.66, which is a key level. The USD/JPY also broke above the long-term descending trend line on the…
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Dow Jones Industrial Technical Analysis, the index started a pullback
Technical Analysis for Dow Jones Industrial, the index bounced from 0.618 FIB retracement on the weekly chart and 0.382 FIB retracement on the monthly chart. The index closed the week…
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NASDAQ 100 Technical Analysis, the index formed a double bottom
Technical analysis for NASDAQ, the index formed a double bottom on the daily chart, bouncing from the 0.618 FIB retracement on the weekly chart and 0.382 FIB retracement on the…
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S&P 500 Technical Analysis, the index breakout on the daily chart
Technical analysis for S&P 500, the index formed a double bottom on the daily chart, holding the 0.618 FIB retracement on the weekly chart and 0.382 FIB retracement on the…
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NZD/CAD Technical Analysis, the pair rejected resistance
Technical analysis for the NZD/CAD, the pair reached the first target of the bearish weekly wave, the 1.272 FIB extension on the weekly chart at 0.8345, and started a pullback….
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The Bank of Canada raised its interest rates
The Bank of Canada raised its interest rates from 0.25% to 0.50%, the first interest rate increase since 2018. The Bank stressed the need for a further interest rate hike…
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AUD/NZD Technical Analysis, the pair formed a double top on the weekly chart
Technical analysis for the AUD/NZD, the pair formed a double top on the weekly and the daily charts, rejecting 0.618 FIB retracement on the monthly chart, signaling a bearish run….
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GBP/JPY Technical Analysis, the pair formed a triple top on the weekly chart
Technical analysis for the GBP/JPY, the pair formed a triple top on the weekly chart and broke below the low on the weekly at 152.91, opening the door for further declines….
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AUD/USD Technical Analysis, the pair broke out to the upside
Technical analysis for the AUD/USD, the pair broke above descending trend line on the daily chart and multiple resistance levels, which is a strong bullish signal. The price closed above…
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German DAX Technical Analysis, the bearish pressure accelerated
Technical analysis for the German DAX, the index broke below a bearish flag on the weekly chart and a range on the daily chart. The breakout sent the index lower,…
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EUR/USD Technical Analysis, the pair broke below a key level
Technical analysis for EUR/USD, the pair broke below the key level at 1.1165 and below the previous daily low at 1.1106. This breakout resumed the bearish trend on the weekly…
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