Looking at the monthly chart, we can see that the price broke above ascending triangle on the monthly and accelerate to the upside. This break out started bullish trend on…
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USD
Gold – technical analysis for 2021
Looking at the monthly chart, we can see that after the break out, above the strong resistance around 1370, which we witnessed in June 2019 the price accelerated to the…
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USD/CHF – TECHNICAL ANALYSIS for 2021
Bearish monthly, weekly and daily chart. The first target for this bearish monthly run is the 1.272 FIB around 0.8550, but before that we have some support around 0.8700. This…
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NZD/USD – TECHNICAL ANALYSIS for 2021
After the break above key resistance around 0.6800 the price accelerated to the upside. Next key resistance level to watch is the 0.7400 – 0.7550. The price is within its…
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USD/CAD – TECHNICAL ANALYSIS for 2021
On the monthly chart we can see double tops rejecting key resistance zone around 1.4430 and since then the price broke below, first dynamic support and then strong horizontal support…
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GBP/USD – TECHNICAL ANALYSIS for 2021
The price broke descending triangle to the upside on both the monthly and the weekly and it is attempting to break above dynamic resistance on the monthly. Also, the pair…
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USD/JPY – TECHNICAL ANALYSIS for 2021
On the weekly chart the price broke below important support and descending triangle. That support is now resistance between 104.50 – 105.50 and must be watched for rejection and resumption…
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USD/SGD – TECHNICAL ANALYSIS for 2021
The pair failed to continue to the upside and to extend bullish break out on the monthly chart, that happened in December 2014. Instead during the COV19 pandemic the price…
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AUD/USD – TECHNICAL ANALYSIS for 2021
The price broke briefly below the 2008 low in the beginning of the COV19 pandemic, but held that support on the monthly chart. Eventually we saw break above key horizontal…
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EUR/USD – TECHNICAL ANALYSIS for 2021
The bearish trend on the monthly chart which started with the break down in 2014 has not concluded yet, the first target of this bearish trend is around 0.9700. However,…
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DXY dollar index – technical analysis for 2021
Similar to the FXCM dollar index. The index is within its 3rd bearish wave of the bearish trend on the monthly and weekly chart. The first target for the weekly…
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FXCM dollar index technical analysis for 2021
The dollar started a new bearish trend and we are within the 3rd wave on the weekly and monthly chart of that bearish trend. The main levels to watch are…
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