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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NASDAQ Technical Analysis, the index bounced from support
Technical analysis for NASDAQ, the index bounced from 0.382 FIB retracement on the monthly chart and 0.618 FIB retracement on the weekly chart at 14 430, starting a pullback on…
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10 Year Yield France Government Bond Technical Analysis for 2022
Technical analysis for the 10 Year Yield France Government Bond, the yield broke above the 2020 and 2021 high, accelerating the bullish movement of the weekly bullish wave. The first…
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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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The European Central Bank surprised the markets
The European Central Bank surprised the market during the last week’s monetary announcement. The bank left the interest rate unchanged. However, the bank didn’t rule out a rate hike in…
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S&P 500 Technical Analysis, the index retraced to 0.618 FIB retracement
Technical analysis for S&P 500, the index retraced to the key 0.618 FIB retracement on the weekly chart at 4590. If the index breakout and holds above the 0.618 FIB…
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Meta Platforms Inc (Facebook/FB) Technical Analysis, the shares reached the second target of the bullish weekly wave
Technical analysis for Meta Platforms (Facebook/FB), the shares reached the second target of the bullish wave on the weekly chart, the 1.618 FIB extension at 382$. That was close to…
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Federal Reserve signaled rate hike in March
In the latest FOMC Statement and during the press conference, Chairman Powell and FOMC members signaled determination for an interest rate hike in March 2022. That was something that the…
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