Technical analysis for the USD/CHF pair is showing that after the break above descending wedge on the weekly chart, the price started a new bullish trend on the daily chart….
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AUD/USD Technical analysis, the pair broke down on the daily chart extending the daily bearish run and forming Head and Shoulders on the weekly chart
Technical analysis for AUD/USD pair is showing that the price broke down on the daily chart and broke below ascending trend line on the weekly chart forming a Head and…
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GBP/USD Technical analysis, the pair broke down on the daily chart but bounce from dynamic support on the weekly chart
Technical analysis for GBP/USD pair is showing that the price broke down on the daily chart but found support on the weekly chart bouncing from ascending trend line. The first…
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USD/JPY Technical analysis, the pair reached the second target of the bullish daily wave and touched a key resistance level
Technical analysis for the USD/JPY is showing that the pair reached the second target of the daily bullish wave at 1.618 FIB extension at 109.55 and touched the key resistance…
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USD/CAD Technical analysis, the price reached the 2nd target of the 3rd bearish wave and support zone and bounced from it
Technical analysis for USD/CAD is showing that the price reached the 2nd target of the 3rd bearish daily wave around 1.2420, it went as low as 1.2365, which is a…
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FXCM dollar index – Technical analysis, trading in a range, form descending triangle on the 4H chart
Technical analysis for the FXCM dollar index is showing that the price is trading in a range and form a descending triangle on the 4H chart. Break above the descending…
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DXY dollar index – retesting the breakout area, which is now a support zone on the daily chart
Not a lot changed in the past week. After the initial breakout in the daily chart, the price pulled back to retest the breakout. The first target of this breakout…
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FXCM dollar index – retesting the breakout area, which is now a support zone on the daily chart
Not much changed in the past week. After the initial breakout in the weekly and the daily charts, the price pulled back to retest the breakout. The first target of…
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EUR/USD – extending the bearish run on the daily chart after a break below the previous low
The pair broke below the previous daily low, below 1.1952, extending the daily bearish run. The first target of this bearish run is at 100% FIB extension around 1.1840, the…
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NZD/USD – formed tweezer tops on the monthly chart rejecting resistance
The pair formed tweezer tops on the monthly chart, high-test candle on the weekly chart, which materializes as an ABC pullback on the daily chart. The price reached both horizontal…
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AUD/USD – Technical Analysis. ABC daily pullback reached support on the weekly chart
The pair broke below the previous daily low, extending the daily pullback to an ABC pullback. The price is sitting on the 0.386 FIB retracement and on ascending trend line…
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GBP/USD – ABC pullback on the daily reached support
The pair reached the first target of the weekly bullish wave at 1.272 FIB extension around 1.4040, formed a high-test candle on the weekly chart, and started a pullback. This…
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