Technical analysis for the USD/JPY, the pair reached the third target of the third daily bullish wave at 2.272 FIB extension at 111.65 and the 0.618 FIB retracement at 112.00…
Read the post
trading
USD/CHF Technical Analysis for, the pair broke above the weekly high at 0.9275
Technical analysis for the USD/CHF, the pair broke above the weekly high at 0.9275. This breakup opens the door for a bullish run toward the previous weekly high at 0.9472….
Read the post
Dow Jones Industrial technical analysis, the index formed a double bottom on the daily chart
Technical analysis for Dow Jones Industrial, the index formed a double bottom on the daily chart, bouncing from support and 0.386 FIB retracement on the weekly chart. The focus is…
Read the post
S&P 500 Technical Analysis, the index reached the final target of the third bullish daily wave and started a pullback
S&P 500 technical analysis, the index reached the fourth final target of the third bullish daily wave at 2.618 FIB extension at 4530 and started a pullback. The first target…
Read the post
FED Chairman Powell expressed worry about the persistence of high inflation
After months of repeating the same message, that inflation is transitional, the FED Chairman Powell expressed worry about the persistence of high inflation. Chairman Powell even went further call it…
Read the post
NASDAQ Technical Analysis, the index reached the target for the fifth daily wave and started a pullback
Technical analysis for NASDAQ 100, the index reached the target of the fifth bullish wave on the daily chart at 0.618 FIB extension at 15 630 and started a pullback….
Read the post
EUR/USD Technical Analysis, the pair broke below a key support
The EUR/USD pair broke below the key support at 1.1600, which was a double bottom on the weekly and the daily charts. Not only that, but on the monthly chart,…
Read the post
FXCM dollar index technical analysis, breakout of six days range to the upside
The FXCM dollar index breakout of six days range to the upside on four hour and the daily charts and closed the weekly chart with a bullish candle, bouncing from…
Read the post
EUR/AUD Technical analysis, the pair reached the 3rd target of the daily bullish run
Technical analysis for EUR/AUD, the pair reached the 3rd target of the daily bullish run at 2.72 FIB extension at 1.6390, which was also resistance. Now the pair broke down…
Read the post
DXY dollar index Technical analysis, breakdown on the four-hour chart a signal for potential further declines
The previous break above the resistance zone between 93.30-93.45 opened the door for a bullish run toward the 0.386 FIB retracement on the monthly chart at 94.50. However, on the four-hour chart, the…
Read the post
EUR/USD Technical Analysis, the pair rejected the weekly and daily 50 EMA and 0.386 FIB retracement, resuming the bearish run
EUR/USD technical analysis, the pair rejected the weekly and the daily 50 EMA and the 0.386 FIB retracement, resuming the bearish run. Further decline is in favor, toward first the…
Read the post
Copper Technical Analysis, broke above the previous daily high, a signal for further upside potential
Copper technical analysis, the price broke above the previous daily high at 4.40 and above descending phase line on the daily chart, a signal for further upside potential. The first…
Read the post
