Technical analysis for 7 – 13 February 2021 Another USD pair breaking to the upside, last week. The price broke above descending wedge on the weekly chart and above the…
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USD/JPY – broke above price channel on the daily chart
technical analysis for 7–13 February 2021 Last week the price broke above descending price channel, dynamic resistance, and previous daily high above 104.40. The first target of this break is…
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EUR/USD – broke down below ascending wedge
Technical analysis for 7-13 February 2021 Last week we witnessed a breakdown, the price broke below the key support at 1.2055, below the pennant pattern, and below ascending wedge on…
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Gold – price is approaching the previous weekly low
technical analysis – 7 – 13 FEBRUARY 2021 The price is approaching the previous weekly low and support zone between 1765 – 1800. If we see a rejection of that…
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DXY dollar index – technical analysis for 7–13 February 2021
The DXY index is painting a different picture than the FXCM dollar index. The DXY broke above descending wedge on the weekly and the daily charts, and also broke above…
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FXCM dollar index – broke out of a range
technical analysis – 7 – 13 February 2021 It was an interesting week for the USD, we witnessed break out of a range, to the upside, on the 4H and…
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USD breaking up against the EUR, CHF, JPY
Weekly notes for 07-13 February 2021. Bank of England told the UK banks to prepare for negative interest rates, however, shortly after that news, BoE Governor Bailey went out of…
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Crude Oil – price broke 3 weeks range to the upside
Technical analysis 7 – 13 FEBRUARY 2021 The price broke 3 weeks range to the upside on both the weekly and the daily charts, also on the daily chart the…
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Brent Crude Oil – broke above 3 weeks range
technical analysis for 7 – 13 February 2021. The price broke above 3 weeks range on both the weekly and the daily charts, clearing the way toward the first target…
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FED chairman Powell once again reassure, that the interest rates
Weekly notes – 31 January – 06 February 2021. The US earnings season is on and it is shaping to be a very good one, the companies that have reported earnings so…
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Joe Biden sworn in as 46th president of the United States, and immediately rolled out a flurry of executive orders
weekly notes 24-30 january2021 Joe Biden sworn in as 46th president of the United States and immediately rolled out a flurry of executive orders. Most of the executive orders were…
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Bounce in the USD comes after the spike (breakout) in the 30 and 10-year US Government bond yield
Weekly notes – 17–23 January 2021 Last week we whiteness the materialization of the USD pullback formed in the previous week. This pullback comes right after the spike (breakout) in the…
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