Technical analysis for the CHF/JPY, the price broke below the previous daily low at 123.42 and started consolidation. The consolidation formed a range between 123.55-122.14. If the CHF/JPY pair breaks…
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FED chairman Powell and FOMC members in panic mode
In testimony last week, the FED chairman Powell expressed his support for faster tapering the bond purchasing program. Chairman Powell declared that the FED should no longer refer to the…
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NASDAQ 100 Technical Analysis, the index formed potential Head & Shoulders pattern
Technical analysis for NASDAQ 100, the index reached FIB extension levels on the monthly chart between 16 225 – 16 700 and rejected them with bearish engulfing on the weekly…
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EUR/USD Technical Analysis, the pair bounced from support and started a pullback
Technical analysis for the EUR/USD, the pair reached the second target of the bearish weekly wave at 1.618 FIB extension at 1.1225 and started a pullback. The EUR/USD went as…
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NZD/USD Technical analysis, the pair is sitting at support zone
Technical analysis for the NZD/USD, the pair is within an important support zone and the previous monthly low at 0.6805. A break below 0.6805 will accelerate the bearish run, and…
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US Crude Oil Technical Analysis, bearish pressure accelerated
Technical analysis for US Crude oil, the bearish pressure accelerated after the price of Crude oil broke below the previous daily low at 74.74. The first target for the bearish…
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Technical analysis for Dow Jones Industrial, the index reached the first target of the weekly bullish wave
Technical analysis for Dow Jones Industrial, the index almost reached the first target of the bullish weekly wave at 1.272 FIB extension at 36 740. The index went as high…
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GBP/CHF Technical Analysis, the pair broke out of range, a signal for further declines ahead
Technical analysis for the GBP/CHF, the pair closed below the low at 1.2473, breaking out of range. The first target of this breakout is the 0.618 FIB retracement at 1.2210….
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AUD/USD Technical Analysis, the pair reached the second target of the bearish daily run
Technical analysis for AUD/USD, the pair reached the second target of the daily bearish run and previous low at 1.618 FIB extension at 0.7110. Further declines are in favor. The…
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EUR/JPY Technical Analysis, the pair reached strong support and bounced
Technical analysis for the EUR/JPY, the pair reached strong support at 127.95, the previous double bottom on the daily and weekly chart, and bounced from it. If the bears manage…
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GBP/JPY Technical analysis, the pair reached the second target of the third bullish weekly wave
Technical analysis for the GBP/JPY, the pair reached the second target of the third bullish weekly wave at 1.618 FIB extension at 156.75. The GBP/JPY pair went as high as…
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EUR/USD Technical analysis, the pair reached the first target of the bearish wave
Technical analysis for the EUR/USD, the pair reached the first target of the daily and the weekly bearish wave at the 1.272 FIB extension at 1.1445. As we explained in…
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