Technical analysis for Amazon (AMZN), the shares of Amazon broke down in April 2022 and started a bearish wave on the weekly chart. The first target of this bearish wave,…
Read the post
technical analysis
CAD/JPY Technical Analysis, the pair reached the first target of the bullish wave
Technical analysis for CAD/JPY, the pair reached resistance and the first target of the bullish wave on the monthly chart, the 1.272 FIB extension at 106.75, and bounced from it,…
Read the post
AUD/JPY Technical Analysis, the pair reached the first target of the bullish wave
Technical analysis for AUD/JPY, the pair reached the first target for the bullish wave on the monthly chart, the 1.272 FIB extension on the monthly chart at 96.70. The price…
Read the post
Gold Technical Analysis, the price formed tweezers top pattern on the weekly chart.
Technical analysis for Gold, the price of XAU/USD formed a tweezers top pattern on the weekly chart, rejecting the weekly and the daily 50 EMAs, the 0.382 FIB retracement on…
Read the post
GBP/USD Technical Analysis, the pair formed Head & Shoulders pattern
Technical analysis for GBP/USD, the pair reached the previous daily high and the 0.382 FIB retracement on the weekly chart at 1.2600 and formed a Head & Shoulders pattern on…
Read the post
DXY Dollar index Technical Analysis, the index bounced from the daily 50 EMA
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…
Read the post
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…
Read the post
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…
Read the post
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…
Read the post
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,…
Read the post
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…
Read the post
Silver Technical Analysis, a breakout below the double bottom
Technical analysis for Silver, the price of XAG/USD closed below the double bottom on both the weekly and the daily charts, which is a signal for further declines. The first…
Read the post