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Forex Technical Analysis
Technical analysis uses past data to try to forecast the future of a currency or pair. It is visually represented in the form of graphs, charts or tables. Some examples of technical analysis are the Elliott Wave and Fibonacci.Technical
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6votesGBP/USD 1.4680 - 6 January GBP/USD Open 1.4705 High 1.4791 Low 1.4383 Close 1.4690 Pound/Dollar failed to keep the descendants scenario yesterday. The currency couple made a rising movement, reaching ...... Read More
3votesEUR/USD:Broader themes may have to take a back seat for a couple of weeks, but the bias remains broadly dollar negative. Re-try a small buy against 1.3430 support, stop 1.3380, target 1.3600. In ...... Read More
2votesEUR/USD 1.3535 - 6 January EUR/USD Open 1.3954 High 1.3944 Low 1.3504 Close 1.3916 In December the Euro/Dollar rose sharply and reached the 1.4710 resistance, but strengthening over this level could ...... Read More
2votesDAILY FORECAST FOR USDCHFBias: Until 1.1124-32 breaks there does seem more risk for a correction lowerThe 1.1124 high is quite critical and while this caps (allow for 1.1132) the risk does seem ...... Read More
2votesShort term (Intraday)1,3544. EUR USD is in an downtrend directed by 1H exponential moving averages. The volatility is low. Bollinger bands are parallel and form the trend. ForexTrend 1H (Mataf Trend ...... Read More
2votesUSD/JPY 92.96 - 6 January USD/JPY Open 93.22 High 94.03 Low 91.84 Close 93.40 Yesterday Dollar/Yen made another increasing movement as expected. The currency couple reached the long term targets ...... Read More
2votesEUR/USD-market strategy can be~a sell from the 1.3400$ levelEUR/USD-market strategy can be a sell from the level 1.3400$Technical oscillators supporting the bearish trend for the currency pairTo ...... Read More
2votesUSD/CHF – Market strategy is bullish, buying from the 1.1180~levelUSD/CHF-market strategy can be a buy from the level 1.1180Technical oscillators supporting the bullish trend for the currency ...... Read More
1votesTrading range: price action should remain range bound between 1.0851 and 1.0616. Analysis name : Dol-SfLast close : 1.065301.07960 Last status id : ...... Read More
1votesDaily Pivots: (S1) 126.26; (P) 127.41; (R1) 128.44; EUR/JPY is still bounded in choppy trading in range of 123.69 and 131.03. We're still mildly favoring the case that rise from 115.80, which is ...... Read More
0votesShort term (Intraday)1,4603. GBP USD is in a range between 1,4380 and 1,4730. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ...... Read More
0votesShort term (Intraday)1,1954. USD CAD broke 1,2060 support. USD CAD is in a consolidation after the last bearish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf ...... Read More
0votesShort term (Intraday)1,1129. USD CHF is in an uptrend supported by 1H exponential moving averages. USD CHF is in a consolidation after the last bullish movement. The volatility is low. Bollinger ...... Read More
0votesShort term (Intraday)93,12. USD JPY is in an uptrend supported by 1H exponential moving averages. USD JPY is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands ...... Read More
0votesShort term (Intraday)136,03. GBP JPY is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are flat. ForexTrend 1H (Mataf Trend Indicator) is in a bullish ...... Read More
0votes---Gaza, Obama, Recession and Rate Cuts to kick start the year. --- And just like that! We’re on the verge of a new year, a new opportunity to prove to ourselves and ...... Read More
0votesShort term (Intraday)125,88. EUR JPY is in a range between 125,75 and 128,50. EUR JPY moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. ...... Read More
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