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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
0votesThe assumed test of key resistance range was confirmed but relative bullish activity rise displayed by OsMA trend indicator was not favorable for immediate realization of the pre-planned positions ...... Read More
0votesGBP/USD – Market strategy is bearish, selling down from~the 1.4700$ levelGBP/USD-market strategy can be a sell from the level 1.4700$Technical oscillators supporting the bearish trend for the ...... Read More
0votesGBP/USD opened up at $1.4709 took a hit down to $1.4658 early on. Range trading caused the pair to trade at these levels until about 4:30 GMT. A steep correction due to selling pressure from central ...... Read More
0votesShort term (Intraday)1,4603. GBP USD is in a range between 1,4380 and 1,4730. GBP USD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. ...... Read More
1votesGBP/USD 1.4539 - 5 January GBP/USD Open 1.4515 High 1.4791 Low 1.4383 Close 1.4537 In December the British currency continued to decline and reached a new bottom since 2002. Last week the British ...... Read More
0votesThe GBPUSD has moved above the 200 hour moving average and triggers some stops. The level comes in at the 1.4655 level. The level will now act as support for the pair. EURGBP has ...... Read More
0votesGBP/USD – Market strategy is~bearish, selling down from the 1.4480$ levelGBP/USD-market strategy can be a sell from the level 1.4480$Technical oscillators supporting the bearish trend for the ...... Read More
0votesRate is two-way and firmer due to cross-spreaders liquidating EURO-Sterling; repatriation also lending to the firm tone. Rate is likely to have a knee-jerk reaction to more rate cuts due later in the ...... Read More
0votesThe current market situation of the analyzed pair has the signs of bearish tendency development but without definiteness in activity priority of either party. Moreover OsMA trend indicator, having ...... Read More
0votesTrading range: price action should remain range bound between 1.4759 and 1.4359. Analysis name : CableLast close : 1.474401.45490 Last status id : noneLast status ...... Read More
6votesHow Did the British Pound Trade in 2008? The British pound was one of the worst performing currencies in 2008. It fell to a 6 year low against the US dollar and record low against the Euro in ...... Read More
0votesGBP/USD – Market strategy is bearish, selling down from~the 1.4500$ levelGBP/USD-market strategy can be a sell from the level 1.4500$Technical oscillators supporting the bearish trend for the ...... Read More
1votesGBP/USD 1.4525 - 30 December GBP/USD Open 1.4470 High 1.4767 Low 1.4389 Close 1.4387 Pound/Dollar failed to reach a new 6 year bottom yesterday as the currency pair dropped for the ninth consecutive ...... Read More
0votesThe GBPUSD is approaching the lows from yesterday at the 1.4381 level now. The upside was tried but when a rally failed, and the old low at 1.4466 gave way, the bottom picking traders gave up ...... Read More
0votesGBP/USD – Market strategy is*bearish, selling down from the 1.4530$ levelGBP/USD-market strategy can be a sell from the level 1.4530$Technical oscillators supporting the bearish trend for the ...... Read More
0votesGBPUSD breaks below 1.4466 (Dec 4 low) support and the fall from 1.5722 extends further to as low as 1.4378 level, suggesting that the long term down trend from 2.0158 (July 15 high) has resumed. ...... Read More
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