Technical analysis for GBP/JPY, the pair closed the week with a low-test candle on the weekly chart, bouncing from support and 0.500 FIB retracement. The first target for this bounce…
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Amazon(AMZN) Technical Analysis, the shares formed double tops on the weekly and the daily charts
Technical analysis for Amazon(AMZN), the price formed a double top on the monthly, weekly, and daily charts and started a pullback. The first target of this pullback, the 0.382 FIB…
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US Oil Technical Analysis, the price formed a double top on the weekly chart
Technical analysis for US Oil, the price formed a double top on the weekly chart, signaling a pullback. The first target for this pullback is the 0.382 FIB retracement on…
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FED Chairman Powell in the spotlight
The Federal Reserve of the US is finally ready to take the necessary actions to fight the increasing inflation in the USA. FOMC members expressed readiness to increase the interest…
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EUR/GBP Technical analysis, the pair formed tweezer bottom on the weekly chart
Technical analysis for the EUR/GBP, the pair formed a tweezer bottom pattern on the weekly chart. The EUR/GPB bounced from a support zone, signaling a pullback. The first target for…
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Brent Oil Technical analysis, bulls are pushing for breakout
Technical analysis for Brent Crude Oil, the price broke out on the weekly and the daily charts, a signal for further upside potential. The next target for the latest bullish…
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Netflix Technical Analysis for 2022
Technical analysis for Netflix (NFLX), the shares reached the third target of the fifth bullish wave on the monthly chart, the 1.272 FIB extension at 670$. The shares went as…
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Dow Jones Industrial Technical Analysis for 2022
Technical analysis for the Dow Jones Industrial, the index reached the first target of the third bullish wave on the weekly chart and started a pullback. The first target for…
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German DAX Technical analysis for 2022
Technical analysis for the German DAX, the index is within the third bullish wave on the quarterly chart. The first target for the quarterly bullish wave is the 1.272 FIB…
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GBP/CHF Technical analysis, the pair closed the weekly chart with Dragonfly Doji
Technical analysis for GBP/CHF, the pair reached the first target of the bullish run on the daily chart, the 1.272 FIB extension at 1.2605, and started a pullback. On the…
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USD/JPY Technical analysis, the pair rejected support with low-test candle
Technical analysis for the USD/JPY, the pair rejected support and 0.618 FIB retracement on the daily chart with a low-test candle, which is a signal for a bounce. The first…
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Russell 2000 Technical analysis for 2022
Technical analysis for Russell 2000, the index reached the second target of the third bullish wave on the weekly chart (the 1.618 FIB extension at 2450) and started a pullback….
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