Looking at the monthly chart, we can see that the price broke above ascending triangle on the monthly and accelerate to the upside. This break out started bullish trend on…
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technical analysis
Gold – technical analysis for 2021
Looking at the monthly chart, we can see that after the break out, above the strong resistance around 1370, which we witnessed in June 2019 the price accelerated to the…
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USD/CHF – TECHNICAL ANALYSIS for 2021
Bearish monthly, weekly and daily chart. The first target for this bearish monthly run is the 1.272 FIB around 0.8550, but before that we have some support around 0.8700. This…
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NZD/USD – TECHNICAL ANALYSIS for 2021
After the break above key resistance around 0.6800 the price accelerated to the upside. Next key resistance level to watch is the 0.7400 – 0.7550. The price is within its…
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AUD/JPY – TECHNICAL ANALYSIS for 2021
The price broke above key dynamic and horizontal resistance and is now within its 3rd bullish wave in the monthly, weekly and the daily chart. The first target of the…
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Apple Inc. – technical analysis for 2021, price reached 2.618 FIB extension
Analysis on the monthly chart for Apple shares, is reviewing that, in 2019 the price reached 2.618 FIB extension of the 3rd bullish monthly wave around 79.00 – 80.00 and…
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USD/CAD – TECHNICAL ANALYSIS for 2021
On the monthly chart we can see double tops rejecting key resistance zone around 1.4430 and since then the price broke below, first dynamic support and then strong horizontal support…
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GBP/JPY – TECHNICAL ANALYSIS for 2021
The pair formed double bottom on the monthly and weekly chart rejecting strong support around 127.00. If the price break above the descending triangle on the monthly and weekly charts,…
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GBP/USD – TECHNICAL ANALYSIS for 2021
The price broke descending triangle to the upside on both the monthly and the weekly and it is attempting to break above dynamic resistance on the monthly. Also, the pair…
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USD/JPY – TECHNICAL ANALYSIS for 2021
On the weekly chart the price broke below important support and descending triangle. That support is now resistance between 104.50 – 105.50 and must be watched for rejection and resumption…
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AUD/CHF – TECHNICAL ANALYSIS for 2021
During the volatility in the beginning of the COV19 pandemic the pair briefly broke below 2015 all-time low, and reached as low as 0.5344. However, the price formed low test…
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Meta Platforms Inc. (Facebook/FB) – Technical Analysis for 2021
In July 2018 the price reached the second target of the 3rd monthly bullish wave at 1.618 FIB extension around 205,00 and started a -43.00% pullback. In May 2020 the…
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