Daily Technical Analysis
- Tuesday, 22 May 2018
- Daily Technical Analysis
EUR/USD Daily Forecast - 22 May
The EUR/USD bullish rally has disappeared and price is now retesting the 1.1750 support zone again, which is a critical and key decision zone for a downtrend continuation or larger bullish reversal.
- Monday, 21 May 2018
- Daily Technical Analysis
AUD/USD Daily Forecast - 21 May
The Aussie dollar moved higher in Asian trading on Monday, benefiting from US – China trade news, but was unable to clearly break above falling 20SMA (0.7520) so far.
- Friday, 18 May 2018
- Daily Technical Analysis
GBP/USD Daily Forecast - 18 May
GBP/USD is starting a bullish consolidation at the 1.3520 range. Hourly support and resistance are given at 1.3331 (19/12/2017 low) and 1.4097 (29/01/2018 high). The technical structure suggests short-term sideways trading moves.
- Thursday, 17 May 2018
- Daily Technical Analysis
EUR/USD Daily Forecast - 17 May
EUR/USD is bouncing off from 1.1764 low and broke hourly support at 1.1812 (25/12/2018). The pair is currently trading at 1.1830, heading along the 1.1840 range. The pair is currently at mid- December 2017 levels. Hourly support and resistance are…
- Wednesday, 16 May 2018
- Daily Technical Analysis
AUD/USD Daily Forecast - 16 May
AUDUSD has reversed back down again after finding resistance at the 0.7560 barrier, achieved on Monday and holds below the 0.7800 handle. The pair completed two consecutive bearish days and remains below the 20- and 40-simple moving averages (SMAs) in…
- Tuesday, 15 May 2018
- Daily Technical Analysis
GBP/USD Daily Forecast - 15 May
GBP/USD is increasing, trading above 1.3550 and heading along the 1.3575 range. The pair is currently trading at mid-January 2018 levels. Hourly support and resistance are given at 1.3458 (11/01/2018 low) and 1.4097 (29/01/2018 high). The technical structure suggests shortterm…
- Monday, 14 May 2018
- Daily Technical Analysis
EUR/USD Daily Forecast - 14 May
The EURUSD closed on Friday on a bullish note marking a second consecutive day of gains. However, price action remains stuck near the key resistance level of 1.1959 – 1.1920 level. This could potentially trigger a modest pullback in the…
- Friday, 11 May 2018
- Daily Technical Analysis
AUD/USD Daily Forecast - 11 May
According to fxempire.com, the Australian dollar has been in a very negative move for some time. However, the last couple of sessions have been a little bit healthier than previously shown, and it looks as if the CPI figures in…
- Thursday, 10 May 2018
- Daily Technical Analysis
GBP/USD Daily Forecast - 10 May
According to dailyforex.com, the British pound has gone back and forth during the day on Wednesday, showing signs of strength at one point, but then turning around to form a shooting star. The shooting star sits on top of a…
- Wednesday, 09 May 2018
- Daily Technical Analysis
EUR/USD Daily Forecast - 9 May
According to dailyforex.com, the EUR/USD pair broke down significantly on Tuesday again, breaking down below the 1.19 handle, and reaching below the 1.1850 level at one point during the session. We have cleared the 61.8% Fibonacci retracement level, and now…- Popular
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