Technical Analysis
- Sunday, 24 June 2018
- Weekly Technical Analysis
GBP/USD Weekly Forecast - 25 June - 29 June
Notes: The British Pound has continued to trade within the confines of the descending pitchfork formation highlighted in our previous GBP/USD Technical Perspective, with prices rebounding off a confluence support zone this week around ~1.3164. This region is defined by the 50% retracement of the…
- Sunday, 24 June 2018
- Weekly Technical Analysis
AUD/USD Weekly Forecast - 25 June - 29 June
The AUD/USD pair formed a double bottom in the mentioned weekly low, up from the level but by less than 100 pips, and barely enough to trim weekly losses, falling short of confirming an upcoming reversal. In the weekly chart, the…
- Friday, 22 June 2018
- Daily Technical Analysis
EUR/USD Daily Forecast - 22 June
This week, the EUR/USD pair fell from the level of 1.1734 to bottom at 1.1543. It rebounded from the bottom to close at the price of 1.1642. The EUR/USD pair has faced strong support at the level of 1.1543. So,…
- Friday, 22 June 2018
- Daily Technical Analysis
BTC/USD Daily Forecast - 22 June
According to the H1 time – frame, I found a broken rising channel in the background, which is a sign that sellers are in control. The trend is bearish.
- Friday, 22 June 2018
- Daily Technical Analysis
AUD/USD Daily Forecast - 22 June
The Australian dollar has initially tried to rally during the session on Wednesday but found enough resistance above to turn around and fall towards the 0.7350 level. That’s an area that offered a significant amount of support as we ended…
- Thursday, 21 June 2018
- Daily Technical Analysis
GBP/USD Daily Forecast - 21 June
The British pound initially tried to rally during the day, and even broke above the 1.32 handle. However, we ran into far too much in the way of resistance, and the market turned around to form a shooting star shaped…
- Wednesday, 20 June 2018
- Daily Technical Analysis
EUR/USD Daily Forecast - 20 June
The EURUSD currency pair posted strong losses on the day as price action was seen drifting lower to the previous support formed at 1.1577. The break down below this level is expected to see either the currency pair posting further…
- Tuesday, 19 June 2018
- Daily Technical Analysis
AUD/USD Daily Forecast - 19 June
The Australian dollar continues to fall, breaking through the bottom of the hammer from the Friday session. Ultimately, the market looks as if it is ready to break through the 0.74 handle, perhaps unwinding down to the 0.7350 level which…
- Monday, 18 June 2018
- Daily Technical Analysis
GBP/USD Daily Forecast - 18 June
The British pound has been very noisy during the week as well, initially trying to rally but then broke down significantly. I think that the market continues to go lower, and a break down below the hammer from a couple…
- Saturday, 16 June 2018
- Weekly Technical Analysis
EUR/USD Weekly Forecast - 18 June - 22 June
The EURUSD broke some significant support levels last week. Thursday’s massive 290 pip range took out the previous ten sessions and also closed well below the 2017 trend line. For the week ahead, a retest of the 1.1650 area will likely attract…- Popular
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